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 2.21 is in line with its estimated 5-year average of 2.27, around the middle of its estimated 5-year range (0.71–4.83).
As of 2026-10-06T16:35:41.976Z. 124.75% above its estimated 12-month average of 0.98.
Calculation as of: 2026-10-06T16:35:41.976Z.
Quote observation: 2026-10-06T16:35:12.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 09d62e22afa0eb1a5da77a5c6bfdaaeedfdfba09b979310b40e193a87c10cfd4
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
2.21
PB RATIO AVG TTM
0.98
PB RATIO AVG 3Y
1.88
PB RATIO AVG 5Y
2.27
PB RATIO AVG 10Y
2.53
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+124.75%
CURRENT VS 3Y AVG
+17.45%
CURRENT VS 5Y AVG
-2.72%
CURRENT VS 10Y AVG
-12.62%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.39
median of 666 covered companies
CURRENT VS SECTOR MEDIAN
-7.53%
vs the sector median at left
Arcturus Therapeutics Holdings Inc.
Market Cap
$379.66M
PB Ratio
2.21
TTM Avg
0.98
3Y Avg
1.88
5Y Avg
2.27
Market Cap
$359.27M
PB Ratio
3.55
TTM Avg
3.58
3Y Avg
2.16
5Y Avg
2.45
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arcturus Therapeutics Holdings Inc. (ARCT) | $379.66M | 2.21 | 0.98 | 1.88 | 2.27 |
| Canopy Growth Corporation (CGC)vs › | $374.03M | 0.77 | 0.64 | 0.88 | 4.41 |
| Orthofix Medical Inc. (OFIX)vs › | $386.53M | 0.90 | 1.12 | 1.06 | 1.18 |
| Kyverna Therapeutics, Inc. (KYTX)vs › | $384.83M | 2.32 | 2.33 | 1.35 | 1.35 |
| REGENXBIO Inc. (RGNX)vs › | $390.83M | 5.45 | 8.75 | 4.12 | 3.25 |
| MapLight Therapeutics, Inc. (MPLT)vs › | $396.99M | 1.14 | 2.57 | 2.57 | 2.57 |
| Opus Genetics, Inc. (IRD)vs › | $363.54M | N/A | 47.62 | 29.95 | 29.95 |
| Embecta Corp. (EMBC)vs › | $359.23M | N/A | N/A | N/A | N/A |
| Enanta Pharmaceuticals, Inc. (ENTA)vs › | $359.27M | 3.55 | 3.58 | 2.16 | 2.45 |
| Ocugen, Inc. (OCGN)vs › | $359.46M | N/A | 110.74 | 38.62 | 24.97 |
At 2.21, P/B is near its estimated 13-year median — higher than 36% of readings in its estimated 13-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 13-year low
0.55
median
2.70
estimated 13-year high
54.03
P/B Ratio
2.21
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 | 2.43 |
| 2026-10-02 | 2.16 |
| 2026-10-01 | 2.19 |
| 2026-09-30 | 2.26 |
| 2026-09-29 | 2.27 |
| 2026-09-28 | 2.39 |
| 2026-09-25 | 2.29 |
| 2026-09-24 | 2.34 |
| 2026-09-23 | 2.20 |
| 2026-09-22 | 2.38 |
| 2026-09-21 | 2.43 |
| 2026-09-18 | 2.65 |
| 2026-09-17 | 2.80 |
| 2026-09-16 | 2.58 |
| 2026-09-15 | 2.62 |
| 2026-09-14 | 2.53 |
| 2026-09-11 | 2.44 |
| 2026-09-10 | 2.31 |
| 2026-09-09 | 2.44 |
| 2026-09-08 | 2.59 |
| 2026-09-04 | 2.62 |
| 2026-09-03 | 2.57 |
| 2026-09-02 | 2.77 |
