Motorola SolutionsMSI +2.87%94 PB Ratio is 26.17 as of Jun. 24, 2026, which is 61% below its 10-year median of 67.24. GuruFocus rates MSI with a GF Score™ of 94/100 and a GF Value™ of $457.62 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,413 Hardware companies, Motorola Solutions ranks worse than 97.22% on this metric.
Motorola Solutions Inc stock PB Ratio (=25.44) is close to 5-year low of 25.09.
The historical rank and industry rank for Motorola Solutions's PB Ratio or its related term are showing as below:
MSI'
s PB Ratio Range Over the Past 10 Years
Min: 25.09 Med: 67.24 Max: 392.03
Current: 26.17
During the past 13 years, Motorola Solutions's highest PB Ratio was 392.03. The lowest was 25.09. And the median was 67.24.
MSI's PB Ratio is ranked worse than 97.22% of 2413
companies
in the Hardware industry
Industry Median: 2.42
vs MSI: 26.17
During the past 12 months, Motorola Solutions's average Book Value Per Share Growth Rate was 55.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 175.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Motorola Solutions was 175.80% per year. The lowest was -135.20% per year. And the median was 9.40% per year.
Back to Basics: PB Ratio
Motorola Solutions (NYSE:MSI) PB Ratio Explanation
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.
Motorola Solutions PB Ratio Related Terms
Motorola Solutions PB Ratio Historical Data
* Premium members only.
The historical data trend for Motorola Solutions'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 Communication Equipment subindustry, Motorola Solutions'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.
Motorola Solutions PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Motorola Solutions's PB Ratio distribution charts can be found below:
* The bar in red indicates where Motorola Solutions'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.
Motorola Solutions (MSI) has a PB Ratio of 26.17 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Motorola Solutions and its competitors. This is 61% below median its historical median of 67.24. Over the past decade, Motorola Solutions' PB Ratio has ranged from 25.09 to 392.03. According to the industry distribution chart, Motorola Solutions ranks #2346 out of 2413 companies in the Hardware industry, placing it in the top 97.2%.
Is Motorola Solutions' PB Ratio too high?
Motorola Solutions' current PB Ratio of 26.17 is 61% below median its 10-year median of 67.24. Over the past 10 years, this metric has ranged from a low of 25.09 to a high of 392.03. The Hardware industry median PB Ratio is 2.42. Motorola Solutions' value of 26.17 is 981.4% above this industry median. Based on the distribution chart, Motorola Solutions ranks #2346 out of 2413 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Motorola Solutions has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Motorola Solutions' PB Ratio compare to LITE and HPE?
According to the Hardware industry distribution chart, Motorola Solutions ranks #2346 out of 2413 companies for PB Ratio. This places Motorola Solutions in the lower half of its industry. The industry median PB Ratio is 2.42. Motorola Solutions' value of 26.17 is 981.4% above this benchmark. Historically, Motorola Solutions' own PB Ratio has ranged from 25.09 to 392.03 over the past decade. While the company's 10-year median is 67.24 vs. the industry median of 2.42, Motorola Solutions 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 2.42, 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. Motorola Solutions's current PB Ratio of 26.17 is 981.4% 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 Motorola Solutions and its competitors. For the Hardware industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Motorola Solutions's current PB Ratio is 26.17, which is 61% below median its own 10-year median of 67.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Motorola Solutions stock overvalued right now?
Based on GuruFocus' analysis, Motorola Solutions (MSI) is currently considered Modestly Undervalued. The stock's GF Value™ is $457.62, compared to a current price of $400.60 — trading 12.5% below its estimated fair value. The current PB Ratio is 26.17, which is 61% below median its 10-year median of 67.24 and 981.4% above the Hardware industry median of 2.42. Motorola Solutions' overall GF Score™ is 94/100 with 1 warning sign 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 Motorola Solutions (MSI), the current PB Ratio is 26.17 as of Jun. 24, 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 Motorola Solutions (MSI) Overvalued in 2026?
Based on GuruFocus' analysis, Motorola Solutions stock appears to be undervalued.
The current stock price of $400.60 is trading 12.5% below its estimated GF Value™ of $457.62.
GuruFocus considers Motorola Solutions to be Modestly Undervalued.
Key valuation signals for MSI:
PB Ratio: 26.17 (61% below median its 10-year median of 67.24)
GF Value™: $457.62 vs. price of $400.60 (12.5% below fair value)
Industry Position: 981.4% above the Hardware median (#2346 of 2413)
No single metric tells the full story. See the MSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment, dispatch software, and other networking capabilities. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.
94GF Score
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