Core & Main price to book ratio CNM

Market value divided by the book value of the company's net assets, since 2021.

Today, Oct 23, 2026: 3.9×
5-year median: 4.9×
Against its 5-year history: 19th; percentile: 0 is its lowest day, 100 its highest
5-year range: 2.8× to 8.3×
Peer median: 3.7×

Core & Main's price to book ratio is 3.9× as of Oct 23, 2026.

That is below its 5-year median of 4.9×, lower than on 81% of days in the last 5 years.

Over that time it ranged from 2.8× in Dec 2022 to 8.3× in May 2024.

The median for 10 industrial distribution stocks of a similar size is 3.7×.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	3.9×	3.8×	5.8×
2025	5.3×	4.8×	7.6×
2024	6.1×	4.7×	8.3×
2023	4.9×	3.0×	4.9×
2022	2.8×	2.8×	5.1×
2021	6.1×	5.3×	6.8×

Against its peers

Companies in Industrial - Distribution nearest Core & Main's size, closest first, today.

Company	Price to book ratio
CNMCore & Main	3.9×
POOLPool	5.7×
MSMMSC Industrial Direct	4.5×
AITApplied Industrial Technologies	6.2×
WSOWatsco	4.4×
SITESiteOne Landscape Supply	2.7×
LKQLKQ	0.7×
WCCWESCO International	3.0×
BCCBOISE CASCADE	1.3×
REZIResideo Technologies	0.9×
DXPEDXP Enterprises	4.5×
Peer median	3.7×

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 Core & Main

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.