Fastenal price to book ratio FAST
Market value divided by the book value of the company's net assets, since 2009.
- Today, Oct 23, 2026
- 14.6×
- 10-year median
- 9.6×
- Against its 10-year history
- 99th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 5.9× to 15.2×
- Peer median
- 4.5×
Fastenal's price to book ratio is 14.6× as of Oct 23, 2026.
That is above its ten-year median of 9.6×, higher than on 99% of days in the last ten years.
Over that time it ranged from 5.9× in Oct 2016 to 15.2× in Aug 2025.
The median for 8 industrial distribution stocks of a similar size is 4.5×.
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 | 14.6× | 11.9× | 14.6× |
| 2025 | 12.3× | 11.4× | 15.2× |
| 2024 | 11.6× | 10.2× | 13.3× |
| 2023 | 10.7× | 8.6× | 10.8× |
| 2022 | 8.6× | 7.9× | 11.8× |
| 2021 | 12.4× | 9.1× | 12.4× |
| 2020 | 9.7× | 6.2× | 10.1× |
| 2019 | 8.2× | 6.4× | 8.7× |
| 2018 | 6.5× | 6.1× | 8.2× |
| 2017 | 7.8× | 5.9× | 7.8× |
| 2016 | 7.1× | 5.8× | 7.9× |
| 2015 | 6.6× | 5.9× | 7.4× |
| 2014 | 7.5× | 6.4× | 8.5× |
| 2013 | 8.0× | 7.7× | 10.0× |
| 2012 | 8.2× | 7.3× | 11.0× |
| 2011 | 9.1× | 6.5× | 9.2× |
| 2010 | 6.9× | 5.2× | 7.0× |
| 2009 | 5.2× | 4.3× | 5.2× |
Against its peers
Companies in Industrial - Distribution nearest Fastenal's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| FASTFastenal | 14.6× |
| GWWW.W. Grainger | 15.4× |
| FERGFerguson | n/m |
| WCCWESCO International | 3.0× |
| WSOWatsco | 4.4× |
| AITApplied Industrial Technologies | 6.2× |
| CNMCore & Main | 3.9× |
| POOLPool | 5.7× |
| MSMMSC Industrial Direct | 4.5× |
| Peer median | 4.5× |
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 Fastenal
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.