Hyster-Yale price to book ratio HY
Market value divided by the book value of the company's net assets, since 2012.
- Today, Oct 23, 2026
- 1.3×
- 10-year median
- 1.9×
- Against its 10-year history
- 12th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 0.9× to 4.9×
- Peer median
- 3.3×
Hyster-Yale's price to book ratio is 1.3× as of Oct 23, 2026.
That is below its ten-year median of 1.9×, lower than on 88% of days in the last ten years.
Over that time it ranged from 0.9× in Nov 2025 to 4.9× in Feb 2023.
The median for 10 industrial machinery stocks of a similar size is 3.3×.
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 | 1.3× | 1.0× | 1.7× |
| 2025 | 1.0× | 0.9× | 1.9× |
| 2024 | 1.7× | 1.7× | 4.0× |
| 2023 | 3.5× | 2.3× | 4.9× |
| 2022 | 3.8× | 1.4× | 4.8× |
| 2021 | 1.5× | 1.3× | 2.9× |
| 2020 | 1.8× | 1.0× | 2.0× |
| 2019 | 1.9× | 1.4× | 2.2× |
| 2018 | 1.8× | 1.7× | 2.7× |
| 2017 | 2.5× | 1.9× | 2.7× |
| 2016 | 2.1× | 1.6× | 2.5× |
| 2015 | 1.9× | 1.9× | 2.9× |
| 2014 | 2.5× | 2.3× | 3.9× |
| 2013 | 3.8× | 2.3× | 4.2× |
| 2012 | 2.2× | 1.9× | 2.2× |
Against its peers
Companies in Industrial - Machinery nearest Hyster-Yale's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| HYHyster-Yale | 1.3× |
| LYTSLSI Industries | 2.1× |
| TWINTwin Disc | 1.6× |
| GHMGraham | 4.0× |
| PSIXPower Solutions International | 5.2× |
| TNCTennant | 2.1× |
| PPIHPerma-Pipe International | 2.5× |
| ENREnergizer | 7.6× |
| EPACEnerpac Tool | 4.3× |
| SPBSpectrum Brands | 1.0× |
| GRCGorman Rupp | 4.4× |
| Peer median | 3.3× |
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 Hyster-Yale
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.