Price to Book Value (P/BV)
since 2005
Calculation
Accenture PLC, P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Total Accenture plc shareholders’ equity1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 16, 2026 | 4.30 | = | 229.68 | ÷ | 53.41 | 53.41 | = | 31,567,256 | ÷ | 591,038,148 | |
| Oct 10, 2025 | 4.79 | = | 240.94 | ÷ | 50.28 | 50.28 | = | 31,195,446 | ÷ | 620,441,250 | |
| Oct 10, 2024 | 7.98 | = | 361.07 | ÷ | 45.25 | 45.25 | = | 28,288,646 | ÷ | 625,163,402 | |
| Oct 12, 2023 | 7.44 | = | 304.36 | ÷ | 40.92 | 40.92 | = | 25,692,839 | ÷ | 627,937,555 | |
| Oct 12, 2022 | 7.13 | = | 250.07 | ÷ | 35.06 | 35.06 | = | 22,106,097 | ÷ | 630,580,797 | |
| Oct 15, 2021 | 11.06 | = | 341.82 | ÷ | 30.89 | 30.89 | = | 19,529,454 | ÷ | 632,153,357 | |
| Oct 22, 2020 | 8.51 | = | 228.14 | ÷ | 26.81 | 26.81 | = | 17,000,536 | ÷ | 634,093,454 | |
| Oct 29, 2019 | 8.15 | = | 184.80 | ÷ | 22.67 | 22.67 | = | 14,409,008 | ÷ | 635,672,438 | |
| Oct 24, 2018 | 9.44 | = | 153.12 | ÷ | 16.22 | 16.22 | = | 10,364,753 | ÷ | 638,990,838 | |
| Oct 26, 2017 | 10.08 | = | 141.97 | ÷ | 14.09 | 14.09 | = | 8,949,477 | ÷ | 635,224,220 | |
| Oct 28, 2016 | 9.83 | = | 115.67 | ÷ | 11.76 | 11.76 | = | 7,555,262 | ÷ | 642,184,419 | |
| Oct 30, 2015 | 11.33 | = | 107.20 | ÷ | 9.46 | 9.46 | = | 6,133,725 | ÷ | 648,101,194 | |
| Oct 24, 2014 | 8.96 | = | 78.35 | ÷ | 8.74 | 8.74 | = | 5,732,035 | ÷ | 655,502,521 | |
| Oct 29, 2013 | 10.06 | = | 74.91 | ÷ | 7.45 | 7.45 | = | 4,960,186 | ÷ | 666,014,836 | |
| Oct 30, 2012 | 11.05 | = | 67.41 | ÷ | 6.10 | 6.10 | = | 4,145,833 | ÷ | 679,888,683 | |
| Oct 21, 2011 | 10.33 | = | 58.08 | ÷ | 5.62 | 5.62 | = | 3,878,951 | ÷ | 690,110,636 | |
| Oct 26, 2010 | 11.06 | = | 45.05 | ÷ | 4.07 | 4.07 | = | 2,835,746 | ÷ | 696,452,274 | |
| Oct 19, 2009 | 9.61 | = | 38.69 | ÷ | 4.03 | 4.03 | = | 2,886,593 | ÷ | 717,002,084 | |
| Oct 20, 2008 | 9.15 | = | 31.86 | ÷ | 3.48 | 3.48 | = | 2,540,506 | ÷ | 729,637,683 | |
| Oct 23, 2007 | 14.69 | = | 39.85 | ÷ | 2.71 | 2.71 | = | 2,063,332 | ÷ | 760,495,475 | |
| Oct 18, 2006 | 13.85 | = | 31.91 | ÷ | 2.30 | 2.30 | = | 1,894,255 | ÷ | 822,093,596 | |
| Oct 31, 2005 | 13.33 | = | 26.31 | ÷ | 1.97 | 1.97 | = | 1,696,914 | ÷ | 859,871,173 |
Based on: 10-K (reporting date: 2026-08-31), 10-K (reporting date: 2025-08-31), 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31), 10-K (reporting date: 2011-08-31), 10-K (reporting date: 2010-08-31), 10-K (reporting date: 2009-08-31), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-08-31), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-08-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Accenture PLC Annual Report.
The financial data reveals a long-term expansion of book value per share contrasted with a general compression of the price-to-book value (P/BV) multiple over the observed period from 2005 to 2026.
- Book Value per Share (BVPS) Trajectory
- A consistent and uninterrupted upward trend is observed in the book value per share, which increased from 1.97 USD in 2005 to 53.41 USD by 2026. This steady growth indicates a continuous accumulation of net assets per share over two decades.
- Price to Book Value (P/BV) Ratio Analysis
- The P/BV ratio exhibited significant volatility across three distinct phases. From 2005 to 2007, the ratio peaked at 14.69, reflecting a high market premium. A sharp contraction occurred in 2008, where the ratio dropped to 9.15. Between 2009 and 2021, the multiple remained relatively range-bound, fluctuating between a low of 8.15 and a high of 11.06.
