Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
Historical Valuation Ratios (Summary)
Ford Motor Co., historical price multiples (quarterly data)
Based on: 10-Q (reporting date: 2026-06-30), 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31).
The valuation ratios exhibit significant volatility and shifting trends between March 2022 and June 2026, characterized by a general contraction in valuation multiples during 2023 and 2024, followed by a notable expansion in several key metrics through mid-2026.
- Price to Earnings (P/E)
- The P/E ratio experienced a sharp increase from a low range of 4.82 to 5.80 in 2022 to a peak of 16.34 in March 2023. Following this spike, the ratio remained volatile, fluctuating between 6.24 and 13.98 through September 2025. This pattern suggests a period of instability in earnings relative to share price or a shifting market sentiment regarding future growth prospects.
- Price to Operating Profit (P/OP)
- A contraction is observed in the P/OP ratio from March 2022 (17.27) to a low of 5.49 in September 2023. Subsequently, a sustained upward trend emerged, with the ratio climbing to 15.24 by September 2025. This suggests that while the market initially discounted operating profits, the valuation premium relative to operational performance recovered significantly over the latter half of the period.
- Price to Sales (P/S)
- The P/S ratio followed a U-shaped trajectory. A consistent decline was noted from 0.47 in March 2022 to a minimum of 0.21 in December 2024. This downward trend reversed starting in early 2025, with the ratio gradually ascending to 0.35 by June 2026, indicating a gradual recovery in the market's valuation of revenue generation.
- Price to Book Value (P/BV)
- The P/BV ratio trended downward from 1.31 in March 2022 to a trough of 0.82 in December 2024, signaling a period where the stock traded below its book value. A strong reversal followed, with a steep increase to 1.71 by June 2026, marking the highest valuation relative to equity observed in the analyzed timeframe.
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Price to Earnings (P/E)
Ford Motor Co., historical P/E calculation (quarterly data)
| Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 3,987,595,667 | 3,984,692,630 | 3,989,475,225 | 3,984,498,566 | 3,979,860,297 | 3,976,548,845 | 3,963,447,704 | 3,974,288,593 | 3,975,249,685 | 3,992,337,157 | 3,973,633,108 | 4,002,954,437 | 4,002,225,602 | 4,000,770,326 | 3,986,181,861 | 4,020,494,099 | 4,020,237,518 | 4,019,765,355 | ||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||
| Net income (loss) attributable to Ford Motor Company (in millions) | (1,327) | 2,548) | (11,064) | 2,447) | (36) | 471) | 1,824) | 892) | 1,831) | 1,332) | (526) | 1,199) | 1,917) | 1,757) | 1,289) | (827) | 667) | (3,110) | ||||||
| Earnings per share (EPS)2 | -1.85 | -1.53 | -2.05 | 1.18 | 0.79 | 1.26 | 1.48 | 0.89 | 0.96 | 0.98 | 1.09 | 1.54 | 1.03 | 0.72 | -0.50 | 2.24 | 2.90 | 2.88 | ||||||
| Share price1, 3 | 15.28 | 12.08 | 13.85 | 13.84 | 11.07 | 10.44 | 9.26 | 10.41 | 11.16 | 13.04 | 12.80 | 9.96 | 13.26 | 11.79 | 13.23 | 13.00 | 14.00 | 14.62 | ||||||
| Valuation Ratio | ||||||||||||||||||||||||
| P/E ratio4 | — | — | — | 11.72 | 13.98 | 8.27 | 6.24 | 11.72 | 11.57 | 13.27 | 11.70 | 6.47 | 12.83 | 16.34 | — | 5.80 | 4.82 | 5.08 | ||||||
| Benchmarks | ||||||||||||||||||||||||
| P/E Ratio, Competitors5 | ||||||||||||||||||||||||
| General Motors Co. | 37.61 | 29.26 | 24.55 | 12.96 | 7.13 | 5.71 | 6.93 | 5.37 | 4.74 | 4.84 | 4.39 | 3.94 | 5.13 | 4.92 | 6.15 | 6.09 | 6.29 | 6.37 | ||||||
| Tesla Inc. | 331.92 | 363.44 | 412.00 | 293.83 | 167.41 | 132.18 | 181.57 | 64.86 | 54.89 | 37.27 | 40.55 | 62.68 | 70.03 | 43.84 | 43.65 | 59.61 | 88.39 | 123.10 | ||||||
Based on: 10-Q (reporting date: 2026-06-30), 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31).
