Price to Book Value (P/BV)
since 2005
Paying user area
Try for free
NVIDIA Corp. pages available for free this week:
- Balance Sheet: Assets
- Balance Sheet: Liabilities and Stockholders’ Equity
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Solvency Ratios
- Analysis of Long-term (Investment) Activity Ratios
- Analysis of Reportable Segments
- Analysis of Geographic Areas
- Enterprise Value to EBITDA (EV/EBITDA)
- Net Profit Margin since 2005
- Operating Profit Margin since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to NVIDIA Corp. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
NVIDIA Corp., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Shareholders’ equity1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 25, 2026 | = | ÷ | = | ÷ | |||||||
| Feb 26, 2025 | = | ÷ | = | ÷ | |||||||
| Feb 21, 2024 | = | ÷ | = | ÷ | |||||||
| Feb 24, 2023 | = | ÷ | = | ÷ | |||||||
| Mar 18, 2022 | = | ÷ | = | ÷ | |||||||
| Feb 26, 2021 | = | ÷ | = | ÷ | |||||||
| Feb 20, 2020 | = | ÷ | = | ÷ | |||||||
| Feb 21, 2019 | = | ÷ | = | ÷ | |||||||
| Feb 28, 2018 | = | ÷ | = | ÷ | |||||||
| Mar 1, 2017 | = | ÷ | = | ÷ | |||||||
| Mar 17, 2016 | = | ÷ | = | ÷ | |||||||
| Mar 12, 2015 | = | ÷ | = | ÷ | |||||||
| Mar 13, 2014 | = | ÷ | = | ÷ | |||||||
| Mar 12, 2013 | = | ÷ | = | ÷ | |||||||
| Mar 13, 2012 | = | ÷ | = | ÷ | |||||||
| Mar 16, 2011 | = | ÷ | = | ÷ | |||||||
| Mar 18, 2010 | = | ÷ | = | ÷ | |||||||
| Mar 13, 2009 | = | ÷ | = | ÷ | |||||||
| Mar 21, 2008 | = | ÷ | = | ÷ | |||||||
| Mar 16, 2007 | = | ÷ | = | ÷ | |||||||
| Mar 16, 2006 | = | ÷ | = | ÷ | |||||||
| Mar 22, 2005 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2026-01-25), 10-K (reporting date: 2025-01-26), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-25), 10-K (reporting date: 2014-01-26), 10-K (reporting date: 2013-01-27), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-25), 10-K (reporting date: 2008-01-27), 10-K (reporting date: 2007-01-28), 10-K (reporting date: 2006-01-29), 10-K (reporting date: 2005-01-30).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of NVIDIA Corp. Annual Report.
The price-to-book (P/BV) ratio exhibits significant fluctuations over the observed period, generally trending upwards with notable peaks and valleys. Initially, the ratio demonstrates volatility, moving from 3.63 in 2005 to a high of 5.75 in 2006 before declining to 4.24 in 2008. A substantial drop is then observed in 2009, reaching a low of 2.27, potentially reflecting market conditions at the time. Subsequently, the ratio experiences a period of moderate growth, increasing to 3.98 by 2015.
A marked acceleration in the P/BV ratio begins in 2016, escalating rapidly from 3.98 to 10.51, and continuing to reach 19.60 in 2018. While experiencing a decrease to 10.09 in 2019, the ratio resumes its upward trajectory, reaching 24.95 in 2022. The most recent years show continued high values, peaking at 40.38 in 2023 before decreasing to 30.21 in 2026.
- Overall Trend
- The P/BV ratio generally increased over the period, particularly from 2016 onwards. This suggests a growing market valuation relative to the company’s book value, potentially driven by investor expectations of future earnings growth or a reassessment of the company’s assets.
- Volatility
- The ratio demonstrates considerable volatility, especially in the earlier years of the observation period. This suggests sensitivity to market conditions and potentially company-specific events. The later period, while exhibiting a strong upward trend, still shows fluctuations, indicating ongoing market adjustments.
- Recent Performance
- The P/BV ratio has remained elevated in recent years, consistently above 20. The decrease from 40.38 in 2023 to 30.21 in 2026 may indicate a correction in market valuation or a shift in investor sentiment. However, the ratio remains significantly higher than its historical averages.
- Relationship to Book Value
- The increasing P/BV ratio, coupled with the increasing book value per share, suggests that the market is placing a progressively higher premium on the company’s net asset value. This could be attributed to factors such as brand recognition, technological innovation, or anticipated future profitability.
