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 0.85 is 68% below its estimated 5-year average of 2.67, near the low end of its estimated 5-year range (0.67–7.83).
As of 2026-10-06T15:01:26.085Z. 40.01% below its estimated 12-month average of 1.42.
Calculation as of: 2026-10-06T15:01:26.085Z.
Quote observation: 2026-10-06T15:00:30.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 6e30e9273cc74abd864e2fca08a62f10ee0154e442432ff18a73c00261064cea
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
0.85
PB RATIO AVG TTM
1.42
PB RATIO AVG 3Y
2.17
PB RATIO AVG 5Y
2.67
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-40.01%
CURRENT VS 3Y AVG
-60.75%
CURRENT VS 5Y AVG
-68.17%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.36
median of 557 covered companies
CURRENT VS SECTOR MEDIAN
-63.98%
vs the sector median at left
Market Cap
$473.47M
PB Ratio
2.18
TTM Avg
7.84
3Y Avg
8.89
5Y Avg
6.08
Market Cap
$472.06M
PB Ratio
1.97
TTM Avg
1.96
3Y Avg
1.62
5Y Avg
1.62
Market Cap
$452.68M
PB Ratio
11.81
TTM Avg
8.04
3Y Avg
5.21
5Y Avg
3.76
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arvinas, Inc. (ARVN) | $475.08M | 0.85 | 1.42 | 2.17 | 2.67 |
| Bright Minds Biosciences Inc. (DRUG)vs › | $473.47M | 2.18 | 7.84 | 8.89 | 6.08 |
| Contineum Therapeutics, Inc. (CTNM)vs › | $472.06M | 1.97 | 1.96 | 1.62 | 1.62 |
| Cerus Corporation (CERS)vs › | $472.58M | 6.75 | 6.83 | 6.34 | 7.68 |
| Evolus, Inc. (EOLS)vs › | $487.00M | N/A | 89.83 | 53.93 | 32.24 |
| NRC Health (NRC)vs › | $461.78M | 70.51 | 34.51 | 20.94 | 17.99 |
| Kamada Ltd. (KMDA)vs › | $459.25M | 1.70 | 1.73 | 1.48 | 1.41 |
| Oculis Holding AG (OCS)vs › | $494.46M | 1.82 | 5.48 | 5.32 | 5.25 |
| DiaMedica Therapeutics Inc. (DMAC)vs › | $452.68M | 11.81 | 8.04 | 5.21 | 3.76 |
| Capricor Therapeutics, Inc. (CAPR)vs › | $450.88M | 1.83 | 6.76 | 9.79 | 10.19 |
At 0.85, P/B is below its estimated 8-year median — higher than 3% of readings in its estimated 8-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 8-year low
0.67
median
3.55
estimated 8-year high
17.40
P/B Ratio
0.85
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 | 0.87 |
| 2026-10-02 | 0.87 |
| 2026-10-01 | 0.87 |
| 2026-09-30 | 0.90 |
| 2026-09-29 | 0.88 |
| 2026-09-28 | 0.88 |
| 2026-09-25 | 0.89 |
| 2026-09-24 | 0.91 |
| 2026-09-23 | 0.92 |
| 2026-09-22 | 0.99 |
| 2026-09-21 | 0.97 |
| 2026-09-18 | 0.97 |
| 2026-09-17 | 0.97 |
| 2026-09-16 | 0.95 |
| 2026-09-15 | 0.97 |
| 2026-09-14 | 0.98 |
| 2026-09-11 | 0.99 |
| 2026-09-10 | 1.02 |
| 2026-09-09 | 1.02 |
| 2026-09-08 | 1.06 |
| 2026-09-04 | 1.10 |
| 2026-09-03 | 1.09 |
| 2026-09-02 | 1.12 |
| 2026-09-01 | 1.08 |