1 Data adjusted for splits and stock dividends.
2 Q2 2026 Calculation
EPS
= (Net income (loss) attributable to Ford Motor CompanyQ2 2026
+ Net income (loss) attributable to Ford Motor CompanyQ1 2026
+ Net income (loss) attributable to Ford Motor CompanyQ4 2025
+ Net income (loss) attributable to Ford Motor CompanyQ3 2025)
÷ No. shares of common stock outstanding
= (-1,327,000,000 + 2,548,000,000 + -11,064,000,000 + 2,447,000,000)
÷ 3,987,595,667 = -1.85
3 Closing price as at the filing date of Ford Motor Co. Quarterly or Annual Report.
4 Q2 2026 Calculation
P/E ratio = Share price ÷ EPS
= 15.28 ÷ -1.85 = —
5 Click competitor name to see calculations.
The financial valuation metrics for Ford Motor Co. exhibit significant volatility across the observed period, characterized by fluctuating earnings and a divergent relationship between share price and profitability in the final quarters.
- Share Price Trends
- A general downward trajectory was observed from March 2022, where the price stood at 14.62 US$, reaching a low of 9.26 US$ by December 2024. Following this trough, a recovery phase occurred, with the share price trending upward to close the period at 15.28 US$ in June 2026.
- Earnings Per Share (EPS) Performance
- Earnings demonstrated high instability. After an initial period of strength in early 2022, a sharp decline led to a loss of 0.50 US$ per share in December 2022. While earnings recovered and remained positive throughout 2023 and most of 2024, a severe downturn occurred starting in December 2025, with EPS dropping to -2.05 US$, -1.53 US$, and -1.85 US$ in the final three quarters.
- Price-to-Earnings (P/E) Ratio Analysis
- The P/E ratio experienced substantial expansion and contraction. In the first three quarters of 2022, the ratio remained low, ranging between 4.82 and 5.80. A significant spike occurred in March 2023, reaching 16.34, indicating a period where the share price was high relative to diminished earnings. The ratio continued to fluctuate between 6.24 and 13.98 through June 2025. For the final three quarters of the period, the P/E ratio is unavailable due to the transition to negative earnings.
- Correlation Insights
- The data reveals a disconnect between market valuation and fundamental earnings in the final stages of the analysis. Despite the share price reaching its period peak of 15.28 US$ in June 2026, the company recorded consecutive quarterly losses. This suggests that the recent increase in share price was not driven by current earnings performance.
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Price to Operating Profit (P/OP)
Ford Motor Co., historical P/OP calculation (quarterly data)
| Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 3,987,595,667 | 3,984,692,630 | 3,989,475,225 | 3,984,498,566 | 3,979,860,297 | 3,976,548,845 | 3,963,447,704 | 3,974,288,593 | 3,975,249,685 | 3,992,337,157 | 3,973,633,108 | 4,002,954,437 | 4,002,225,602 | 4,000,770,326 | 3,986,181,861 | 4,020,494,099 | 4,020,237,518 | 4,019,765,355 | ||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||
| Operating income (loss) (in millions) | 638) | 2,329) | (11,557) | 1,558) | 511) | 319) | 1,231) | 880) | 1,883) | 1,225) | (245) | 1,129) | 2,461) | 2,113) | 1,561) | 504) | 2,868) | 1,343) | ||||||
| Operating profit per share2 | -1.76 | -1.80 | -2.30 | 0.91 | 0.74 | 1.08 | 1.32 | 0.94 | 1.00 | 1.14 | 1.37 | 1.81 | 1.66 | 1.76 | 1.57 | 1.36 | 1.57 | 0.85 | ||||||
| Share price1, 3 | 15.28 | 12.08 | 13.85 | 13.84 | 11.07 | 10.44 | 9.26 | 10.41 | 11.16 | 13.04 | 12.80 | 9.96 | 13.26 | 11.79 | 13.23 | 13.00 | 14.00 | 14.62 | ||||||
| Valuation Ratio | ||||||||||||||||||||||||
| P/OP ratio4 | — | — | — | 15.24 | 14.98 | 9.63 | 7.03 | 11.05 | 11.11 | 11.39 | 9.32 | 5.49 | 7.99 | 6.69 | 8.40 | 9.58 | 8.95 | 17.27 | ||||||
| Benchmarks | ||||||||||||||||||||||||
| P/OP Ratio, Competitors5 | ||||||||||||||||||||||||
| General Motors Co. | 38.44 | 28.67 | 26.84 | 7.69 | 4.37 | 3.49 | 3.89 | 4.85 | 4.52 | 4.92 | 4.74 | 3.56 | 4.59 | 4.28 | 5.32 | 5.70 | 6.50 | 6.84 | ||||||
| Tesla Inc. | 288.80 | 286.62 | 358.92 | 329.70 | 175.16 | 128.11 | 181.95 | 110.65 | 104.48 | 69.89 | 68.39 | 62.84 | 67.50 | 40.51 | 40.14 | 53.94 | 78.73 | 108.47 | ||||||
Based on: 10-Q (reporting date: 2026-06-30), 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31).
