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 1.85 is 42% below its estimated 2-year average of 3.19, near the low end of its estimated 2-year range (0.62–9.15).
As of 2026-10-06T13:35:26.784Z. 63.42% below its estimated 12-month average of 5.06.
Calculation as of: 2026-10-06T13:35:26.784Z.
Quote observation: 2026-10-06T13:35:09.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: ad057aee5ab633aed0c7ef60ea3d5b85ea99b1ff07310db4f6411376a188a91d
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
1.85
PB RATIO AVG TTM
5.06
PB RATIO AVG 3Y
N/A
PB RATIO AVG 5Y
N/A
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-63.42%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.56
median of 456 covered companies
CURRENT VS SECTOR MEDIAN
-27.88%
vs the sector median at left
Market Cap
$876.90M
PB Ratio
1.80
TTM Avg
3.75
3Y Avg
2.42
5Y Avg
2.06
Market Cap
$903.97M
PB Ratio
4.01
TTM Avg
10.91
3Y Avg
9.69
5Y Avg
6.24
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alumis Inc. (ALMS) | $835.64M | 1.85 | 5.06 | N/A | N/A |
| Beta Bionics, Inc. (BBNX)vs › | $866.05M | 3.38 | 2.78 | 2.67 | 2.67 |
| Ardelyx, Inc. (ARDX)vs › | $827.55M | 5.55 | 8.91 | 8.70 | 6.83 |
| Jade Biosciences, Inc. (JBIO)vs › | $864.21M | 1.96 | 2.79 | 1.96 | 1.96 |
| Apnimed, Inc. (APMD)vs › | $864.96M | N/A | N/A | N/A | N/A |
| Gyre Therapeutics, Inc. (GYRE)vs › | $825.02M | 7.64 | 6.97 | 13.51 | 13.33 |
| Monte Rosa Therapeutics, Inc. (GLUE)vs › | $876.90M | 1.80 | 3.75 | 2.42 | 2.06 |
| InMode Ltd. (INMD)vs › | $812.78M | 1.29 | 1.39 | 1.80 | 4.16 |
| Corvus Pharmaceuticals, Inc. (CRVS)vs › | $903.97M | 4.01 | 10.91 | 9.69 | 6.24 |
| Cytek Biosciences, Inc. (CTKB)vs › | $791.64M | 2.46 | 1.70 | 1.79 | 2.50 |
At 1.85, P/B is near its estimated 2-year median — higher than 53% of readings in its estimated 2-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 2-year low
0.62
median
1.50
estimated 2-year high
9.15
P/B Ratio
1.85
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 | 1.93 |
| 2026-10-02 | 1.93 |
| 2026-10-01 | 2.04 |
| 2026-09-30 | 2.09 |
| 2026-09-29 | 2.06 |
| 2026-09-28 | 2.02 |
| 2026-09-25 | 2.01 |
| 2026-09-24 | 2.06 |
| 2026-09-23 | 2.10 |
| 2026-09-22 | 2.29 |
| 2026-09-21 | 2.23 |
| 2026-09-18 | 2.19 |
| 2026-09-17 | 2.21 |
| 2026-09-16 | 2.24 |
| 2026-09-15 | 2.37 |
| 2026-09-14 | 2.60 |
| 2026-09-11 | 2.59 |
| 2026-09-10 | 2.80 |
| 2026-09-09 | 2.77 |
| 2026-09-08 | 2.99 |
| 2026-09-04 | 3.13 |
| 2026-09-03 | 3.21 |
| 2026-09-02 | 2.92 |
| 2026-09-01 | 2.67 |
| 2026-08-31 | 6.16 |
| 2026-08-28 | 6.32 |
| 2026-08-27 | 6.55 |
| 2026-08-26 | 6.67 |