- Recent Valuation Compression
- A marked decline in the P/BV ratio is evident starting after 2021. The ratio fell from 11.06 in 2021 to a historic low of 4.30 by 2026. This trend occurs despite the share price remaining significantly higher than 2005 levels, suggesting that the growth in book value has outpaced the growth in market capitalization in recent years.
The divergence between the linear growth of the book value and the declining P/BV ratio suggests a shift in market sentiment or valuation metrics, where each dollar of net asset value is being priced more conservatively by the market toward the end of the period.
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Comparison to Competitors
Accenture PLC, P/BV, long-term trends, comparison to competitors
| Accenture PLC | Adobe Inc. | AppLovin Corp. | Cadence Design Systems Inc. | Datadog Inc. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 16, 2026 | 4.30 | — | — | — | — | — | 4.42 | 6.56 | 11.86 | — | 10.07 | 3.01 | — | — | 4.97 |
| Oct 10, 2025 | 4.79 | 10.74 | 65.10 | 14.77 | 11.50 | 6.59 | 9.46 | 11.11 | 28.96 | 43.07 | 16.29 | 4.59 | 9.42 | 3.25 | 7.15 |
| Oct 10, 2024 | 7.98 | 12.61 | 99.97 | 15.15 | 15.94 | 8.75 | 9.47 | 11.71 | 45.25 | 58.42 | 21.15 | 4.94 | 21.71 | 8.48 | 8.63 |
| Oct 12, 2023 | 7.44 | 16.31 | 16.06 | 24.05 | 21.22 | 7.49 | 8.92 | 11.92 | 308.71 | 14.90 | 42.84 | 3.13 | 20.60 | 14.02 | 8.58 |
| Oct 12, 2022 | 7.13 | 11.22 | 2.67 | 18.46 | 17.39 | 5.34 | 7.20 | 12.38 | — | 6.94 | 252.00 | 3.37 | 18.36 | 9.24 | 12.68 |
| Oct 15, 2021 | 11.06 | 15.94 | 7.83 | 13.68 | 48.66 | 5.90 | 15.71 | 15.16 | 41.57 | 10.48 | 71.88 | 4.73 | 30.36 | 10.50 | 18.38 |
| Oct 22, 2020 | 8.51 | 16.53 | — | 14.90 | 31.25 | 5.24 | 17.71 | 13.11 | 14.01 | 28.60 | 20.61 | 4.48 | 40.91 | 7.57 | 15.54 |
| Oct 29, 2019 | 8.15 | 16.03 | — | 9.51 | 16.83 | 6.04 | 20.00 | 10.30 | 8.59 | — | 12.91 | 7.66 | 31.48 | 5.16 | 21.26 |
| Oct 24, 2018 | 9.44 | 12.76 | — | 12.50 | — | 7.40 | 24.12 | 10.02 | 3.84 | — | 22.92 | 9.93 | 39.03 | 3.68 | 18.62 |
| Oct 26, 2017 | 10.08 | 11.50 | — | 11.49 | — | 8.20 | 26.72 | 7.69 | 3.90 | — | 17.37 | 7.78 | 48.15 | 3.99 | 14.93 |
| Oct 28, 2016 | 9.83 | 7.37 | — | 11.10 | — | 9.30 | 24.96 | 6.08 | 3.49 | — | 16.91 | 9.45 | 37.73 | 2.81 | 12.36 |
| Oct 30, 2015 | 11.33 | 6.35 | — | 4.61 | — | 8.92 | 10.00 | 4.66 | 3.66 | — | 32.11 | 10.57 | 15.42 | 2.20 | 13.98 |
| Oct 24, 2014 | 8.96 | 5.26 | — | 4.06 | — | 13.73 | 7.79 | 3.96 | 3.82 | — | 16.81 | 12.79 | 26.77 | 2.12 | 14.17 |
| Oct 29, 2013 | 10.06 | 4.49 | — | 3.74 | — | 8.37 | 5.28 | 3.36 | 3.13 | — | 12.19 | 11.74 | 24.35 | 2.19 | 17.51 |
| Oct 30, 2012 | 11.05 | 2.84 | — | 4.38 | — | 11.77 | 6.46 | 3.68 | 3.11 | — | 19.49 | 12.73 | 19.86 | 1.93 | — |
| Oct 21, 2011 | 10.33 | 2.66 | — | 7.87 | — | 11.39 | 5.46 | 4.07 | 4.12 | — | — | 12.71 | — | 1.84 | — |
| Oct 26, 2010 | 11.06 | 3.29 | — | 9.33 | — | 8.57 | 5.05 | 4.84 | 3.52 | — | — | 9.19 | — | 1.93 | — |
| Oct 19, 2009 | 9.61 | 3.68 | — | 14.21 | — | 7.26 | 3.50 | 5.36 | 4.29 | — | — | 5.65 | — | 1.71 | — |
| Oct 20, 2008 | 9.15 | 2.34 | — | 10.30 | — | 8.61 | 4.76 | 6.47 | 4.66 | — | — | 15.76 | — | 1.68 | — |
| Oct 23, 2007 | 14.69 | 4.24 | — | 1.49 | — | 5.56 | 4.74 | 33.73 | 5.96 | — | — | 17.53 | — | 2.67 | — |
| Oct 18, 2006 | 13.85 | 4.39 | — | 3.45 | — | 4.96 | 6.56 | 19.86 | 5.28 | — | — | 21.98 | — | 3.34 | — |
| Oct 31, 2005 | 13.33 | 12.48 | — | 2.78 | — | 3.80 | 4.73 | 17.90 | 6.31 | — | — | 10.50 | — | 2.57 | — |
Based on: 10-K (reporting date: 2026-08-31), 10-K (reporting date: 2025-08-31), 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31), 10-K (reporting date: 2011-08-31), 10-K (reporting date: 2010-08-31), 10-K (reporting date: 2009-08-31), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-08-31), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-08-31).