1 Data adjusted for splits and stock dividends.
2 Q2 2026 Calculation
Operating profit per share
= (Operating income (loss)Q2 2026
+ Operating income (loss)Q1 2026
+ Operating income (loss)Q4 2025
+ Operating income (loss)Q3 2025)
÷ No. shares of common stock outstanding
= (638,000,000 + 2,329,000,000 + -11,557,000,000 + 1,558,000,000)
÷ 3,987,595,667 = -1.76
3 Closing price as at the filing date of Ford Motor Co. Quarterly or Annual Report.
4 Q2 2026 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 15.28 ÷ -1.76 = —
5 Click competitor name to see calculations.
The analyzed period reveals a divergent trend between market valuation and operational performance, characterized by a recovery in share price that occurred simultaneously with a sharp decline in operating profitability.
- Share Price Dynamics
- The share price exhibited a U-shaped trajectory. Starting at 14.62 US$ in March 2022, the price experienced a gradual decline to a period low of 9.26 US$ by December 2024. Following this trough, a recovery phase began, with the price climbing steadily to reach 15.28 US$ by June 2026.
- Operating Profitability Trends
- Operating profit per share showed an initial upward trend, peaking at 1.81 US$ in September 2023. This was followed by a sustained decline throughout 2024 and the first half of 2025. A critical shift occurred in December 2025, where operating profit turned negative, reaching -2.30 US$ and remaining in negative territory through June 2026.
- Price to Operating Profit (P/OP) Interpretation
- The P/OP ratio fluctuated significantly across the timeline. After an initial high of 17.27 in March 2022, the ratio compressed to a low of 5.49 by September 2023, suggesting a period where operating profits were high relative to the share price. However, from December 2024 to September 2025, the ratio expanded from 7.03 to 15.24. This expansion indicates that the market valuation increased while the underlying operating profits were diminishing. For the final three quarters of the period, the P/OP ratio is no longer applicable as operating profits became negative.
In summary, the data indicates a disconnect between investor sentiment and operational reality. The rise in share price toward the end of the period occurred despite a collapse in operating profit per share, leading to an inflated P/OP ratio before the metric ceased to be meaningful due to operational losses.
