Morgan Stanley P/B Ratio
Data as of August 04, 2026
P/B Ratio
3.00
Stock Price
$211.23
Book Value/Share
$70.53
Sector
Financial Services
How It's Calculated
3.00 = $211.23 ÷ $70.53
What This Means
Morgan Stanley's P/B ratio of 3.00 is between 1 and 3. This descriptive range does not establish fair value because economically comparable P/B levels vary by sector, profitability, leverage, accounting policy, and asset composition.
About Morgan Stanley
Morgan Stanley (MS) operates in the Financial Services sector, specifically in Financial Services. With a market capitalization of about $331.89B, it ranks as a mega-cap stock — one of the largest publicly traded companies.
Shares recently traded near $211.23, within a 52-week range of $136.17 to $232.25 (-9.1% from the high, +55.1% from the low). Beta of 1.22 suggests the stock has been more volatile than the broader market.
Trailing profit margin is about 15.7%, signaling a solid profit margin for its industry.
Understanding This Metric
The price-to-book ratio compares market price to net asset value per share. For Morgan Stanley, P/B is especially useful when earnings are volatile or temporarily depressed. In Financial Services, asset-heavy business models often anchor closer to book value, while asset-light models may trade far above book.
Sector Comparison
Among Financial Services names on our S&P 100 coverage, Morgan Stanley's P/B ratio of 3.00 can be compared with peers such as BRK-B (0.00), V (18.48), MA (65.97). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Financial Services stocks.
Key Takeaways
- MS is grouped in the Financial Services sector for peer comparisons.
- Recent beta of 1.22 suggests higher-than-market price sensitivity.
- Trailing profit margin of 15.7% provides context for how much earnings support the headline multiple.
Related Tools & Guides
Explore calculators and guides connected to this metric, or view all metrics for MS.
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Frequently Asked Questions
What does MS's price-to-book ratio indicate?
P/B compares share price to book value per share. Morgan Stanley's P/B of 3.00 reflects how the market prices net assets — especially relevant for asset-heavy Financial Services business models.
Is 3.00 above or below book value?
A P/B above 1.0 (3.00) means the market values MS above accounting book value — often due to brands, growth, or intangible assets.
How does P/B compare within Financial Services?
Peer P/B levels in Financial Services (e.g. MA (65.97), V (18.48), AXP (7.06)) provide context; asset-light vs asset-heavy models differ materially.
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