Comparison to Competitors
NVIDIA Corp., P/BV, long-term trends, comparison to competitors
| NVIDIA Corp. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | KLA Corp. | Lam Research Corp. | Micron Technology Inc. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 25, 2026 | |||||||||||
| Feb 26, 2025 | |||||||||||
| Feb 21, 2024 | |||||||||||
| Feb 24, 2023 | |||||||||||
| Mar 18, 2022 | |||||||||||
| Feb 26, 2021 | |||||||||||
| Feb 20, 2020 | |||||||||||
| Feb 21, 2019 | |||||||||||
| Feb 28, 2018 | |||||||||||
| Mar 1, 2017 | |||||||||||
| Mar 17, 2016 | |||||||||||
| Mar 12, 2015 | |||||||||||
| Mar 13, 2014 | |||||||||||
| Mar 12, 2013 | |||||||||||
| Mar 13, 2012 | |||||||||||
| Mar 16, 2011 | |||||||||||
| Mar 18, 2010 | |||||||||||
| Mar 13, 2009 | |||||||||||
| Mar 21, 2008 | |||||||||||
| Mar 16, 2007 | |||||||||||
| Mar 16, 2006 | |||||||||||
| Mar 22, 2005 |
Based on: 10-K (reporting date: 2026-01-25), 10-K (reporting date: 2025-01-26), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-25), 10-K (reporting date: 2014-01-26), 10-K (reporting date: 2013-01-27), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-25), 10-K (reporting date: 2008-01-27), 10-K (reporting date: 2007-01-28), 10-K (reporting date: 2006-01-29), 10-K (reporting date: 2005-01-30).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
NVIDIA Corp., P/BV, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| NVIDIA Corp. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Feb 25, 2026 | ||
| Feb 26, 2025 | ||
| Feb 21, 2024 | ||
| Feb 24, 2023 | ||
| Mar 18, 2022 | ||
| Feb 26, 2021 | ||
| Feb 20, 2020 | ||
| Feb 21, 2019 | ||
| Feb 28, 2018 | ||
| Mar 1, 2017 | ||
| Mar 17, 2016 | ||
| Mar 12, 2015 | ||
| Mar 13, 2014 | ||
| Mar 12, 2013 | ||
| Mar 13, 2012 | ||
| Mar 16, 2011 | ||
| Mar 18, 2010 | ||
| Mar 13, 2009 | ||
| Mar 21, 2008 | ||
| Mar 16, 2007 | ||
| Mar 16, 2006 | ||
| Mar 22, 2005 |
Based on: 10-K (reporting date: 2026-01-25), 10-K (reporting date: 2025-01-26), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-25), 10-K (reporting date: 2014-01-26), 10-K (reporting date: 2013-01-27), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-25), 10-K (reporting date: 2008-01-27), 10-K (reporting date: 2007-01-28), 10-K (reporting date: 2006-01-29), 10-K (reporting date: 2005-01-30).
Comparison to Industry (Information Technology)
NVIDIA Corp., P/BV, long-term trends, comparison to industry (information technology)
| NVIDIA Corp. | Information Technology | |
|---|---|---|
| Feb 25, 2026 | ||
| Feb 26, 2025 | ||
| Feb 21, 2024 | ||
| Feb 24, 2023 | ||
| Mar 18, 2022 | ||
| Feb 26, 2021 | ||
| Feb 20, 2020 | ||
| Feb 21, 2019 | ||
| Feb 28, 2018 | ||
| Mar 1, 2017 | ||
| Mar 17, 2016 | ||
| Mar 12, 2015 | ||
| Mar 13, 2014 | ||
| Mar 12, 2013 | ||
| Mar 13, 2012 | ||
| Mar 16, 2011 | ||
| Mar 18, 2010 | ||
| Mar 13, 2009 | ||
| Mar 21, 2008 | ||
| Mar 16, 2007 | ||
| Mar 16, 2006 | ||
| Mar 22, 2005 |
Based on: 10-K (reporting date: 2026-01-25), 10-K (reporting date: 2025-01-26), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-25), 10-K (reporting date: 2014-01-26), 10-K (reporting date: 2013-01-27), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-25), 10-K (reporting date: 2008-01-27), 10-K (reporting date: 2007-01-28), 10-K (reporting date: 2006-01-29), 10-K (reporting date: 2005-01-30).