UPS (United Parcel Service) PB Ratio: 5.89 (As of Jun. 26, 2026) — 66% Below Median


UPS United Parcel Service Inc UPS
76 GF Score
Price $109.31
GF Value $128.03
Valuation Modestly Undervalued
! 9 Warning Signs
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What is United Parcel Service PB Ratio?

United Parcel Service UPS +2.99% 76 PB Ratio is 5.89 as of Jun. 26, 2026, which is 66% below its 10-year median of 17.57. GuruFocus rates UPS with a GF Score™ of 76/100 and a GF Value™ of $128.03 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 970 Transportation companies, United Parcel Service ranks worse than 93.92% 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), United Parcel Service's share price is $109.31. United Parcel Service's Book Value per Share for the quarter that ended in Mar. 2026 was $18.56. Hence, United Parcel Service's PB Ratio of today is 5.89.

Warning Sign:

United Parcel Service Inc stock PB Ratio (=5.89) is close to 1-year high of 6.24.

The historical rank and industry rank for United Parcel Service's PB Ratio or its related term are showing as below:

UPS' s PB Ratio Range Over the Past 10 Years
Min: 4.44   Med: 17.57   Max: 253.41
Current: 5.89

During the past 13 years, United Parcel Service's highest PB Ratio was 253.41. The lowest was 4.44. And the median was 17.57.

UPS's PB Ratio is ranked worse than
93.92% of 970 companies
in the Transportation industry
Industry Median: 1.25 vs UPS: 5.89

During the past 12 months, United Parcel Service's average Book Value Per Share Growth Rate was 0.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 60.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 41.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of United Parcel Service was 198.80% per year. The lowest was -59.50% per year. And the median was -0.70% per year.

Back to Basics: PB Ratio


United Parcel Service  (NYSE:UPS) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


United Parcel Service PB Ratio Related Terms


United Parcel Service PB Ratio Historical Data

* Premium members only.

The historical data trend for United Parcel Service'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.

United Parcel Service PB Ratio Chart

United Parcel Service Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.08 7.55 7.76 6.44 5.19

United Parcel Service Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio 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 5.95 5.43 4.48 5.19 5.30

UPS vs FDX, JBHT, FDXFw: PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, United Parcel Service'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.


United Parcel Service PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, United Parcel Service's PB Ratio distribution charts can be found below:

* The bar in red indicates where United Parcel Service's PB Ratio falls into.


UPS
76GF Score
United Parcel Service Inc UPS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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United Parcel Service PB Ratio Calculation

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.

United Parcel Service's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=109.31/18.555
=5.89

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 5.89 mean?
United Parcel Service (UPS) has a PB Ratio of 5.89 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 United Parcel Service and its competitors. This is 66% below median its historical median of 17.57. Over the past decade, United Parcel Service's PB Ratio has ranged from 4.44 to 253.41. According to the industry distribution chart, United Parcel Service ranks #911 out of 970 companies in the Transportation industry, placing it in the top 93.9%.
Is United Parcel Service's PB Ratio too high?
United Parcel Service's current PB Ratio of 5.89 is 66% below median its 10-year median of 17.57. Over the past 10 years, this metric has ranged from a low of 4.44 to a high of 253.41. The Transportation industry median PB Ratio is 1.25. United Parcel Service's value of 5.89 is 371.2% above this industry median. Based on the distribution chart, United Parcel Service ranks #911 out of 970 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, United Parcel Service has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Parcel Service's PB Ratio compare to FDX and JBHT?
According to the Transportation industry distribution chart, United Parcel Service ranks #911 out of 970 companies for PB Ratio. This places United Parcel Service in the lower half of its industry. The industry median PB Ratio is 1.25. United Parcel Service's value of 5.89 is 371.2% above this benchmark. Historically, United Parcel Service's own PB Ratio has ranged from 4.44 to 253.41 over the past decade. While the company's 10-year median is 17.57 vs. the industry median of 1.25, United Parcel Service 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 Transportation company?
The median PB Ratio among Transportation companies is 1.25, based on 970 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. United Parcel Service's current PB Ratio of 5.89 is 371.2% 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 United Parcel Service and its competitors. For the Transportation industry, the median PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Parcel Service's current PB Ratio is 5.89, which is 66% below median its own 10-year median of 17.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Parcel Service stock overvalued right now?
Based on GuruFocus' analysis, United Parcel Service (UPS) is currently considered Modestly Undervalued. The stock's GF Value™ is $128.03, compared to a current price of $109.31 — trading 14.6% below its estimated fair value. The current PB Ratio is 5.89, which is 66% below median its 10-year median of 17.57 and 371.2% above the Transportation industry median of 1.25. United Parcel Service's overall GF Score™ is 76/100 with 9 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 United Parcel Service (UPS), the current PB Ratio is 5.89 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 United Parcel Service (UPS) Overvalued in 2026?

Based on GuruFocus' analysis, United Parcel Service stock appears to be undervalued. The current stock price of $109.31 is trading 14.6% below its estimated GF Value™ of $128.03. GuruFocus considers United Parcel Service to be Modestly Undervalued.

Key valuation signals for UPS:

  • PB Ratio: 5.89 (66% below median its 10-year median of 17.57)
  • GF Value™: $128.03 vs. price of $109.31 (14.6% below fair value)
  • GF Score™: 76/100 with 9 warning signs
  • Industry Position: 371.2% above the Transportation median (#911 of 970)

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


United Parcel Service Business Description

Address 55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, USA, 30328
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 22 million packages per day to residences and businesses across the globe. UPS' domestic US package operations generate around 65% of total revenue, while international package makes up 20%. Air and ocean freight forwarding and contract logistics make up the remainder.
76GF Score

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

$109.31
Price
$128.03
GF Value