| 2026-08-31 | 1.08 |
| 2026-08-28 | 1.07 |
| 2026-08-27 | 1.08 |
| 2026-08-26 | 1.09 |
| 2026-08-25 | 1.12 |
| 2026-08-24 | 1.09 |
| 2026-08-21 | 1.09 |
| 2026-08-20 | 1.06 |
| 2026-08-19 | 1.13 |
| 2026-08-18 | 1.08 |
| 2026-08-17 | 1.08 |
| 2026-08-14 | 1.05 |
| 2026-08-13 | 1.05 |
| 2026-08-12 | 1.04 |
| 2026-08-11 | 1.05 |
| 2026-08-10 | 1.05 |
| 2026-08-07 | 1.02 |
| 2026-08-06 | 1.01 |
| 2026-08-05 | 0.98 |
| 2026-08-04 | 1.49 |
| 2026-08-03 | 1.33 |
| 2026-07-31 | 1.33 |
| 2026-07-30 | 1.37 |
| 2026-07-29 | 1.36 |
| 2026-07-28 | 1.36 |
| 2026-07-27 | 1.36 |
| 2026-07-24 | 1.33 |
| 2026-07-23 | 1.34 |
| 2026-07-22 | 1.37 |
| 2026-07-21 | 1.37 |
| 2026-07-20 | 1.33 |
| 2026-07-17 | 1.33 |
| 2026-07-16 | 1.33 |
| 2026-07-15 | 1.37 |
| 2026-07-14 | 1.37 |
| 2026-07-13 | 1.34 |
| 2026-07-10 | 1.37 |
| 2026-07-09 | 1.41 |
| 2026-07-08 | 1.42 |
| 2026-07-07 | 1.42 |
| 2026-07-06 | 1.40 |
| 2026-07-02 | 1.39 |
| 2026-07-01 | 1.36 |
| 2026-06-30 | 1.37 |
| 2026-06-29 | 1.37 |
| 2026-06-26 | 1.32 |
| 2026-06-25 | 1.33 |
| 2026-06-24 | 1.33 |
| 2026-06-23 | 1.35 |
| 2026-06-22 | 1.28 |
| 2026-06-18 | 1.27 |
| 2026-06-17 | 1.27 |
| 2026-06-16 | 1.23 |
| 2026-06-15 | 1.24 |
| 2026-06-12 | 1.25 |
| 2026-06-11 | 1.17 |
| 2026-06-10 | 1.15 |
| 2026-06-09 | 1.19 |
| 2026-06-08 | 1.18 |
| 2026-06-05 | 1.23 |
| 2026-06-04 | 1.28 |
| 2026-06-03 | 1.27 |
| 2026-06-02 | 1.32 |
| 2026-06-01 | 1.42 |
| 2026-05-29 | 1.49 |
| 2026-05-28 | 1.46 |
| 2026-05-27 | 1.46 |
| 2026-05-26 | 1.48 |
| 2026-05-22 | 1.50 |
| 2026-05-21 | 1.51 |
| 2026-05-20 | 1.51 |
| 2026-05-19 | 1.41 |
| 2026-05-18 | 1.45 |
| 2026-05-15 | 1.50 |
| 2026-05-14 | 1.56 |
| 2026-05-13 | 1.63 |
| 2026-05-12 | 1.58 |
| 2026-05-11 | 1.45 |
| 2026-05-08 | 1.51 |
| 2026-05-07 | 1.52 |
| 2026-05-06 | 1.53 |
| 2026-05-05 | 1.59 |
| 2026-05-04 | 1.61 |
| 2026-05-01 | 1.57 |
| 2026-04-30 | 1.48 |
| 2026-04-29 | 1.47 |
| 2026-04-28 | 1.53 |
| 2026-04-27 | 1.54 |
| 2026-04-24 | 1.56 |
| 2026-04-23 | 1.56 |
| 2026-04-22 | 1.59 |
| 2026-04-21 | 1.59 |
| 2026-04-20 | 1.62 |
| 2026-04-17 | 1.65 |
| 2026-04-16 | 1.65 |
| 2026-04-15 | 1.64 |
| 2026-04-14 | 1.65 |
| 2026-04-13 | 1.58 |
| 2026-04-10 | 1.62 |
| 2026-04-09 | 1.67 |
| 2026-04-08 | 1.68 |
| 2026-04-07 | 1.70 |
| 2026-04-06 | 1.68 |
| 2026-04-02 | 1.62 |
| 2026-04-01 | 1.70 |
| 2026-03-31 | 1.59 |
| 2026-03-30 | 1.52 |
| 2026-03-27 | 1.51 |
| 2026-03-26 | 1.63 |
| 2026-03-25 | 1.63 |
| 2026-03-24 | 1.54 |
| 2026-03-23 | 1.54 |
| 2026-03-20 | 1.64 |
| 2026-03-19 | 1.67 |
| 2026-03-18 | 1.63 |
| 2026-03-17 | 1.80 |
| 2026-03-16 | 1.84 |
| 2026-03-13 | 1.82 |
| 2026-03-12 | 1.87 |
| 2026-03-11 | 2.02 |
