Basis: FMP quote market capitalization / matching reported stockholders equity. 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 16.41 is 37% above its estimated 5-year average of 11.96, near the high end of its estimated 5-year range (6.96–18.89).
As of 2026-09-16T00:15:30.286Z. 6.73% above its estimated 12-month average of 15.37.
Calculation as of: 2026-09-16T00:15:30.286Z.
Quote observation: 2026-09-15T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 5872b2567f5fd5ab80e5fa926f57ee7b80c8ac08bd0e9b807aeb32c6fcc8774a
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 2026-09-11.
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
16.41
PB RATIO AVG TTM
15.37
PB RATIO AVG 3Y
13.67
PB RATIO AVG 5Y
11.96
PB RATIO AVG 10Y
10.36
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+6.73%
CURRENT VS 3Y AVG
+20.04%
CURRENT VS 5Y AVG
+37.19%
CURRENT VS 10Y AVG
+58.36%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.38
median of 184 covered companies
CURRENT VS SECTOR MEDIAN
+157.41%
vs the sector median at left
Market Cap
$240.58B
PB Ratio
13.36
TTM Avg
12.35
3Y Avg
10.77
5Y Avg
11.19
Market Cap
$246.92B
PB Ratio
48.40
TTM Avg
33.44
3Y Avg
31.50
5Y Avg
32.97
Market Cap
$234.00B
PB Ratio
6.79
TTM Avg
8.37
3Y Avg
8.04
5Y Avg
7.17
Market Cap
$258.27B
PB Ratio
29.93
TTM Avg
26.25
3Y Avg
25.18
5Y Avg
25.18
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arista Networks, Inc. (ANET) | $242.82B | 16.41 | 15.37 | 13.67 | 11.96 |
| Texas Instruments Incorporated (TXN)vs › | $240.58B | 13.36 | 12.35 | 10.77 | 11.19 |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $246.92B | 48.40 | 33.44 | 31.50 | 32.97 |
| SAP SE (SAP)vs › | $251.31B | 4.92 | 4.85 | 5.29 | 4.64 |
| International Business Machines Corporation (IBM)vs › | $234.00B | 6.79 | 8.37 | 8.04 | 7.17 |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $258.27B | 29.93 | 26.25 | 25.18 | 25.18 |
| Sandisk Corporation (SNDK)vs › | $226.71B | 14.41 | 10.66 | 7.28 | 7.28 |
| KLA Corporation (KLAC)vs › | $219.48B | 34.56 | 38.60 | 31.57 | 27.20 |
| Salesforce, Inc. (CRM)vs › | $209.38B | 5.46 | 3.82 | 4.27 | 3.92 |
| QUALCOMM Incorporated (QCOM)vs › | $197.19B | 7.13 | 7.39 | 7.27 | 8.93 |
At 16.41, P/B is above its estimated 12-year median — higher than 95% of readings in its estimated 12-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 12-year low
4.36
median
9.60
estimated 12-year high
50.43
P/B Ratio
16.41
Market Price / Book Value per Share
PB Ratio = Market Cap / Total Shareholders' Equity
The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PB RATIO |
|---|---|
| 2026-09-11 | 17.20 |
| 2026-09-10 | 16.28 |
| 2026-09-09 | 16.62 |
| 2026-09-08 | 16.80 |
| 2026-09-04 | 16.70 |
| 2026-09-03 | 16.49 |
| 2026-09-02 | 16.03 |
| 2026-09-01 | 16.31 |
| 2026-08-31 | 16.86 |
| 2026-08-28 | 16.83 |
| 2026-08-27 | 17.32 |
| 2026-08-26 | 17.42 |
| 2026-08-25 | 16.45 |