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Price to Sales (P/S)
Ford Motor Co., historical P/S calculation (quarterly data)
| Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 3,987,595,667 | 3,984,692,630 | 3,989,475,225 | 3,984,498,566 | 3,979,860,297 | 3,976,548,845 | 3,963,447,704 | 3,974,288,593 | 3,975,249,685 | 3,992,337,157 | 3,973,633,108 | 4,002,954,437 | 4,002,225,602 | 4,000,770,326 | 3,986,181,861 | 4,020,494,099 | 4,020,237,518 | 4,019,765,355 | ||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||
| Company revenues excluding Ford Credit (in millions) | 44,891) | 39,819) | 42,446) | 47,185) | 46,943) | 37,422) | 44,936) | 43,069) | 44,811) | 39,890) | 43,213) | 41,176) | 42,427) | 39,085) | 41,745) | 37,205) | 37,934) | 32,195) | ||||||
| Sales per share2 | 43.72 | 44.27 | 43.61 | 44.29 | 43.31 | 42.81 | 43.57 | 43.02 | 42.54 | 41.76 | 41.75 | 41.08 | 40.09 | 38.98 | 37.40 | 35.48 | 34.50 | 31.07 | ||||||
| Share price1, 3 | 15.28 | 12.08 | 13.85 | 13.84 | 11.07 | 10.44 | 9.26 | 10.41 | 11.16 | 13.04 | 12.80 | 9.96 | 13.26 | 11.79 | 13.23 | 13.00 | 14.00 | 14.62 | ||||||
| Valuation Ratio | ||||||||||||||||||||||||
| P/S ratio4 | 0.35 | 0.27 | 0.32 | 0.31 | 0.26 | 0.24 | 0.21 | 0.24 | 0.26 | 0.31 | 0.31 | 0.24 | 0.33 | 0.30 | 0.35 | 0.37 | 0.41 | 0.47 | ||||||
| Benchmarks | ||||||||||||||||||||||||
| P/S Ratio, Competitors5 | ||||||||||||||||||||||||
| General Motors Co. | 0.41 | 0.43 | 0.46 | 0.36 | 0.27 | 0.25 | 0.29 | 0.35 | 0.32 | 0.32 | 0.28 | 0.25 | 0.33 | 0.31 | 0.38 | 0.39 | 0.41 | 0.48 | ||||||
| Tesla Inc. | 12.19 | 14.34 | 16.48 | 15.61 | 10.62 | 8.44 | 13.18 | 8.61 | 7.24 | 5.46 | 6.28 | 7.03 | 9.08 | 5.99 | 6.73 | 8.91 | 12.52 | 16.63 | ||||||
Based on: 10-Q (reporting date: 2026-06-30), 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31).
1 Data adjusted for splits and stock dividends.
2 Q2 2026 Calculation
Sales per share
= (Company revenues excluding Ford CreditQ2 2026
+ Company revenues excluding Ford CreditQ1 2026
+ Company revenues excluding Ford CreditQ4 2025
+ Company revenues excluding Ford CreditQ3 2025)
÷ No. shares of common stock outstanding
= (44,891,000,000 + 39,819,000,000 + 42,446,000,000 + 47,185,000,000)
÷ 3,987,595,667 = 43.72
3 Closing price as at the filing date of Ford Motor Co. Quarterly or Annual Report.
4 Q2 2026 Calculation
P/S ratio = Share price ÷ Sales per share
= 15.28 ÷ 43.72 = 0.35
5 Click competitor name to see calculations.
The Price-to-Sales (P/S) ratio exhibits a general downward trajectory from March 2022 through December 2024, followed by a moderate recovery phase through June 2026. The ratio declined from a peak of 0.47 to a period low of 0.21, signaling a contraction in market valuation relative to revenue generation before stabilizing and trending upward in the final six quarters of the observed period.
- Revenue Performance per Share
- A consistent and steady increase in sales per share is observed throughout the entire period. From March 31, 2022, where sales per share stood at 31.07 US$, the figure grew systematically to 43.72 US$ by June 30, 2026. This upward trend indicates a sustained growth in top-line productivity per outstanding share, independent of market price fluctuations.
- Share Price Volatility
- The share price demonstrates significant volatility, characterized by a prolonged decline followed by a sharp recovery. After starting at 14.62 US$ in March 2022, the price reached a nadir of 9.26 US$ in December 2024. A subsequent bullish trend emerged, with the price ascending to 15.28 US$ by June 30, 2026, marking the highest value in the recorded series.
- P/S Ratio Correlation
- The P/S ratio's movement was primarily driven by the divergence between rising sales and falling share prices during the 2022–2024 window. Despite the improvement in sales per share, the P/S ratio compressed as the market price declined, reaching its lowest point of 0.21 in December 2024. The recovery of the P/S ratio to 0.35 by June 2026 is attributed to the rebound in share price, while sales per share remained relatively plateaued between 42.81 US$ and 44.29 US$ during that same interval.