| 2026-08-25 | 6.77 |
| 2026-08-24 | 6.50 |
| 2026-08-21 | 6.83 |
| 2026-08-20 | 6.46 |
| 2026-08-19 | 6.77 |
| 2026-08-18 | 7.03 |
| 2026-08-17 | 7.20 |
| 2026-08-14 | 7.15 |
| 2026-08-13 | 5.38 |
| 2026-08-12 | 5.63 |
| 2026-08-11 | 5.60 |
| 2026-08-10 | 6.07 |
| 2026-08-07 | 6.09 |
| 2026-08-06 | 6.13 |
| 2026-08-05 | 5.98 |
| 2026-08-04 | 5.98 |
| 2026-08-03 | 5.76 |
| 2026-07-31 | 6.23 |
| 2026-07-30 | 6.38 |
| 2026-07-29 | 5.82 |
| 2026-07-28 | 5.96 |
| 2026-07-27 | 5.97 |
| 2026-07-24 | 6.18 |
| 2026-07-23 | 6.24 |
| 2026-07-22 | 6.35 |
| 2026-07-21 | 6.63 |
| 2026-07-20 | 6.17 |
| 2026-07-17 | 6.32 |
| 2026-07-16 | 6.01 |
| 2026-07-15 | 6.35 |
| 2026-07-14 | 6.02 |
| 2026-07-13 | 6.20 |
| 2026-07-10 | 6.24 |
| 2026-07-09 | 6.68 |
| 2026-07-08 | 6.56 |
| 2026-07-07 | 6.46 |
| 2026-07-06 | 6.01 |
| 2026-07-02 | 5.84 |
| 2026-07-01 | 5.88 |
| 2026-06-30 | 6.21 |
| 2026-06-29 | 5.99 |
| 2026-06-26 | 5.82 |
| 2026-06-25 | 5.52 |
| 2026-06-24 | 5.48 |
| 2026-06-23 | 5.41 |
| 2026-06-22 | 5.43 |
| 2026-06-18 | 5.16 |
| 2026-06-17 | 5.08 |
| 2026-06-16 | 4.92 |
| 2026-06-15 | 5.07 |
| 2026-06-12 | 5.33 |
| 2026-06-11 | 4.61 |
| 2026-06-10 | 4.42 |
| 2026-06-09 | 4.41 |
| 2026-06-08 | 4.19 |
| 2026-06-05 | 4.20 |
| 2026-06-04 | 4.50 |
| 2026-06-03 | 4.43 |
| 2026-06-02 | 4.42 |
| 2026-06-01 | 4.48 |
| 2026-05-29 | 4.76 |
| 2026-05-28 | 4.72 |
| 2026-05-27 | 4.70 |
| 2026-05-26 | 4.92 |
| 2026-05-22 | 4.86 |
| 2026-05-21 | 4.89 |
| 2026-05-20 | 4.86 |
| 2026-05-19 | 4.75 |
| 2026-05-18 | 4.66 |
| 2026-05-15 | 5.04 |
| 2026-05-14 | 8.56 |
| 2026-05-13 | 8.64 |
| 2026-05-12 | 8.17 |
| 2026-05-11 | 8.22 |
| 2026-05-08 | 8.22 |
| 2026-05-07 | 8.26 |
| 2026-05-06 | 8.86 |
| 2026-05-05 | 9.08 |
| 2026-05-04 | 8.77 |
| 2026-05-01 | 8.75 |
| 2026-04-30 | 8.58 |
| 2026-04-29 | 7.95 |
| 2026-04-28 | 8.35 |
| 2026-04-27 | 8.60 |
| 2026-04-24 | 8.66 |
| 2026-04-23 | 9.03 |
| 2026-04-22 | 9.00 |
| 2026-04-21 | 8.68 |
| 2026-04-20 | 8.59 |
| 2026-04-17 | 8.68 |
| 2026-04-16 | 8.69 |
| 2026-04-15 | 8.40 |
| 2026-04-14 | 7.95 |
| 2026-04-13 | 7.83 |
| 2026-04-10 | 8.01 |
| 2026-04-09 | 7.97 |
| 2026-04-08 | 7.89 |
| 2026-04-07 | 7.75 |
| 2026-04-06 | 7.62 |
| 2026-04-02 | 8.12 |
| 2026-04-01 | 7.90 |
| 2026-03-31 | 7.66 |
| 2026-03-30 | 7.02 |
| 2026-03-27 | 8.62 |
| 2026-03-26 | 9.15 |
| 2026-03-25 | 8.62 |
| 2026-03-24 | 8.02 |
| 2026-03-23 | 8.12 |
| 2026-03-20 | 8.71 |
| 2026-03-19 | 6.87 |
| 2026-03-18 | 6.88 |
| 2026-03-17 | 7.09 |
| 2026-03-16 | 7.09 |
| 2026-03-13 | 6.71 |
| 2026-03-12 | 6.77 |
| 2026-03-11 | 7.13 |
| 2026-03-10 | 7.60 |
| 2026-03-09 | 7.26 |
