Texas Instruments Inc P/B Ratio
Data as of October 02, 2026
P/B Ratio
15.68
Stock Price
$281.31
Book Value/Share
$17.94
Sector
Semiconductors
How It's Calculated
15.68 = $281.31 ÷ $17.94
What This Means
Texas Instruments Inc's P/B ratio of 15.68 is above 6. Asset-light business models and unrecognized intangible assets can make book value a limited denominator; the multiple alone does not determine fair value.
About Texas Instruments Inc
Texas Instruments Inc (TXN) operates in the Semiconductors sector, specifically in Semiconductors. With a market capitalization of about $254.40B, it ranks as a mega-cap stock — one of the largest publicly traded companies.
Shares recently traded near $281.31, within a 52-week range of $152.73 to $334.03 (-15.8% from the high, +84.2% from the low). Beta of 1.41 suggests the stock has been more volatile than the broader market.
Trailing profit margin is about 31.1%, signaling a strong profit margin relative to many peers.
Understanding This Metric
The price-to-book ratio compares market price to net asset value per share. For Texas Instruments Inc, P/B is especially useful when earnings are volatile or temporarily depressed. In Semiconductors, asset-heavy business models often anchor closer to book value, while asset-light models may trade far above book.
Sector Comparison
Among Semiconductors names on our S&P 100 coverage, Texas Instruments Inc's P/B ratio of 15.68 can be compared with peers such as NVDA (35.67), AVGO (20.04), MU (22.73). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Semiconductors stocks.
Key Takeaways
- TXN is grouped in the Semiconductors sector for peer comparisons.
- Recent beta of 1.41 suggests higher-than-market price sensitivity.
- Trailing profit margin of 31.1% 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 TXN.
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Frequently Asked Questions
What does TXN's price-to-book ratio indicate?
P/B compares share price to book value per share. Texas Instruments Inc's P/B of 15.68 reflects how the market prices net assets — especially relevant for asset-heavy Semiconductors business models.
Is 15.68 above or below book value?
A P/B above 1.0 (15.68) means the market values TXN above accounting book value — often due to brands, growth, or intangible assets.
How does P/B compare within Semiconductors?
Peer P/B levels in Semiconductors (e.g. NVDA (35.67), LRCX (34.12), MU (22.73)) provide context; asset-light vs asset-heavy models differ materially.
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