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Price / book at other companies

Caterpillar logo
CaterpillarCAT
12.6×+3.6×
JPMorgan Chase logo
JPMorgan ChaseJPM
2.2×+0.2×
U.S. Bancorp logo
U.S. BancorpUSB
1.2×+0.1×
Bank of America logo
Bank of AmericaBAC
1.2×+0.1×
Truist Financial logo
Truist FinancialTFC
0.9×
PNC Financial Services logo
PNC Financial ServicesPNC
1.3×+0.1×

Other financials

Income statement

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Revenue$21.4B+6.4%
Net income$5.3B+7.3%
EPS (diluted)$1.60+15.1%

Balance sheet

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Cash & equivalents$173.27B-1.7%
Total debt$220.37B-30.7%
Total equity$178.40B-1.5%
Total assets$2.21T+13.1%

Cash flow

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Operating cash flow$9.1B+183%

Valuation

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Market cap$256.47B+4.4%
Enterprise value$303.57B-22.4%
P/E11.8×-0.5×
P/S0.0×

Profitability

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Net margin25.5%+1.0pp

Returns & leverage

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Return on equity12.1%+1.0pp
Debt / equity1.2×-0.5×

Where this comes from

Calculated from Wells Fargo & Company’s reported figures.

Based on the most recent quarter.

The official record: Wells Fargo & Company’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wells Fargo & Company's price / book?
Wells Fargo & Company (WFC) reported price / book of 1.4× in Q1 2026.
How has Wells Fargo & Company's price / book changed year-over-year?
Wells Fargo & Company's price / book increased by 6.0% year-over-year, from 1.3× to 1.4×.
What is the long-term trend for Wells Fargo & Company's price / book?
Over 4 years (2021 to 2025), Wells Fargo & Company's price / book has grown at a 11.3% compound annual growth rate (CAGR), from 3.8× to 5.8×.
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.