Garmin (GRMN) - P/B ratio

P/B ratio as of August 2026 : 6.10

According to Garmin's latest financial reports the company has a price-to-book ratio of 7.57301.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Garmin - P/B ratio (from 2001 to 2026)

P/B ratio by year

Year	P/B ratio	Change
2026-12-31	N/A	-100%
2025-12-31	4.34	-15.21%
2024-12-31	5.12	46.05%
2023-12-31	3.51	23.02%
2022-12-31	2.85	-33.44%
2021-12-31	4.28	3.25%
2020-12-31	4.15	6.89%
2019-12-31	3.88	34.67%
2018-12-31	2.88	-0.71%
2017-12-31	2.90	8.57%
2016-12-31	2.67	26.81%
2015-12-31	2.11	-29.2%
2014-12-31	2.98	20.89%
2013-12-31	2.46	9.14%
2012-12-31	2.26	-4.92%
2011-12-31	2.37	20.18%
2010-12-31	1.98	-8.88%
2009-12-31	2.17	24.27%
2008-12-31	1.74	-80.52%
2007-12-31	8.95	15.97%
2006-12-31	7.72	24.61%
2005-12-31	6.20	-12.02%
2004-12-31	7.04	-10.41%
2003-12-31	7.86	49.77%
2002-12-31	5.25

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Honeywell HON	4.72	-22.62%	🇺🇸 USA
Motorola Solutions MSI	30.6	401.61%	🇺🇸 USA
Trimble TRMB	2.47	-59.51%	🇺🇸 USA
KVH Industries KVHI	1.09	-82.15%	🇺🇸 USA
Johnson Outdoors JOUT	1.18	-80.66%	🇺🇸 USA
Comtech Telecommunications CMTL	0.1974	-96.76%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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