| 2026-09-01 | 2.69 |
| 2026-08-31 | 2.44 |
| 2026-08-28 | 2.51 |
| 2026-08-27 | 2.68 |
| 2026-08-26 | 2.62 |
| 2026-08-25 | 2.55 |
| 2026-08-24 | 2.37 |
| 2026-08-21 | 2.23 |
| 2026-08-20 | 1.82 |
| 2026-08-19 | 1.70 |
| 2026-08-18 | 1.36 |
| 2026-08-17 | 1.35 |
| 2026-08-14 | 1.36 |
| 2026-08-13 | 1.30 |
| 2026-08-12 | 1.26 |
| 2026-08-11 | 1.24 |
| 2026-08-10 | 1.17 |
| 2026-08-07 | 1.23 |
| 2026-08-06 | 0.90 |
| 2026-08-05 | 0.93 |
| 2026-08-04 | 0.92 |
| 2026-08-03 | 0.89 |
| 2026-07-31 | 0.86 |
| 2026-07-30 | 0.88 |
| 2026-07-29 | 0.86 |
| 2026-07-28 | 0.85 |
| 2026-07-27 | 0.86 |
| 2026-07-24 | 0.82 |
| 2026-07-23 | 0.86 |
| 2026-07-22 | 0.88 |
| 2026-07-21 | 0.89 |
| 2026-07-20 | 0.89 |
| 2026-07-17 | 0.90 |
| 2026-07-16 | 0.92 |
| 2026-07-15 | 0.95 |
| 2026-07-14 | 0.95 |
| 2026-07-13 | 1.00 |
| 2026-07-10 | 1.04 |
| 2026-07-09 | 1.06 |
| 2026-07-08 | 1.08 |
| 2026-07-07 | 1.13 |
| 2026-07-06 | 1.09 |
| 2026-07-02 | 1.08 |
| 2026-07-01 | 1.02 |
| 2026-06-30 | 1.00 |
| 2026-06-29 | 1.01 |
| 2026-06-26 | 1.02 |
| 2026-06-25 | 1.01 |
| 2026-06-24 | 1.04 |
| 2026-06-23 | 1.05 |
| 2026-06-22 | 1.07 |
| 2026-06-18 | 1.12 |
| 2026-06-17 | 1.09 |
| 2026-06-16 | 1.06 |
| 2026-06-15 | 1.09 |
| 2026-06-12 | 1.04 |
| 2026-06-11 | 1.04 |
| 2026-06-10 | 1.02 |
| 2026-06-09 | 1.06 |
| 2026-06-08 | 1.06 |
| 2026-06-05 | 1.08 |
| 2026-06-04 | 1.19 |
| 2026-06-03 | 1.13 |
| 2026-06-02 | 1.14 |
| 2026-06-01 | 1.15 |
| 2026-05-29 | 1.18 |
| 2026-05-28 | 1.18 |
| 2026-05-27 | 1.14 |
| 2026-05-26 | 1.07 |
| 2026-05-22 | 1.04 |
| 2026-05-21 | 1.04 |
| 2026-05-20 | 1.01 |
| 2026-05-19 | 0.99 |
| 2026-05-18 | 1.04 |
| 2026-05-15 | 1.11 |
| 2026-05-14 | 1.16 |
| 2026-05-13 | 1.23 |
| 2026-05-12 | 1.23 |
| 2026-05-11 | 1.28 |
| 2026-05-08 | 1.37 |
| 2026-05-07 | 1.14 |
| 2026-05-06 | 1.17 |
| 2026-05-05 | 1.08 |
| 2026-05-04 | 1.10 |
| 2026-05-01 | 1.10 |
| 2026-04-30 | 1.10 |
| 2026-04-29 | 1.08 |
| 2026-04-28 | 1.14 |
| 2026-04-27 | 1.06 |
| 2026-04-24 | 1.10 |
| 2026-04-23 | 1.08 |
| 2026-04-22 | 1.10 |
| 2026-04-21 | 1.13 |
| 2026-04-20 | 1.14 |
| 2026-04-17 | 1.13 |
| 2026-04-16 | 1.13 |
| 2026-04-15 | 1.10 |
| 2026-04-14 | 1.11 |
| 2026-04-13 | 1.08 |
| 2026-04-10 | 1.07 |
| 2026-04-09 | 1.05 |
| 2026-04-08 | 1.09 |
| 2026-04-07 | 1.09 |
| 2026-04-06 | 1.05 |
| 2026-04-02 | 1.03 |
| 2026-04-01 | 1.00 |
| 2026-03-31 | 0.99 |
| 2026-03-30 | 0.88 |
| 2026-03-27 | 0.87 |
| 2026-03-26 | 0.91 |
| 2026-03-25 | 0.90 |
| 2026-03-24 | 0.85 |
| 2026-03-23 | 0.88 |
| 2026-03-20 | 0.85 |
| 2026-03-19 | 0.86 |
| 2026-03-18 | 0.84 |
| 2026-03-17 | 0.82 |
| 2026-03-16 | 0.85 |
| 2026-03-13 | 0.85 |
| 2026-03-12 | 0.90 |
