Badger Meter price to book ratio BMI
Market value divided by the book value of the company's net assets, since 2011.
- Today, Oct 23, 2026
- 6.4×
- 10-year median
- 6.4×
- Against its 10-year history
- 50th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 3.7× to 11.8×
- Peer median
- 4.4×
Badger Meter's price to book ratio is 6.4× as of Oct 23, 2026.
That is above its ten-year median of 6.4×, close to the middle of its last ten years.
Over that time it ranged from 3.7× in Oct 2016 to 11.8× in Oct 2024.
The median for 10 medical instruments and supplies stocks of a similar size is 4.4×.
Price to book ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 6.4× | 4.7× | 7.4× |
| 2025 | 7.6× | 7.4× | 11.4× |
| 2024 | 10.7× | 8.6× | 11.8× |
| 2023 | 9.2× | 7.5× | 10.5× |
| 2022 | 7.5× | 5.4× | 8.1× |
| 2021 | 8.0× | 7.2× | 8.9× |
| 2020 | 7.8× | 4.0× | 7.8× |
| 2019 | 5.9× | 4.6× | 6.0× |
| 2018 | 4.7× | 4.4× | 5.6× |
| 2017 | 5.1× | 4.0× | 5.6× |
| 2016 | 4.3× | 3.4× | 4.6× |
| 2015 | 3.7× | 3.7× | 4.4× |
| 2014 | 4.0× | 3.4× | 4.2× |
| 2013 | 4.3× | 3.6× | 4.5× |
| 2012 | 4.0× | 2.5× | 4.0× |
| 2011 | 2.4× | 2.3× | 3.0× |
Against its peers
Companies in Medical - Instruments & Supplies nearest Badger Meter's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| BMIBadger Meter | 6.4× |
| ICUIICU Medical | 1.9× |
| VNTVontier | 3.9× |
| NVSTEnvista | 1.2× |
| HAEHaemonetics | 6.4× |
| MMSIMerit Medical Systems | 3.3× |
| WRBYWarby Parker | 8.2× |
| ATRCAtriCure | 5.8× |
| MSAMSA Safety | 5.0× |
| UFPTUFP Technologies | 5.0× |
| INSPInspire Medical Systems | 2.5× |
| Peer median | 4.4× |
What the price to book ratio tells you
Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.
Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.
More on Badger Meter
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.