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 3.45 is 35% above its estimated 5-year average of 2.56, around the middle of its estimated 5-year range (0.76–8.38).
As of 2026-10-06T12:50:25.474Z. 1.58% below its estimated 12-month average of 3.51.
Calculation as of: 2026-10-06T12:50:25.474Z.
Quote observation: 2026-10-05T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 14789fd6902706163a088a45532ef693627d333c0933d4febc051f518fb3ed6a
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. Historical series through 2026-10-05.
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.
PB RATIO
3.45
PB RATIO AVG TTM
3.51
PB RATIO AVG 3Y
3.21
PB RATIO AVG 5Y
2.56
PB RATIO AVG 10Y
2.29
PB RATIO AVG 15Y
2.36
PB RATIO AVG 20Y
2.24
CURRENT VS TTM AVG
-1.58%
CURRENT VS 3Y AVG
+7.40%
CURRENT VS 5Y AVG
+34.85%
CURRENT VS 10Y AVG
+50.88%
CURRENT VS 15Y AVG
+46.28%
CURRENT VS 20Y AVG
+53.94%
SECTOR MEDIAN · TECHNOLOGY
4.47
median of 397 covered companies
CURRENT VS SECTOR MEDIAN
-22.82%
vs the sector median at left
Market Cap
$446.61M
PB Ratio
26.63
TTM Avg
29.98
3Y Avg
34.82
5Y Avg
34.82
Market Cap
$354.51M
PB Ratio
2.09
TTM Avg
2.85
3Y Avg
3.68
5Y Avg
4.41
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Allot Ltd. (ALLT) | $411.44M | 3.45 | 3.51 | 3.21 | 2.56 |
| Arqit Quantum Inc. (ARQQ)vs › | $412.09M | 14.46 | 11.08 | 7.60 | 7.24 |
| Gloo Holdings, Inc. (GLOO)vs › | $380.77M | 2.78 | 2.67 | 2.67 | 2.67 |
| PowerFleet, Inc. (AIOT)vs › | $378.52M | 0.78 | 1.14 | 2.39 | 2.39 |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $446.61M | 26.63 | 29.98 | 34.82 | 34.82 |
| Clearfield, Inc. (CLFD)vs › | $450.63M | 1.83 | 1.78 | 1.75 | 3.68 |
| Cerence Inc. (CRNC)vs › | $361.50M | 2.17 | 2.78 | 2.16 | 1.93 |
| i3 Verticals, Inc. (IIIV)vs › | $357.74M | 1.28 | 1.77 | 1.94 | 2.23 |
| International Money Express, Inc. (IMXI)vs › | $354.51M | 2.09 | 2.85 | 3.68 | 4.41 |
| SEALSQ Corp (LAES)vs › | $343.65M | 0.50 | 2.58 | 3.14 | 3.14 |
At 3.45, P/B is above its estimated 20-year median — higher than 79% of readings in its estimated 20-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.
estimated 20-year low
0.51
median
1.88
estimated 20-year high
8.76
P/B Ratio
3.45
Market Price / Book Value per Share
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
| DATE | PB RATIO |
|---|---|
| 2026-10-05 | 3.51 |
| 2026-10-02 | 3.52 |
| 2026-10-01 | 3.51 |
| 2026-09-30 | 3.52 |
| 2026-09-29 | 3.52 |
| 2026-09-28 | 3.56 |
| 2026-09-25 | 3.63 |
| 2026-09-24 | 3.60 |
| 2026-09-23 | 3.54 |
| 2026-09-22 | 3.47 |
| 2026-09-21 | 3.36 |
| 2026-09-18 | 3.34 |
| 2026-09-17 | 3.38 |
| 2026-09-16 | 3.27 |
| 2026-09-15 | 3.37 |
| 2026-09-14 | 3.50 |
| 2026-09-11 | 3.14 |
| 2026-09-10 | 3.12 |
