Carrier (CARR) - P/B ratio

P/B ratio as of October 2024 : 5.22

According to Carrier's latest financial reports the company has a price-to-book ratio of 3.10159.
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.

Carrier - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	5.35	25.32%
2022-12-31	4.27	-35.53%
2021-12-31	6.63	33.32%
2020-12-31	4.97
2019-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
SPX Corporation SPXC	6.19	18.59%	🇺🇸 USA
Trane Technologies TT	13.0	148.18%	🇮🇪 Ireland

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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