Microsoft price to book ratio MSFT

Market value divided by the book value of the company's net assets, since 2009.

Today, Oct 23, 2026: 8.8×
10-year median: 10.9×
Against its 10-year history: 20th; percentile: 0 is its lowest day, 100 its highest
10-year range: 6.5× to 17.0×
Peer median: 14.0×

Microsoft's price to book ratio is 8.8× as of Oct 23, 2026.

That is below its ten-year median of 10.9×, lower than on 80% of days in the last ten years.

Over that time it ranged from 6.5× in Nov 2016 to 17.0× in Nov 2021.

The median for 8 technology stocks of a similar size is 14.0×.

Price to book ratio over time

median 10.9×

The dashed line is the 10-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	8.8×	6.7×	9.8×
2025	10.0×	8.8×	11.9×
2024	11.1×	10.6×	13.7×
2023	12.7×	9.7×	13.2×
2022	10.3×	9.5×	15.5×
2021	16.6×	13.0×	17.0×
2020	13.6×	9.5×	14.6×
2019	11.4×	8.6×	11.4×
2018	9.0×	7.6×	10.6×
2017	7.4×	6.9×	8.4×
2016	6.9×	5.2×	7.0×
2015	5.7×	3.6×	5.8×
2014	4.4×	3.6×	4.5×
2013	3.8×	3.2×	3.9×
2012	3.2×	3.2×	4.3×
2011	3.7×	3.4×	5.2×
2010	5.1×	4.5×	6.6×
2009	6.6×	6.0×	6.7×

Against its peers

Companies in Technology nearest Microsoft's size, closest first, today.

Company	Price to book ratio
MSFTMicrosoft	8.8×
AAPLApple	47.2×
NVDANVIDIA	22.2×
AVGOBroadcom	15.4×
MUMicron Technology	7.2×
AMDAdvanced Micro Devices	12.5×
PLTRPalantir Technologies	48.4×
INTCIntel	5.0×
CSCOCisco Systems	8.4×
Peer median	14.0×

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 Microsoft

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