CNH Industrial NVMEX:CNHN 67 PB Ratio is 1.66 as of Jun. 28, 2026, which is 30% below its 10-year median of 2.37. GuruFocus rates MEX:CNHN with a GF Score™ of 67/100 and a GF Value™ of MXN169.79. The stock has 7 warning signs investors should review. Among 201 Farm & Heavy Construction Machinery companies, CNH Industrial NV ranks worse than 61.69% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-28), CNH Industrial NV's share price is MXN187.28. CNH Industrial NV's Book Value per Share for the quarter that ended in Mar. 2026 was MXN113.03. Hence, CNH Industrial NV's PB Ratio of today is 1.66.
The historical rank and industry rank for CNH Industrial NV's PB Ratio or its related term are showing as below:
MEX:CNHN'
s PB Ratio Range Over the Past 10 Years
Min: 1.1 Med: 2.37 Max: 4.25
Current: 1.76
During the past 13 years, CNH Industrial NV's highest PB Ratio was 4.25. The lowest was 1.10. And the median was 2.37.
MEX:CNHN's PB Ratio is ranked worse than 61.69% of 201
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.5
vs MEX:CNHN: 1.76
During the past 12 months, CNH Industrial NV's average Book Value Per Share Growth Rate was -0.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CNH Industrial NV was 19.70% per year. The lowest was -5.20% per year. And the median was 6.50% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
CNH Industrial NV PB Ratio Related Terms
CNH Industrial NV PB Ratio Historical Data
* Premium members only.
The historical data trend for CNH Industrial NV's PB Ratio 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.
For the Farm & Heavy Construction Machinery subindustry, CNH Industrial NV'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.
CNH Industrial NV PB Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, CNH Industrial NV's PB Ratio distribution charts can be found below:
* The bar in red indicates where CNH Industrial NV's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
CNH Industrial NV (MEX:CNHN) has a PB Ratio of 1.66 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CNH Industrial NV and its competitors. This is 30% below median its historical median of 2.37. Over the past decade, CNH Industrial NV's PB Ratio has ranged from 1.10 to 4.25. According to the industry distribution chart, CNH Industrial NV ranks #124 out of 201 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 61.7%.
Is CNH Industrial NV's PB Ratio too high?
CNH Industrial NV's current PB Ratio of 1.66 is 30% below median its 10-year median of 2.37. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 4.25. The Farm & Heavy Construction Machinery industry median PB Ratio is 1.50. CNH Industrial NV's value of 1.66 is 10.7% above this industry median. Based on the distribution chart, CNH Industrial NV ranks #124 out of 201 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, CNH Industrial NV has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does CNH Industrial NV's PB Ratio compare to AGCO and OSK?
According to the Farm & Heavy Construction Machinery industry distribution chart, CNH Industrial NV ranks #124 out of 201 companies for PB Ratio. This places CNH Industrial NV in the lower half of its industry. The industry median PB Ratio is 1.50. CNH Industrial NV's value of 1.66 is 10.7% above this benchmark. Historically, CNH Industrial NV's own PB Ratio has ranged from 1.10 to 4.25 over the past decade. While the company's 10-year median is 2.37 vs. the industry median of 1.50, CNH Industrial NV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Farm & Heavy Construction Machinery company?
The median PB Ratio among Farm & Heavy Construction Machinery companies is 1.50, based on 201 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CNH Industrial NV's current PB Ratio of 1.66 is 10.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CNH Industrial NV and its competitors. For the Farm & Heavy Construction Machinery industry, the median PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CNH Industrial NV's current PB Ratio is 1.66, which is 30% below median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNH Industrial NV stock overvalued right now?
CNH Industrial NV (MEX:CNHN) has a current PB Ratio of 1.66. The stock's GF Value™ is MXN169.79, compared to a current price of MXN187.28 — trading 10.3% above its estimated fair value. The current PB Ratio is 1.66, which is 30% below median its 10-year median of 2.37 and 10.7% above the Farm & Heavy Construction Machinery industry median of 1.50. CNH Industrial NV's overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For CNH Industrial NV (MEX:CNHN), the current PB Ratio is 1.66 as of Jun. 28, 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 CNH Industrial NV (MEX:CNHN) Overvalued in 2026?
Based on GuruFocus' analysis, CNH Industrial NV stock appears to be overvalued.
The current stock price of MXN187.28 is trading 10.3% above its estimated GF Value™ of MXN169.79.
Key valuation signals for MEX:CNHN:
PB Ratio: 1.66 (30% below median its 10-year median of 2.37)
GF Value™: MXN169.79 vs. price of MXN187.28 (10.3% above fair value)
Industry Position: 10.7% above the Farm & Heavy Construction Machinery median (#124 of 201)
No single metric tells the full story. See the MEX:CNHN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CNH Industrial is the world's second largest manufacturer of agricultural machinery (82% of industrial net sales) as well as a major player in construction equipment (18% of industrial net sales). Its Case and New Holland brands have served farmers for generations. Geographically, agricultural sales are 40% in North America, 32% in Europe, the Middle East, and Africa, 18% in South America, and 10% in Asia-Pacific. CNH's products are available through a robust independent dealer network, which includes over 2,600 dealer and distribution locations and reach into 164 countries. The construction business leverages over 400 dealers. The company's captive finance arm provides retail financing to its customers and wholesale financing to dealers to maintain inventory, thereby supporting sales.
67GF Score
Get the complete analysis for MEX:CNHN
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:CNHN has been successfully added to your 