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Price to Book Value (P/BV)
Ford Motor Co., historical P/BV calculation (quarterly data)
| Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 3,987,595,667 | 3,984,692,630 | 3,989,475,225 | 3,984,498,566 | 3,979,860,297 | 3,976,548,845 | 3,963,447,704 | 3,974,288,593 | 3,975,249,685 | 3,992,337,157 | 3,973,633,108 | 4,002,954,437 | 4,002,225,602 | 4,000,770,326 | 3,986,181,861 | 4,020,494,099 | 4,020,237,518 | 4,019,765,355 | ||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||
| Equity attributable to Ford Motor Company (in millions) | 35,719) | 37,453) | 35,952) | 47,392) | 45,057) | 44,635) | 44,835) | 44,315) | 43,567) | 42,870) | 42,773) | 44,263) | 43,677) | 42,366) | 43,242) | 42,125) | 44,169) | 44,985) | ||||||
| Book value per share (BVPS)2 | 8.96 | 9.40 | 9.01 | 11.89 | 11.32 | 11.22 | 11.31 | 11.15 | 10.96 | 10.74 | 10.76 | 11.06 | 10.91 | 10.59 | 10.85 | 10.48 | 10.99 | 11.19 | ||||||
| Share price1, 3 | 15.28 | 12.08 | 13.85 | 13.84 | 11.07 | 10.44 | 9.26 | 10.41 | 11.16 | 13.04 | 12.80 | 9.96 | 13.26 | 11.79 | 13.23 | 13.00 | 14.00 | 14.62 | ||||||
| Valuation Ratio | ||||||||||||||||||||||||
| P/BV ratio4 | 1.71 | 1.29 | 1.54 | 1.16 | 0.98 | 0.93 | 0.82 | 0.93 | 1.02 | 1.21 | 1.19 | 0.90 | 1.22 | 1.11 | 1.22 | 1.24 | 1.27 | 1.31 | ||||||
| Benchmarks | ||||||||||||||||||||||||
| P/BV Ratio, Competitors5 | ||||||||||||||||||||||||
| General Motors Co. | 1.13 | 1.14 | 1.28 | 0.94 | 0.70 | 0.67 | 0.79 | 0.83 | 0.76 | 0.77 | 0.69 | 0.53 | 0.73 | 0.65 | 0.81 | 0.81 | 0.76 | 0.91 | ||||||
| Tesla Inc. | 14.54 | 16.69 | 19.03 | 18.67 | 12.74 | 10.82 | 17.66 | 11.96 | 10.38 | 8.03 | 9.71 | 12.61 | 16.70 | 10.72 | 12.26 | 16.74 | 23.12 | 30.33 | ||||||
Based on: 10-Q (reporting date: 2026-06-30), 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31).
1 Data adjusted for splits and stock dividends.
2 Q2 2026 Calculation
BVPS = Equity attributable to Ford Motor Company ÷ No. shares of common stock outstanding
= 35,719,000,000 ÷ 3,987,595,667 = 8.96
3 Closing price as at the filing date of Ford Motor Co. Quarterly or Annual Report.
4 Q2 2026 Calculation
P/BV ratio = Share price ÷ BVPS
= 15.28 ÷ 8.96 = 1.71
5 Click competitor name to see calculations.
The Price to Book Value (P/BV) ratio exhibited a general downward trend from March 2022 through December 2024, reaching a period low of 0.82. This contraction indicates a period where the market valued the company at a discount to its accounting book value. However, a significant reversal occurred starting in 2025, with the ratio climbing to a peak of 1.71 by June 2026.
- Share Price Dynamics
- The share price demonstrated considerable volatility, fluctuating between a low of 9.26 US$ in December 2024 and a high of 15.28 US$ in June 2026. The sharp increase in the share price during 2026 served as the primary driver behind the expansion of the P/BV ratio during the final quarters of the analysis.
- Book Value per Share (BVPS) Trends
- BVPS remained relatively stable, ranging between 10.48 US$ and 11.89 US$ for the majority of the observation period. A notable shift occurred in December 2025, where BVPS dropped to 9.01 US$ and further declined to 8.96 US$ by June 2026. This reduction in the book value per share accelerated the increase of the P/BV ratio, as the denominator decreased while the share price increased.
- Valuation Ratio Interpretation
- The P/BV ratio spent a significant portion of 2023 and 2024 hovering around or below the 1.00 mark, suggesting a market valuation that did not exceed the company's net asset value. The subsequent surge to 1.71 by June 2026 represents a substantial shift in market sentiment, resulting in a premium valuation relative to the accounting book value.
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