| 2026-08-24 | 16.21 |
| 2026-08-21 | 16.25 |
| 2026-08-20 | 15.83 |
| 2026-08-19 | 16.06 |
| 2026-08-18 | 16.64 |
| 2026-08-17 | 17.39 |
| 2026-08-14 | 17.13 |
| 2026-08-13 | 17.54 |
| 2026-08-12 | 18.14 |
| 2026-08-11 | 17.05 |
| 2026-08-10 | 16.50 |
| 2026-08-07 | 16.25 |
| 2026-08-06 | 16.57 |
| 2026-08-05 | 17.00 |
| 2026-08-04 | 17.99 |
| 2026-08-03 | 17.46 |
| 2026-07-31 | 17.03 |
| 2026-07-30 | 16.15 |
| 2026-07-29 | 14.92 |
| 2026-07-28 | 16.03 |
| 2026-07-27 | 16.13 |
| 2026-07-24 | 16.43 |
| 2026-07-23 | 16.68 |
| 2026-07-22 | 16.52 |
| 2026-07-21 | 16.49 |
| 2026-07-20 | 15.99 |
| 2026-07-17 | 15.92 |
| 2026-07-16 | 15.92 |
| 2026-07-15 | 16.24 |
| 2026-07-14 | 17.24 |
| 2026-07-13 | 17.11 |
| 2026-07-10 | 17.66 |
| 2026-07-09 | 17.44 |
| 2026-07-08 | 17.10 |
| 2026-07-07 | 15.72 |
| 2026-07-06 | 16.37 |
| 2026-07-02 | 15.11 |
| 2026-07-01 | 15.74 |
| 2026-06-30 | 16.04 |
| 2026-06-29 | 15.50 |
| 2026-06-26 | 14.88 |
| 2026-06-25 | 15.63 |
| 2026-06-24 | 15.28 |
| 2026-06-23 | 15.32 |
| 2026-06-22 | 16.49 |
| 2026-06-18 | 16.02 |
| 2026-06-17 | 15.58 |
| 2026-06-16 | 15.87 |
| 2026-06-15 | 15.97 |
| 2026-06-12 | 15.42 |
| 2026-06-11 | 14.77 |
| 2026-06-10 | 14.33 |
| 2026-06-09 | 14.37 |
| 2026-06-08 | 14.77 |
| 2026-06-05 | 14.57 |
| 2026-06-04 | 15.68 |
| 2026-06-03 | 16.47 |
| 2026-06-02 | 16.56 |
| 2026-06-01 | 16.12 |
| 2026-05-29 | 15.06 |
| 2026-05-28 | 14.66 |
| 2026-05-27 | 14.57 |
| 2026-05-26 | 14.92 |
| 2026-05-22 | 14.55 |
| 2026-05-21 | 14.03 |
| 2026-05-20 | 13.27 |
| 2026-05-19 | 13.37 |
| 2026-05-18 | 13.38 |
| 2026-05-15 | 13.41 |
| 2026-05-14 | 13.96 |
| 2026-05-13 | 13.29 |
| 2026-05-12 | 13.46 |
| 2026-05-11 | 12.89 |
| 2026-05-08 | 13.39 |
| 2026-05-07 | 13.39 |
| 2026-05-06 | 13.88 |
| 2026-05-05 | 17.56 |
| 2026-05-04 | 17.80 |
| 2026-05-01 | 17.81 |
| 2026-04-30 | 17.81 |
| 2026-04-29 | 17.40 |
| 2026-04-28 | 17.05 |
| 2026-04-27 | 17.79 |
| 2026-04-24 | 18.25 |
| 2026-04-23 | 17.80 |
| 2026-04-22 | 18.33 |
| 2026-04-21 | 17.83 |
| 2026-04-20 | 17.21 |
| 2026-04-17 | 16.94 |
| 2026-04-16 | 16.61 |
| 2026-04-15 | 15.92 |
| 2026-04-14 | 15.92 |
| 2026-04-13 | 15.68 |
| 2026-04-10 | 15.20 |
| 2026-04-09 | 15.06 |
| 2026-04-08 | 14.96 |
| 2026-04-07 | 13.78 |
| 2026-04-06 | 13.02 |
| 2026-04-02 | 13.06 |
| 2026-04-01 | 12.88 |
| 2026-03-31 | 12.66 |
| 2026-03-30 | 11.98 |
| 2026-03-27 | 12.46 |
| 2026-03-26 | 12.64 |
| 2026-03-25 | 13.92 |
| 2026-03-24 | 13.49 |
| 2026-03-23 | 14.01 |
| 2026-03-20 | 13.53 |
| 2026-03-19 | 14.05 |
| 2026-03-18 | 14.03 |
| 2026-03-17 | 13.72 |
| 2026-03-16 | 13.96 |
| 2026-03-13 | 13.78 |
| 2026-03-12 | 13.82 |
| 2026-03-11 | 14.26 |
| 2026-03-10 | 14.40 |
| 2026-03-09 | 14.15 |
| 2026-03-06 | 13.71 |
| 2026-03-05 | 14.38 |
| 2026-03-04 | 13.91 |
| 2026-03-03 | 12.85 |
| 2026-03-02 | 13.34 |
| 2026-02-27 | 13.77 |
| 2026-02-26 | 13.43 |
| 2026-02-25 | 13.71 |