| 2026-03-11 | 0.95 |
| 2026-03-10 | 0.98 |
| 2026-03-09 | 0.94 |
| 2026-03-06 | 0.91 |
| 2026-03-05 | 0.93 |
| 2026-03-04 | 0.97 |
| 2026-03-03 | 0.96 |
| 2026-03-02 | 1.01 |
| 2026-02-27 | 1.00 |
| 2026-02-26 | 1.01 |
| 2026-02-25 | 1.00 |
| 2026-02-24 | 0.99 |
| 2026-02-23 | 0.93 |
| 2026-02-20 | 0.93 |
| 2026-02-19 | 0.96 |
| 2026-02-18 | 0.91 |
| 2026-02-17 | 0.90 |
| 2026-02-13 | 0.87 |
| 2026-02-12 | 0.87 |
| 2026-02-11 | 0.90 |
| 2026-02-10 | 0.92 |
| 2026-02-09 | 0.91 |
| 2026-02-06 | 0.92 |
| 2026-02-05 | 0.85 |
| 2026-02-04 | 0.89 |
| 2026-02-03 | 0.89 |
| 2026-02-02 | 0.89 |
| 2026-01-30 | 0.90 |
| 2026-01-29 | 0.92 |
| 2026-01-28 | 0.89 |
| 2026-01-27 | 0.90 |
| 2026-01-26 | 0.89 |
| 2026-01-23 | 0.91 |
| 2026-01-22 | 0.92 |
| 2026-01-21 | 0.88 |
| 2026-01-20 | 0.86 |
| 2026-01-16 | 0.88 |
| 2026-01-15 | 0.92 |
| 2026-01-14 | 0.94 |
| 2026-01-13 | 0.92 |
| 2026-01-12 | 0.91 |
| 2026-01-09 | 0.82 |
| 2026-01-08 | 0.82 |
| 2026-01-07 | 0.83 |
| 2026-01-06 | 0.80 |
| 2026-01-05 | 0.77 |
| 2026-01-02 | 0.76 |
| 2025-12-31 | 0.74 |
| 2025-12-30 | 0.75 |
| 2025-12-29 | 0.75 |
| 2025-12-26 | 0.75 |
| 2025-12-24 | 0.79 |
| 2025-12-23 | 0.78 |
| 2025-12-22 | 0.80 |
| 2025-12-19 | 0.79 |
| 2025-12-18 | 0.78 |
| 2025-12-17 | 0.79 |
| 2025-12-16 | 0.86 |
| 2025-12-15 | 0.88 |
| 2025-12-12 | 0.90 |
| 2025-12-11 | 0.91 |
| 2025-12-10 | 0.93 |
| 2025-12-09 | 0.87 |
| 2025-12-08 | 0.90 |
| 2025-12-05 | 0.86 |
| 2025-12-04 | 0.83 |
| 2025-12-03 | 0.80 |
| 2025-12-02 | 0.76 |
| 2025-12-01 | 0.79 |
| 2025-11-28 | 0.82 |
| 2025-11-26 | 0.82 |
| 2025-11-25 | 0.82 |
| 2025-11-24 | 0.77 |
| 2025-11-21 | 0.76 |
| 2025-11-20 | 0.71 |
| 2025-11-19 | 0.73 |
| 2025-11-18 | 0.80 |
| 2025-11-17 | 0.82 |
| 2025-11-14 | 0.88 |
| 2025-11-13 | 0.94 |
| 2025-11-12 | 0.95 |
| 2025-11-11 | 1.02 |
| 2025-11-10 | 1.03 |
| 2025-11-07 | 1.02 |
| 2025-11-06 | 0.97 |
| 2025-11-05 | 1.01 |
| 2025-11-04 | 1.05 |
| 2025-11-03 | 1.09 |
| 2025-10-31 | 1.17 |
| 2025-10-30 | 1.13 |
| 2025-10-29 | 1.11 |
| 2025-10-28 | 1.16 |
| 2025-10-27 | 1.24 |
| 2025-10-24 | 1.32 |
| 2025-10-23 | 1.41 |
| 2025-10-22 | 1.35 |
| 2025-10-21 | 2.72 |
| 2025-10-20 | 2.53 |
| 2025-10-17 | 2.43 |
| 2025-10-16 | 2.55 |
| 2025-10-15 | 2.53 |
| 2025-10-14 | 2.50 |
| 2025-10-13 | 2.28 |
| 2025-10-10 | 2.23 |
| 2025-10-09 | 2.31 |
| 2025-10-08 | 2.49 |
| 2025-10-07 | 2.40 |
| 2025-10-06 | 2.47 |
| 2025-10-03 | 2.65 |
| 2025-10-02 | 2.57 |
| 2025-10-01 | 2.40 |
| 2025-09-30 | 2.16 |
| 2025-09-29 | 2.21 |
| 2025-09-26 | 2.60 |
| 2025-09-25 | 2.38 |
| 2025-09-24 | 2.40 |
| 2025-09-23 | 2.38 |
Showing the most recent 260 of 3,208 data points. The chart above shows the full history.