| 2026-03-10 | 2.07 |
| 2026-03-09 | 2.00 |
| 2026-03-06 | 2.03 |
| 2026-03-05 | 2.05 |
| 2026-03-04 | 2.06 |
| 2026-03-03 | 2.00 |
| 2026-03-02 | 2.00 |
| 2026-02-27 | 1.99 |
| 2026-02-26 | 2.00 |
| 2026-02-25 | 1.99 |
| 2026-02-24 | 1.60 |
| 2026-02-23 | 1.59 |
| 2026-02-20 | 1.55 |
| 2026-02-19 | 1.61 |
| 2026-02-18 | 1.53 |
| 2026-02-17 | 1.48 |
| 2026-02-13 | 1.50 |
| 2026-02-12 | 1.53 |
| 2026-02-11 | 1.69 |
| 2026-02-10 | 1.74 |
| 2026-02-09 | 1.72 |
| 2026-02-06 | 1.74 |
| 2026-02-05 | 1.67 |
| 2026-02-04 | 1.73 |
| 2026-02-03 | 1.76 |
| 2026-02-02 | 1.79 |
| 2026-01-30 | 1.73 |
| 2026-01-29 | 1.73 |
| 2026-01-28 | 1.67 |
| 2026-01-27 | 1.76 |
| 2026-01-26 | 1.72 |
| 2026-01-23 | 1.66 |
| 2026-01-22 | 1.62 |
| 2026-01-21 | 1.63 |
| 2026-01-20 | 1.55 |
| 2026-01-16 | 1.58 |
| 2026-01-15 | 1.57 |
| 2026-01-14 | 1.58 |
| 2026-01-13 | 1.59 |
| 2026-01-12 | 1.57 |
| 2026-01-09 | 1.56 |
| 2026-01-08 | 1.57 |
| 2026-01-07 | 1.60 |
| 2026-01-06 | 1.53 |
| 2026-01-05 | 1.44 |
| 2026-01-02 | 1.48 |
| 2025-12-31 | 1.53 |
| 2025-12-30 | 1.52 |
| 2025-12-29 | 1.54 |
| 2025-12-26 | 1.57 |
| 2025-12-24 | 1.57 |
| 2025-12-23 | 1.57 |
| 2025-12-22 | 1.59 |
| 2025-12-19 | 1.51 |
| 2025-12-18 | 1.46 |
| 2025-12-17 | 1.51 |
| 2025-12-16 | 1.54 |
| 2025-12-15 | 1.59 |
| 2025-12-12 | 1.62 |
| 2025-12-11 | 1.62 |
| 2025-12-10 | 1.68 |
| 2025-12-09 | 1.69 |
| 2025-12-08 | 1.72 |
| 2025-12-05 | 1.65 |
| 2025-12-04 | 1.62 |
| 2025-12-03 | 1.64 |
| 2025-12-02 | 1.51 |
| 2025-12-01 | 1.53 |
| 2025-11-28 | 1.63 |
| 2025-11-26 | 1.60 |
| 2025-11-25 | 1.57 |
| 2025-11-24 | 1.52 |
| 2025-11-21 | 1.49 |
| 2025-11-20 | 1.42 |
| 2025-11-19 | 1.49 |
| 2025-11-18 | 1.68 |
| 2025-11-17 | 1.43 |
| 2025-11-14 | 1.37 |
| 2025-11-13 | 1.31 |
| 2025-11-12 | 1.34 |
| 2025-11-11 | 1.45 |
| 2025-11-10 | 1.45 |
| 2025-11-07 | 1.37 |
| 2025-11-06 | 1.29 |
| 2025-11-05 | 1.15 |
| 2025-11-04 | 1.14 |
| 2025-11-03 | 1.16 |
| 2025-10-31 | 1.21 |
| 2025-10-30 | 1.19 |
| 2025-10-29 | 1.15 |
| 2025-10-28 | 1.14 |
| 2025-10-27 | 1.16 |
| 2025-10-24 | 1.10 |
| 2025-10-23 | 1.10 |
| 2025-10-22 | 1.12 |
| 2025-10-21 | 1.16 |
| 2025-10-20 | 1.16 |
| 2025-10-17 | 1.14 |
| 2025-10-16 | 1.16 |
| 2025-10-15 | 1.13 |
| 2025-10-14 | 1.13 |
| 2025-10-13 | 1.17 |
| 2025-10-10 | 1.13 |
| 2025-10-09 | 1.15 |
| 2025-10-08 | 1.17 |
| 2025-10-07 | 1.11 |
| 2025-10-06 | 1.15 |
| 2025-10-03 | 1.15 |
| 2025-10-02 | 1.11 |
| 2025-10-01 | 1.09 |
| 2025-09-30 | 1.02 |
| 2025-09-29 | 1.02 |
| 2025-09-26 | 0.99 |
| 2025-09-25 | 0.93 |
| 2025-09-24 | 0.93 |
| 2025-09-23 | 0.90 |
Showing the most recent 260 of 1,892 data points. The chart above shows the full history.