TrimbleMEX:TRMB 84 PB Ratio is 2.69 as of Jun. 26, 2026, which is 22% below its 10-year median of 3.43. GuruFocus rates MEX:TRMB with a GF Score™ of 84/100 and a GF Value™ of MXN1,509.15. The stock has 3 warning signs investors should review. Among 2,413 Hardware companies, Trimble ranks better than 55.41% 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 (2026-06-26), Trimble's share price is MXN1163.70. Trimble's Book Value per Share for the quarter that ended in Mar. 2026 was MXN432.57. Hence, Trimble's PB Ratio of today is 2.69.
Good Sign:
Trimble Inc stock PB Ratio (=2.1) is close to 10-year low of 2.05.
The historical rank and industry rank for Trimble's PB Ratio or its related term are showing as below:
MEX:TRMB'
s PB Ratio Range Over the Past 10 Years
Min: 2.05 Med: 3.43 Max: 6.27
Current: 2.1
During the past 13 years, Trimble's highest PB Ratio was 6.27. The lowest was 2.05. And the median was 3.43.
MEX:TRMB's PB Ratio is ranked better than 55.41% of 2413
companies
in the Hardware industry
Industry Median: 2.4
vs MEX:TRMB: 2.10
During the past 12 months, Trimble's average Book Value Per Share Growth Rate was 5.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Trimble was 219.50% per year. The lowest was -17.60% per year. And the median was 13.90% 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.
Trimble PB Ratio Related Terms
Trimble PB Ratio Historical Data
* Premium members only.
The historical data trend for Trimble'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 Scientific & Technical Instruments subindustry, Trimble'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.
Trimble PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Trimble's PB Ratio distribution charts can be found below:
* The bar in red indicates where Trimble'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.
Trimble's PB Ratio for today is calculated as follows:
* 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.
Trimble (MEX:TRMB) has a PB Ratio of 2.69 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Trimble and its competitors. This is 22% below median its historical median of 3.43. Over the past decade, Trimble's PB Ratio has ranged from 2.05 to 6.27. According to the industry distribution chart, Trimble ranks #1076 out of 2413 companies in the Hardware industry, placing it in the top 44.6%.
Is Trimble's PB Ratio too high?
Trimble's current PB Ratio of 2.69 is 22% below median its 10-year median of 3.43. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 6.27. The Hardware industry median PB Ratio is 2.40. Trimble's value of 2.69 is 12.1% above this industry median. Based on the distribution chart, Trimble ranks #1076 out of 2413 companies in the Hardware industry, which is above the industry midpoint. Overall, Trimble has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Trimble's PB Ratio compare to CGNX and FTV?
According to the Hardware industry distribution chart, Trimble ranks #1076 out of 2413 companies for PB Ratio. This puts Trimble in the upper half of its industry. The industry median PB Ratio is 2.40. Trimble's value of 2.69 is 12.1% above this benchmark. Historically, Trimble's own PB Ratio has ranged from 2.05 to 6.27 over the past decade. While the company's 10-year median is 3.43 vs. the industry median of 2.40, Trimble 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 Hardware company?
The median PB Ratio among Hardware companies is 2.40, based on 2,413 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. Trimble's current PB Ratio of 2.69 is 12.1% 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 Trimble and its competitors. For the Hardware industry, the median PB Ratio is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trimble's current PB Ratio is 2.69, which is 22% below median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trimble stock overvalued right now?
Trimble (MEX:TRMB) has a current PB Ratio of 2.69. The stock's GF Value™ is MXN1,509.15, compared to a current price of MXN1,163.70 — trading 22.9% below its estimated fair value. The current PB Ratio is 2.69, which is 22% below median its 10-year median of 3.43 and 12.1% above the Hardware industry median of 2.40. Trimble's overall GF Score™ is 84/100 with 3 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 Trimble (MEX:TRMB), the current PB Ratio is 2.69 as of Jun. 26, 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 Trimble (MEX:TRMB) Overvalued in 2026?
Based on GuruFocus' analysis, Trimble stock appears to be undervalued.
The current stock price of MXN1,163.70 is trading 22.9% below its estimated GF Value™ of MXN1,509.15.
Key valuation signals for MEX:TRMB:
PB Ratio: 2.69 (22% below median its 10-year median of 3.43)
GF Value™: MXN1,509.15 vs. price of MXN1,163.70 (22.9% below fair value)
Industry Position: 12.1% above the Hardware median (#1076 of 2413)
No single metric tells the full story. See the MEX:TRMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trimble Inc is a technology solutions provider that enables office and mobile professionals to connect their workflows and asset lifecycles to drive a more productive, sustainable future. The company has three reportable segments: Architects, Engineers, Construction, and Owners (AECO). This segment provides software solutions that sell through a direct channel to customers in the construction industry. Field Systems. This segment provides hardware and associated software solutions that sell through dealer partner channels. Transportation and Logistics (T&L). This segment provides solutions for customers working in long-haul trucking and freight shipping markets.
84GF Score
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