Comparison to Sector (Software & Services)
Accenture PLC, P/BV, long-term trends, comparison to sector (software & services)
| Accenture PLC | Software & Services | |
|---|---|---|
| Oct 16, 2026 | 4.30 | — |
| Oct 10, 2025 | 4.79 | 10.64 |
| Oct 10, 2024 | 7.98 | 11.97 |
| Oct 12, 2023 | 7.44 | 11.39 |
| Oct 12, 2022 | 7.13 | 10.54 |
| Oct 15, 2021 | 11.06 | 13.51 |
| Oct 22, 2020 | 8.51 | 11.67 |
| Oct 29, 2019 | 8.15 | 10.06 |
| Oct 24, 2018 | 9.44 | 8.75 |
| Oct 26, 2017 | 10.08 | 7.21 |
| Oct 28, 2016 | 9.83 | 6.29 |
| Oct 30, 2015 | 11.33 | 5.39 |
| Oct 24, 2014 | 8.96 | 5.16 |
| Oct 29, 2013 | 10.06 | 4.47 |
| Oct 30, 2012 | 11.05 | 4.89 |
| Oct 21, 2011 | 10.33 | 5.40 |
| Oct 26, 2010 | 11.06 | 5.32 |
| Oct 19, 2009 | 9.61 | 5.46 |
| Oct 20, 2008 | 9.15 | 6.11 |
| Oct 23, 2007 | 14.69 | 15.50 |
| Oct 18, 2006 | 13.85 | 11.43 |
| Oct 31, 2005 | 13.33 | 11.13 |
Based on: 10-K (reporting date: 2026-08-31), 10-K (reporting date: 2025-08-31), 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31), 10-K (reporting date: 2011-08-31), 10-K (reporting date: 2010-08-31), 10-K (reporting date: 2009-08-31), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-08-31), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-08-31).
Comparison to Industry (Information Technology)
Accenture PLC, P/BV, long-term trends, comparison to industry (information technology)
| Accenture PLC | Information Technology | |
|---|---|---|
| Oct 16, 2026 | 4.30 | — |
| Oct 10, 2025 | 4.79 | 13.99 |
| Oct 10, 2024 | 7.98 | 13.09 |
| Oct 12, 2023 | 7.44 | 11.29 |
| Oct 12, 2022 | 7.13 | 10.25 |
| Oct 15, 2021 | 11.06 | 12.37 |
| Oct 22, 2020 | 8.51 | 10.94 |
| Oct 29, 2019 | 8.15 | 8.41 |
| Oct 24, 2018 | 9.44 | 7.00 |
| Oct 26, 2017 | 10.08 | 5.46 |
| Oct 28, 2016 | 9.83 | 4.53 |
| Oct 30, 2015 | 11.33 | 4.30 |
| Oct 24, 2014 | 8.96 | 4.36 |
| Oct 29, 2013 | 10.06 | 3.50 |
| Oct 30, 2012 | 11.05 | 3.75 |
| Oct 21, 2011 | 10.33 | 3.98 |
| Oct 26, 2010 | 11.06 | 4.16 |
| Oct 19, 2009 | 9.61 | 4.31 |
| Oct 20, 2008 | 9.15 | 4.00 |
| Oct 23, 2007 | 14.69 | 8.64 |
| Oct 18, 2006 | 13.85 | 7.24 |
| Oct 31, 2005 | 13.33 | 7.40 |
Based on: 10-K (reporting date: 2026-08-31), 10-K (reporting date: 2025-08-31), 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31), 10-K (reporting date: 2011-08-31), 10-K (reporting date: 2010-08-31), 10-K (reporting date: 2009-08-31), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-08-31), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-08-31).