International Business Machines (XSWX:IBM) Book Value per Share: CHF27.62 (As of Mar. 2026)


XSWX:IBM International Business Machines Corp XSWX:IBM
69 GF Score
Price CHF230.15
GF Value CHF187.83
Valuation Modestly Overvalued
! 3 Warning Signs
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What is International Business Machines Book Value per Share?

International Business Machines XSWX:IBM 69 Book Value per Share is CHF27.62 as of Mar. 2026. GuruFocus rates XSWX:IBM with a GF Score™ of 69/100 and a GF Value™ of CHF187.83 (Modestly Overvalued). The stock has 3 warning signs investors should review.

International Business Machines's book value per share for the quarter that ended in Mar. 2026 was CHF27.62.

During the past 12 months, International Business Machines's average Book Value Per Share Growth Rate was 21.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of International Business Machines was 19.90% per year. The lowest was -24.60% per year. And the median was 3.80% per year.

International Business Machines's current price is CHF230.15. Its book value per share for the quarter that ended in Mar. 2026 was CHF27.62. Hence, today's PB Ratio of International Business Machines is 8.33.

During the past 13 years, the highest P/B Ratio of International Business Machines was 10.36. The lowest was 3.88. And the median was 6.74.


International Business Machines  (XSWX:IBM) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


International Business Machines Book Value per Share Related Terms


International Business Machines Book Value per Share Historical Data

* Premium members only.

The historical data trend for International Business Machines's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

International Business Machines Book Value per Share Chart

International Business Machines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.38 22.56 21.30 26.28 27.77

International Business Machines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.56 24.02 23.77 27.77 27.62

XSWX:IBM vs ACN, FISV, FIS: Book Value per Share Comparison

For the Information Technology Services subindustry, International Business Machines's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


International Business Machines PB Ratio vs Software Industry

For the Software industry and Technology sector, International Business Machines's PB Ratio distribution charts can be found below:

* The bar in red indicates where International Business Machines's PB Ratio falls into.


XSWX:IBM
69GF Score
International Business Machines Corp XSWX:IBM
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Business Machines Book Value per Share Calculation

International Business Machines's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(26,017-0)/937
=27.77

International Business Machines's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(25,960-0)/940
=27.62

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of CHF27.62 mean?
International Business Machines (XSWX:IBM) has a Book Value per Share of CHF27.62 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on International Business Machines and its competitors.
Is International Business Machines' Book Value per Share too high?
International Business Machines' current Book Value per Share is CHF27.62. Overall, International Business Machines has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Business Machines' Book Value per Share compare to ACN and FISV?
International Business Machines' Book Value per Share of CHF27.62 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Software company?
A good Book Value per Share depends on the Software industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on International Business Machines and its competitors. International Business Machines's current Book Value per Share is CHF27.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Business Machines stock overvalued right now?
Based on GuruFocus' analysis, International Business Machines (XSWX:IBM) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF187.83, compared to a current price of CHF230.15 — trading 22.5% above its estimated fair value. The current Book Value per Share is CHF27.62. International Business Machines' overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For International Business Machines (XSWX:IBM), the current Book Value per Share is CHF27.62 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is International Business Machines (XSWX:IBM) Overvalued in 2026?

Based on GuruFocus' analysis, International Business Machines stock appears to be overvalued. The current stock price of CHF230.15 is trading 22.5% above its estimated GF Value™ of CHF187.83. GuruFocus considers International Business Machines to be Modestly Overvalued.

Key valuation signals for XSWX:IBM:

  • Book Value per Share: CHF27.62
  • GF Value™: CHF187.83 vs. price of CHF230.15 (22.5% above fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the XSWX:IBM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


International Business Machines Business Description

Address One New Orchard Road, Armonk, NY, USA, 10504
Incorporated in 1911, International Business Machines, or IBM, is one of the oldest technology companies in the world. It provides software, IT consulting services, and hardware to help business customers modernize their technology workflows. IBM operates in 175 countries and employs approximately 300,000 people. The company has a robust roster of business partners to service its clients, which includes 95% of all Fortune 500 companies. IBM's products, including Red Hat, watsonx, and mainframes, handle some of the world's most important data workloads in areas like finance and retail.
69GF Score

Get the complete analysis for XSWX:IBM

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF230.15
Price
CHF187.83
GF Value