Mettler-Toledo International price to book ratio MTD
Market value divided by the book value of the company's net assets, since 2010.
- Today, Oct 23, 2026
- n/m
- a sliver of book value
- Last meaningful
- 170×
- Apr 2022
- 10-year median
- 34.8×
- 10-year range
- 21.5× to 193×
- Peer median
- 5.1×
Mettler-Toledo International's price to book ratio is not a meaningful number today: a multiple this high rests on a sliver of book value.
It was last meaningful in Apr 2022, at 170×.
On the days it had one over the last ten years, its median was 34.8×, from 21.5× in Dec 2016 to 193× in Feb 2022.
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 |
|---|---|---|---|
| 2022 | 170× | 170× | 193× |
| 2021 | 179× | 62.7× | 192× |
| 2020 | 61.2× | 36.0× | 67.7× |
| 2019 | 44.1× | 24.8× | 44.1× |
| 2018 | 26.3× | 25.0× | 34.5× |
| 2017 | 30.9× | 21.8× | 37.7× |
| 2016 | 21.9× | 14.3× | 22.6× |
| 2015 | 15.8× | 9.8× | 16.1× |
| 2014 | 10.2× | 7.0× | 10.2× |
| 2013 | 8.5× | 7.3× | 9.2× |
| 2012 | 7.2× | 5.9× | 7.4× |
| 2011 | 5.7× | 5.0× | 7.8× |
| 2010 | 6.6× | 5.2× | 6.8× |
Against its peers
Companies in Medical - Diagnostics & Research nearest Mettler-Toledo International's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| MTDMettler-Toledo International | n/m |
| ILMNIllumina | 14.3× |
| DGXQuest Diagnostics | 3.6× |
| LHLabcorp | 3.1× |
| IDXXIDEXX Laboratories | 27.4× |
| WATWaters | 2.9× |
| IQVIQVIA | 7.5× |
| AAgilent Technologies | 6.6× |
| MEDPMedpace | 43.1× |
| RVTYRevvity | 2.5× |
| BIOBio-Rad Laboratories | 1.4× |
| Peer median | 5.1× |
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 Mettler-Toledo International
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.