Moody's price to book ratio MCO

Market value divided by the book value of the company's net assets, since 2012.

Today, Oct 23, 2026: 27.7×
8-year median: 25.4×
Against its 8-year history: 56th; percentile: 0 is its lowest day, 100 its highest
8-year range: 17.3× to 178×
Peer median: 4.1×

Moody's' price to book ratio is 27.7× as of Oct 23, 2026.

That is above its 8-year median of 25.4×, close to the middle of its last 8 years.

Over that time it ranged from 17.3× in Oct 2023 to 178× in Jul 2018.

The median for 8 financial data and exchange stocks of a similar size is 4.1×.

Price to book ratio over time

median 25.4×

The dashed line is the 8-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	27.7×	18.6×	29.8×
2025	23.4×	20.3×	25.4×
2024	22.1×	19.4×	23.8×
2023	22.4×	17.3×	26.4×
2022	22.6×	18.8×	28.5×
2021	29.9×	29.4×	39.1×
2020	36.4×	34.2×	111×
2019	95.6×	68.6×	118×
2018	66.7×	63.5×	178×
2017	n/m a value too high to mean anything
2016	n/m a value too high to mean anything
2015	80.8×	76.0×	81.7×
2014	81.5×	41.2×	84.0×
2013	59.2×	28.4×	59.2×
2012	35.4×	32.2×	111×

Against its peers

Companies in Financial - Data & Stock Exchanges nearest Moody's' size, closest first, today.

Company	Price to book ratio
MCOMoody's	27.7×
ICEIntercontinental Exchange	3.1×
CMECME	4.1×
NDAQNasdaq	4.8×
SPGIS&P Global	4.2×
MSCIMSCI	n/m
COINCoinbase Global	3.3×
CBOECboe Global Markets	6.3×
TRUTransUnion	3.2×
Peer median	4.1×

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 Moody's

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