United Parcel Service price to book ratio UPS
Market value divided by the book value of the company's net assets, since 2009.
- Today, Oct 23, 2026
- 5.7×
- 10-year median
- 14.9×
- Against its 10-year history
- 12th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 4.5× to 183×
- Peer median
- 8.0×
United Parcel Service's price to book ratio is 5.7× as of Oct 23, 2026.
That is below its ten-year median of 14.9×, lower than on 88% of days in the last ten years.
Over that time it ranged from 4.5× in Oct 2025 to 183× in Jul 2017.
The median for 4 freight and logistics stocks of a similar size is 8.0×.
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 | 5.7× | 5.0× | 6.4× |
| 2025 | 5.4× | 4.5× | 6.7× |
| 2024 | 6.4× | 6.3× | 7.7× |
| 2023 | 7.0× | 5.8× | 9.8× |
| 2022 | 8.9× | 8.4× | 16.2× |
| 2021 | 15.5× | 14.5× | 26.5× |
| 2020 | 26.0× | 15.9× | 37.3× |
| 2019 | 18.4× | 18.1× | 32.6× |
| 2018 | 26.8× | 25.9× | 98.2× |
| 2017 | 68.0× | 34.0× | 183× |
| 2016 | 36.5× | 34.0× | 44.9× |
| 2015 | 44.4× | 15.9× | 50.4× |
| 2014 | 18.0× | 13.7× | 26.3× |
| 2013 | 26.7× | 9.7× | 26.7× |
| 2012 | 9.2× | 8.9× | 11.0× |
| 2011 | 9.1× | 7.3× | 9.3× |
| 2010 | 8.5× | 5.6× | 8.8× |
| 2009 | 5.8× | 5.7× | 8.6× |
Against its peers
Companies in Integrated Freight & Logistics nearest United Parcel Service's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| UPSUnited Parcel Service | 5.7× |
| FDXFedEx | 2.2× |
| EXPDExpeditors International of Washington | 12.0× |
| JBHTJ.B. Hunt Transport Services | 5.8× |
| CHRWC.H. Robinson Worldwide | 10.1× |
| Peer median | 8.0× |
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 United Parcel Service
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.