| 2026-09-09 | 3.14 |
| 2026-09-08 | 3.22 |
| 2026-09-04 | 3.19 |
| 2026-09-03 | 3.16 |
| 2026-09-02 | 3.12 |
| 2026-09-01 | 3.16 |
| 2026-08-31 | 3.22 |
| 2026-08-28 | 3.25 |
| 2026-08-27 | 3.31 |
| 2026-08-26 | 3.19 |
| 2026-08-25 | 3.18 |
| 2026-08-24 | 3.15 |
| 2026-08-21 | 3.12 |
| 2026-08-20 | 3.11 |
| 2026-08-19 | 3.21 |
| 2026-08-18 | 3.29 |
| 2026-08-17 | 3.21 |
| 2026-08-14 | 3.27 |
| 2026-08-13 | 3.31 |
| 2026-08-12 | 3.33 |
| 2026-08-11 | 3.47 |
| 2026-08-10 | 3.27 |
| 2026-08-07 | 3.38 |
| 2026-08-06 | 3.29 |
| 2026-08-05 | 3.40 |
| 2026-08-04 | 3.54 |
| 2026-08-03 | 3.41 |
| 2026-07-31 | 3.29 |
| 2026-07-30 | 3.25 |
| 2026-07-29 | 3.20 |
| 2026-07-28 | 3.30 |
| 2026-07-27 | 3.30 |
| 2026-07-24 | 3.31 |
| 2026-07-23 | 3.23 |
| 2026-07-22 | 3.35 |
| 2026-07-21 | 3.50 |
| 2026-07-20 | 3.52 |
| 2026-07-17 | 3.48 |
| 2026-07-16 | 3.61 |
| 2026-07-15 | 3.72 |
| 2026-07-14 | 3.78 |
| 2026-07-13 | 3.62 |
| 2026-07-10 | 3.67 |
| 2026-07-09 | 3.76 |
| 2026-07-08 | 3.69 |
| 2026-07-07 | 3.65 |
| 2026-07-06 | 3.71 |
| 2026-07-02 | 3.65 |
| 2026-07-01 | 3.76 |
| 2026-06-30 | 3.83 |
| 2026-06-29 | 3.75 |
| 2026-06-26 | 3.38 |
| 2026-06-25 | 3.20 |
| 2026-06-24 | 3.14 |
| 2026-06-23 | 3.21 |
| 2026-06-22 | 3.03 |
| 2026-06-18 | 3.11 |
| 2026-06-17 | 3.06 |
| 2026-06-16 | 3.09 |
| 2026-06-15 | 3.19 |
| 2026-06-12 | 3.19 |
| 2026-06-11 | 3.12 |
| 2026-06-10 | 3.05 |
| 2026-06-09 | 3.12 |
| 2026-06-08 | 3.25 |
| 2026-06-05 | 3.20 |
| 2026-06-04 | 3.36 |
| 2026-06-03 | 3.29 |
| 2026-06-02 | 3.54 |
| 2026-06-01 | 3.72 |
| 2026-05-29 | 3.53 |
| 2026-05-28 | 3.43 |
| 2026-05-27 | 3.34 |
| 2026-05-26 | 3.33 |
| 2026-05-22 | 3.33 |
| 2026-05-21 | 3.20 |
| 2026-05-20 | 3.13 |
| 2026-05-19 | 3.24 |
| 2026-05-18 | 3.11 |
| 2026-05-15 | 3.08 |
| 2026-05-14 | 3.20 |
| 2026-05-13 | 3.24 |
| 2026-05-12 | 3.69 |
| 2026-05-11 | 3.46 |
| 2026-05-08 | 3.43 |
| 2026-05-07 | 3.36 |
| 2026-05-06 | 3.41 |
| 2026-05-05 | 3.45 |
| 2026-05-04 | 3.33 |
| 2026-05-01 | 3.35 |
| 2026-04-30 | 3.23 |
| 2026-04-29 | 3.18 |
| 2026-04-28 | 3.14 |
| 2026-04-27 | 3.29 |
| 2026-04-24 | 3.27 |
| 2026-04-23 | 3.14 |
| 2026-04-22 | 3.24 |
| 2026-04-21 | 3.17 |
| 2026-04-20 | 3.13 |
| 2026-04-17 | 3.19 |
| 2026-04-16 | 3.13 |
| 2026-04-15 | 3.17 |
| 2026-04-14 | 3.09 |
| 2026-04-13 | 3.05 |
| 2026-04-10 | 2.90 |
| 2026-04-09 | 2.93 |
| 2026-04-08 | 3.09 |
| 2026-04-07 | 3.04 |
| 2026-04-06 | 3.15 |
| 2026-04-02 | 3.13 |
| 2026-04-01 | 3.04 |
| 2026-03-31 | 2.93 |
| 2026-03-30 | 2.76 |
| 2026-03-27 | 2.75 |
| 2026-03-26 | 2.88 |
| 2026-03-25 | 2.92 |
| 2026-03-24 | 2.86 |
| 2026-03-23 | 2.95 |
| 2026-03-20 | 2.81 |
| 2026-03-19 | 2.89 |
| 2026-03-18 | 2.95 |
| 2026-03-17 | 2.96 |
| 2026-03-16 | 2.95 |
