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Price / book at other companies

Linde logo
LindeLIN
+0.2×
CF Industries logo
CF IndustriesCF
3.7×+1.0×
IR
Ingersoll RandIR
3.1×0.0×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
2.7×+0.2×
Oneok logo
OneokOKE
2.5×-0.4×
Atmos Energy logo
Atmos EnergyATO
+0.2×

Other financials

Income statement

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Revenue$3.2B+8.8%
Gross profit$987.4M+14.5%
Operating income$752.7M+132%
Net income$710.4M+141%
EPS (diluted)$3.19+141%

Balance sheet

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Cash & equivalents$951.0M-36.2%
Total debt$914.5M-35.2%
Total equity$15.6B+6.4%
Total assets$41.6B+7.1%

Cash flow

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Operating cash flow$1.1B+236%
CapEx$1.1B-41.4%
Free cash flow-$3.9M+99.8%

Valuation

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Market cap$62.74B-1.4%
Enterprise value$62.7B-1.4%
P/E29.8×-11.7×
P/S-0.3×

Profitability

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Gross margin32%0.0pp
Operating margin18.3%+6.0pp
Net margin16.9%+4.1pp

Returns & leverage

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Return on equity13.9%+3.5pp
Debt / equity0.1×0.0×
Current ratio1.4×+0.4×

Where this comes from

Calculated from Air Products and Chemicals’s reported figures.

Based on the most recent quarter.

The official record: Air Products and Chemicals’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Air Products and Chemicals's price / book?
Air Products and Chemicals (APD) reported price / book of 4.1× in Q1 2026.
How has Air Products and Chemicals's price / book changed year-over-year?
Air Products and Chemicals's price / book decreased by 7.4% year-over-year, from 4.5× to 4.1×.
What is the long-term trend for Air Products and Chemicals's price / book?
Over 4 years (2021 to 2025), Air Products and Chemicals's price / book has grown at a -3.3% compound annual growth rate (CAGR), from 18.7× to 16.4×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.