As of Q2'26 (2025-12-31), Procter & Gamble's (PG) price-to-book (P/B) ratio stands at 6.52, reflecting a continued decrease from the previous quarter. This latest data point marks the lowest P/B ratio observed in the period covered by the chart. From Q3'23 to Q2'26, the P/B ratio has shown a clear downward trend, declining from 8.15 to 6.52. While there were minor fluctuations—such as a brief uptick to 7.87 in Q4'24—the overall pattern is one of gradual decline, indicating a potential shift in market valuation relative to the company's book value over the last three years.