PB Ratio: 34.24

Basis: FMP quote market capitalization / book value attributable to common shareholders (matching reported total stockholders equity minus preferred stock). Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/B ratio high or low?

The P/B ratio of 34.24 is 564% above its estimated 5-year average of 5.16, near the high end of its estimated 5-year range (1.10–34.24).

As of 2026-10-06T13:35:21.367Z. 171.82% above its estimated 12-month average of 12.60.

ADPT PB Ratio Metrics

P/B vs. estimated history

At 34.24, P/B is above its estimated 7-year median — higher than 100% of readings in its estimated 7-year history.

Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.

Book Value Analysis

PB Ratio Formula & Definition

PB Ratio = Market Cap / (Total Shareholders' Equity − Preferred Stock)

The price-to-book ratio compares market capitalization to book value attributable to common shareholders (total equity minus preferred stock). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for Adaptive Biotechnologies Corporation (ADPT)?

The P/B ratio for ADPT stock is 34.24.

Is Adaptive Biotechnologies Corporation's P/B ratio high or low?

The P/B ratio of 34.24 is 564% above its estimated 5-year average of 5.16, near the high end of its estimated 5-year range (1.10–34.24).

What is the estimated TTM average P/B ratio for Adaptive Biotechnologies Corporation (ADPT)?

The estimated TTM average P/B ratio for ADPT stock is 12.60.

What is the estimated 3Y average P/B ratio for Adaptive Biotechnologies Corporation (ADPT)?

The estimated 3Y average P/B ratio for ADPT stock is 6.68.

What is the estimated 5Y average P/B ratio for Adaptive Biotechnologies Corporation (ADPT)?

The estimated 5Y average P/B ratio for ADPT stock is 5.16.

Showing the most recent 260 of 1,731 data points. The chart above shows the full history.

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