| 2026-03-13 | 2.84 |
| 2026-03-12 | 2.86 |
| 2026-03-11 | 2.98 |
| 2026-03-10 | 2.96 |
| 2026-03-09 | 3.10 |
| 2026-03-06 | 2.99 |
| 2026-03-05 | 3.06 |
| 2026-03-04 | 3.05 |
| 2026-03-03 | 3.04 |
| 2026-03-02 | 3.00 |
| 2026-02-27 | 2.79 |
| 2026-02-26 | 2.97 |
| 2026-02-25 | 2.73 |
| 2026-02-24 | 3.87 |
| 2026-02-23 | 3.72 |
| 2026-02-20 | 4.04 |
| 2026-02-19 | 4.03 |
| 2026-02-18 | 3.99 |
| 2026-02-17 | 3.97 |
| 2026-02-13 | 4.05 |
| 2026-02-12 | 3.93 |
| 2026-02-11 | 4.03 |
| 2026-02-10 | 4.12 |
| 2026-02-09 | 4.07 |
| 2026-02-06 | 3.85 |
| 2026-02-05 | 3.61 |
| 2026-02-04 | 3.74 |
| 2026-02-03 | 3.87 |
| 2026-02-02 | 3.91 |
| 2026-01-30 | 3.88 |
| 2026-01-29 | 4.02 |
| 2026-01-28 | 4.24 |
| 2026-01-27 | 4.17 |
| 2026-01-26 | 4.09 |
| 2026-01-23 | 4.15 |
| 2026-01-22 | 4.19 |
| 2026-01-21 | 4.08 |
| 2026-01-20 | 4.07 |
| 2026-01-16 | 4.13 |
| 2026-01-15 | 4.08 |
| 2026-01-14 | 4.27 |
| 2026-01-13 | 4.30 |
| 2026-01-12 | 4.38 |
| 2026-01-09 | 4.28 |
| 2026-01-08 | 4.29 |
| 2026-01-07 | 4.54 |
| 2026-01-06 | 4.50 |
| 2026-01-05 | 4.08 |
| 2026-01-02 | 3.81 |
| 2025-12-31 | 3.88 |
| 2025-12-30 | 3.85 |
| 2025-12-29 | 3.77 |
| 2025-12-26 | 3.66 |
| 2025-12-24 | 3.69 |
| 2025-12-23 | 3.66 |
| 2025-12-22 | 3.72 |
| 2025-12-19 | 3.52 |
| 2025-12-18 | 3.50 |
| 2025-12-17 | 3.44 |
| 2025-12-16 | 3.52 |
| 2025-12-15 | 3.56 |
| 2025-12-12 | 3.89 |
| 2025-12-11 | 4.05 |
| 2025-12-10 | 4.02 |
| 2025-12-09 | 3.89 |
| 2025-12-08 | 3.92 |
| 2025-12-05 | 3.76 |
| 2025-12-04 | 3.73 |
| 2025-12-03 | 3.70 |
| 2025-12-02 | 3.70 |
| 2025-12-01 | 3.74 |
| 2025-11-28 | 3.78 |
| 2025-11-26 | 3.73 |
| 2025-11-25 | 3.81 |
| 2025-11-24 | 3.87 |
| 2025-11-21 | 3.68 |
| 2025-11-20 | 3.49 |
| 2025-11-19 | 3.44 |
| 2025-11-18 | 3.44 |
| 2025-11-17 | 3.50 |
| 2025-11-14 | 3.57 |
| 2025-11-13 | 3.48 |
| 2025-11-12 | 3.64 |
| 2025-11-11 | 3.67 |
| 2025-11-10 | 3.63 |
| 2025-11-07 | 3.62 |
| 2025-11-06 | 3.53 |
| 2025-11-05 | 3.72 |
| 2025-11-04 | 3.61 |
| 2025-11-03 | 3.80 |
| 2025-10-31 | 3.88 |
| 2025-10-30 | 3.86 |
| 2025-10-29 | 3.92 |
| 2025-10-28 | 4.01 |
| 2025-10-27 | 4.14 |
| 2025-10-24 | 4.07 |
| 2025-10-23 | 4.02 |
| 2025-10-22 | 3.80 |
| 2025-10-21 | 3.90 |
| 2025-10-20 | 3.95 |
| 2025-10-17 | 3.84 |
| 2025-10-16 | 3.86 |
| 2025-10-15 | 4.20 |
| 2025-10-14 | 4.13 |
| 2025-10-13 | 4.09 |
| 2025-10-10 | 3.97 |
| 2025-10-09 | 4.17 |
| 2025-10-08 | 4.41 |
| 2025-10-07 | 4.33 |
| 2025-10-06 | 4.51 |
| 2025-10-03 | 4.29 |
| 2025-10-02 | 4.42 |
| 2025-10-01 | 4.22 |
| 2025-09-30 | 8.38 |
| 2025-09-29 | 7.76 |
| 2025-09-26 | 7.88 |
| 2025-09-25 | 7.76 |
| 2025-09-24 | 7.83 |
| 2025-09-23 | 8.14 |
Showing the most recent 260 of 4,858 data points. The chart above shows the full history.