| 2026-03-06 | 7.28 |
| 2026-03-05 | 7.48 |
| 2026-03-04 | 7.81 |
| 2026-03-03 | 7.62 |
| 2026-03-02 | 8.04 |
| 2026-02-27 | 8.03 |
| 2026-02-26 | 8.11 |
| 2026-02-25 | 7.95 |
| 2026-02-24 | 7.60 |
| 2026-02-23 | 7.48 |
| 2026-02-20 | 7.57 |
| 2026-02-19 | 7.90 |
| 2026-02-18 | 7.44 |
| 2026-02-17 | 7.19 |
| 2026-02-13 | 7.18 |
| 2026-02-12 | 7.25 |
| 2026-02-11 | 6.93 |
| 2026-02-10 | 7.19 |
| 2026-02-09 | 7.07 |
| 2026-02-06 | 7.09 |
| 2026-02-05 | 7.13 |
| 2026-02-04 | 7.13 |
| 2026-02-03 | 7.32 |
| 2026-02-02 | 7.15 |
| 2026-01-30 | 6.63 |
| 2026-01-29 | 7.26 |
| 2026-01-28 | 7.50 |
| 2026-01-27 | 7.03 |
| 2026-01-26 | 7.12 |
| 2026-01-23 | 6.63 |
| 2026-01-22 | 7.11 |
| 2026-01-21 | 7.22 |
| 2026-01-20 | 7.05 |
| 2026-01-16 | 6.46 |
| 2026-01-15 | 6.54 |
| 2026-01-14 | 6.59 |
| 2026-01-13 | 5.98 |
| 2026-01-12 | 5.71 |
| 2026-01-09 | 5.29 |
| 2026-01-08 | 4.92 |
| 2026-01-07 | 4.85 |
| 2026-01-06 | 4.39 |
| 2026-01-05 | 2.25 |
| 2026-01-02 | 2.42 |
| 2025-12-31 | 2.64 |
| 2025-12-30 | 2.67 |
| 2025-12-29 | 2.83 |
| 2025-12-26 | 2.97 |
| 2025-12-24 | 3.08 |
| 2025-12-23 | 3.10 |
| 2025-12-22 | 3.03 |
| 2025-12-19 | 3.05 |
| 2025-12-18 | 2.99 |
| 2025-12-17 | 2.86 |
| 2025-12-16 | 3.08 |
| 2025-12-15 | 3.06 |
| 2025-12-12 | 3.11 |
| 2025-12-11 | 3.14 |
| 2025-12-10 | 3.28 |
| 2025-12-09 | 3.09 |
| 2025-12-08 | 3.02 |
| 2025-12-05 | 3.01 |
| 2025-12-04 | 2.25 |
| 2025-12-03 | 2.12 |
| 2025-12-02 | 2.00 |
| 2025-12-01 | 1.99 |
| 2025-11-28 | 2.08 |
| 2025-11-26 | 2.07 |
| 2025-11-25 | 1.98 |
| 2025-11-24 | 1.98 |
| 2025-11-21 | 1.98 |
| 2025-11-20 | 1.87 |
| 2025-11-19 | 1.78 |
| 2025-11-18 | 1.73 |
| 2025-11-17 | 1.51 |
| 2025-11-14 | 1.49 |
| 2025-11-13 | 0.83 |
| 2025-11-12 | 0.83 |
| 2025-11-11 | 0.84 |
| 2025-11-10 | 0.80 |
| 2025-11-07 | 0.75 |
| 2025-11-06 | 0.75 |
| 2025-11-05 | 0.72 |
| 2025-11-04 | 0.72 |
| 2025-11-03 | 0.72 |
| 2025-10-31 | 0.75 |
| 2025-10-30 | 0.74 |
| 2025-10-29 | 0.74 |
| 2025-10-28 | 0.76 |
| 2025-10-27 | 0.76 |
| 2025-10-24 | 0.71 |
| 2025-10-23 | 0.73 |
| 2025-10-22 | 0.71 |
| 2025-10-21 | 0.73 |
| 2025-10-20 | 0.75 |
| 2025-10-17 | 0.71 |
| 2025-10-16 | 0.73 |
| 2025-10-15 | 0.77 |
| 2025-10-14 | 0.73 |
| 2025-10-13 | 0.73 |
| 2025-10-10 | 0.70 |
| 2025-10-09 | 0.72 |
| 2025-10-08 | 0.70 |
| 2025-10-07 | 0.71 |
| 2025-10-06 | 0.65 |
| 2025-10-03 | 0.63 |
| 2025-10-02 | 0.63 |
| 2025-10-01 | 0.64 |
| 2025-09-30 | 0.63 |
| 2025-09-29 | 0.62 |
| 2025-09-26 | 0.64 |
| 2025-09-25 | 0.63 |
| 2025-09-24 | 0.65 |
| 2025-09-23 | 0.65 |
Showing the most recent 260 of 472 data points. The chart above shows the full history.