Novanta Inc (NOVTU) stock
NOVTUNasdaqMiscellaneous Electrical Machinery, Equipment & SuppliesFiscal year ends December 31Also trades as NOVT
Financials through Q2 FY2026, quarter ended Jul 3, 2026Last filing: 10-Q on Aug 5, 2026Score 11/3028% above fair value
$60.95+0.20 (+0.33%)
Close on Nov 2, 2026Market cap $5.53BP/E 93.7Yield –
Novanta price to book ratio
The price-to-book ratio is market cap divided by shareholders' equity.
Novanta's price to book ratio was 3.1× on Oct 19, 2026, against 5.7× a year earlier. Over the last 5 years it ranged from 3.1× to 12.6×, with a median of 8.3×.
Price to Book Ratio at the end of each year
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| 2026 | Oct 19, 2026 | 3.1× | −2.2 |
| 2025 | Dec 31, 2025 | 5.3× | −2.1 |
| 2024 | Dec 31, 2024 | 7.4× | −2.0 |
| 2023 | Dec 29, 2023 | 9.4× | +0.4 |
| 2022 | Dec 30, 2022 | 8.9× | −3.6 |
| 2021 | Dec 31, 2021 | 12.6× | +3.3 |
| 2020 | Dec 31, 2020 | 9.2× | +1.5 |
| 2019 | Dec 31, 2019 | 7.7× | +1.6 |
| 2018 | Dec 31, 2018 | 6.1× | +0.5 |
| 2017 | Dec 29, 2017 | 5.6× | +2.8 |
| 2016 | Dec 30, 2016 | 2.8× | +0.9 |
| 2015 | Dec 31, 2015 | 1.9× | −0.1 |
| 2014 | Dec 31, 2014 | 2.0× | +0.4 |
| 2013 | Dec 31, 2013 | 1.6× | +0.3 |
| 2012 | Dec 31, 2012 | 1.3× | −0.3 |
| 2011 | Dec 30, 2011 | 1.6× | – |