The latest data point for TXN's P/B Ratio in Q1'26 stands at 10.52, reflecting a moderate decline from the previous quarter's peak of 12.35 in Q4'25, yet remaining above the series average and indicating sustained valuation strength relative to book value. Over the period from Q2'23 to Q1'26, the P/B Ratio exhibits volatility with an overall upward trend, starting at 10.03 and reaching a high of 12.35 in Q4'25 before the recent pullback; notable declines occurred in Q3'23 to 7.74 and Q1'25 to 8.98, followed by recoveries that highlight resilience amid market fluctuations, while the area chart underscores periods of accelerated growth in mid-2024 and late 2025.