| 2026-02-24 | 13.28 |
| 2026-02-23 | 13.14 |
| 2026-02-20 | 13.69 |
| 2026-02-19 | 14.15 |
| 2026-02-18 | 14.39 |
| 2026-02-17 | 14.70 |
| 2026-02-13 | 15.18 |
| 2026-02-12 | 14.49 |
| 2026-02-11 | 15.08 |
| 2026-02-10 | 15.38 |
| 2026-02-09 | 15.20 |
| 2026-02-06 | 14.74 |
| 2026-02-05 | 13.80 |
| 2026-02-04 | 13.97 |
| 2026-02-03 | 14.94 |
| 2026-02-02 | 14.84 |
| 2026-01-30 | 15.20 |
| 2026-01-29 | 15.88 |
| 2026-01-28 | 16.10 |
| 2026-01-27 | 15.73 |
| 2026-01-26 | 15.41 |
| 2026-01-23 | 14.62 |
| 2026-01-22 | 14.84 |
| 2026-01-21 | 13.65 |
| 2026-01-20 | 13.67 |
| 2026-01-16 | 13.92 |
| 2026-01-15 | 14.00 |
| 2026-01-14 | 13.41 |
| 2026-01-13 | 13.93 |
| 2026-01-12 | 13.23 |
| 2026-01-09 | 13.18 |
| 2026-01-08 | 13.26 |
| 2026-01-07 | 13.95 |
| 2026-01-06 | 14.21 |
| 2026-01-05 | 14.71 |
| 2026-01-02 | 14.32 |
| 2025-12-31 | 14.05 |
| 2025-12-30 | 14.20 |
| 2025-12-29 | 14.38 |
| 2025-12-26 | 14.14 |
| 2025-12-24 | 14.02 |
| 2025-12-23 | 14.08 |
| 2025-12-22 | 14.02 |
| 2025-12-19 | 14.06 |
| 2025-12-18 | 13.36 |
| 2025-12-17 | 13.12 |
| 2025-12-16 | 13.52 |
| 2025-12-15 | 13.50 |
| 2025-12-12 | 13.38 |
| 2025-12-11 | 14.41 |
| 2025-12-10 | 14.19 |
| 2025-12-09 | 13.94 |
| 2025-12-08 | 13.84 |
| 2025-12-05 | 13.79 |
| 2025-12-04 | 13.78 |
| 2025-12-03 | 13.70 |
| 2025-12-02 | 13.64 |
| 2025-12-01 | 13.74 |
| 2025-11-28 | 14.01 |
| 2025-11-26 | 13.69 |
| 2025-11-25 | 13.41 |
| 2025-11-24 | 13.10 |
| 2025-11-21 | 12.59 |
| 2025-11-20 | 12.82 |
| 2025-11-19 | 13.38 |
| 2025-11-18 | 13.24 |
| 2025-11-17 | 13.64 |
| 2025-11-14 | 14.08 |
| 2025-11-13 | 13.97 |
| 2025-11-12 | 14.47 |
| 2025-11-11 | 14.47 |
| 2025-11-10 | 14.72 |
| 2025-11-07 | 14.44 |
| 2025-11-06 | 14.37 |
| 2025-11-05 | 15.05 |
| 2025-11-04 | 17.90 |
| 2025-11-03 | 18.38 |
| 2025-10-31 | 18.39 |
| 2025-10-30 | 18.48 |
| 2025-10-29 | 18.89 |
| 2025-10-28 | 18.28 |
| 2025-10-27 | 18.29 |
| 2025-10-24 | 17.94 |
| 2025-10-23 | 17.81 |
| 2025-10-22 | 17.09 |
| 2025-10-21 | 17.02 |
| 2025-10-20 | 17.08 |
| 2025-10-17 | 16.69 |
| 2025-10-16 | 17.03 |
| 2025-10-15 | 16.72 |
| 2025-10-14 | 16.18 |
| 2025-10-13 | 17.19 |
| 2025-10-10 | 17.97 |
| 2025-10-09 | 18.45 |
| 2025-10-08 | 18.35 |
| 2025-10-07 | 16.94 |
| 2025-10-06 | 17.43 |
| 2025-10-03 | 16.97 |
| 2025-10-02 | 16.85 |
| 2025-10-01 | 17.41 |
| 2025-09-30 | 16.99 |
| 2025-09-29 | 16.72 |
| 2025-09-26 | 16.62 |
| 2025-09-25 | 16.68 |
| 2025-09-24 | 16.63 |
| 2025-09-23 | 16.80 |
| 2025-09-22 | 16.95 |
| 2025-09-19 | 17.45 |
| 2025-09-18 | 17.10 |
| 2025-09-17 | 16.66 |
| 2025-09-16 | 16.58 |
| 2025-09-15 | 16.96 |
| 2025-09-12 | 16.25 |
| 2025-09-11 | 17.85 |
| 2025-09-10 | 17.57 |
| 2025-09-09 | 16.55 |
| 2025-09-08 | 16.33 |
| 2025-09-05 | 16.66 |
| 2025-09-04 | 16.46 |
| 2025-09-03 | 16.02 |
| 2025-09-02 | 15.84 |
| 2025-08-29 | 15.92 |
Showing the most recent 260 of 3,085 data points. The chart above shows the full history.