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 25.97 is 16% above its estimated 5-year average of 22.35, around the middle of its estimated 5-year range (12.37–35.33).
As of 2026-09-19T00:15:25.673Z. 12.38% above its estimated 12-month average of 23.11.
Calculation as of: 2026-09-19T00:15:25.673Z.
Quote observation: 2026-09-18T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 40cb4e789f9512e865fdcf84056061ccf0554bcf9e81c5adfb60901a90343222
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
25.97
PB RATIO AVG TTM
23.11
PB RATIO AVG 3Y
20.63
PB RATIO AVG 5Y
22.35
PB RATIO AVG 10Y
15.39
PB RATIO AVG 15Y
11.82
PB RATIO AVG 20Y
9.85
CURRENT VS TTM AVG
+12.38%
CURRENT VS 3Y AVG
+25.91%
CURRENT VS 5Y AVG
+16.18%
CURRENT VS 10Y AVG
+68.73%
CURRENT VS 15Y AVG
+119.71%
CURRENT VS 20Y AVG
+163.64%
SECTOR MEDIAN · TECHNOLOGY
6.41
median of 184 covered companies
CURRENT VS SECTOR MEDIAN
+305.46%
vs the sector median at left
Market Cap
$407.87B
PB Ratio
41.73
TTM Avg
55.98
3Y Avg
39.89
5Y Avg
28.27
Market Cap
$912.84B
PB Ratio
13.58
TTM Avg
8.28
3Y Avg
5.45
5Y Avg
6.62
Market Cap
$360.30B
PB Ratio
28.89
TTM Avg
28.66
3Y Avg
18.08
5Y Avg
15.19
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ASML Holding N.V. (ASML) | $647.47B | 25.97 | 23.11 | 20.63 | 22.35 |
| Intel Corp. (INTC)vs › | $547.78B | 6.26 | 3.16 | 1.86 | 1.77 |
| Cisco Systems, Inc. (CSCO)vs › | $431.63B | 8.58 | 7.52 | 5.78 | 5.52 |
| Oracle Corporation (ORCL)vs › | $425.16B | 6.33 | 18.01 | 45.16 | 63.19 |
| Palantir Technologies Inc. (PLTR)vs › | $407.87B | 41.73 | 55.98 | 39.89 | 28.27 |
| Advanced Micro Devices, Inc. (AMD)vs › | $912.84B | 13.58 | 8.28 | 5.45 | 6.62 |
| Dell Technologies Inc. (DELL)vs › | $377.96B | N/A | 8.85 | 31.59 | 14.79 |
| Lam Research Corporation (LRCX)vs › | $360.30B | 28.89 | 28.66 | 18.08 | 15.19 |
| Applied Materials, Inc. (AMAT)vs › | $352.97B | 13.77 | 13.47 | 10.05 | 9.44 |
| Palo Alto Networks, Inc. (PANW)vs › | $296.32B | 10.78 | 13.82 | 23.75 | 77.93 |
At 25.97, P/B is above its estimated 20-year median — higher than 95% 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
1.84
median
5.75
estimated 20-year high
35.33
P/B Ratio
25.97
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 | 26.22 |
| 2026-09-10 | 26.05 |
| 2026-09-09 | 26.70 |
| 2026-09-08 | 27.25 |
| 2026-09-04 | 26.48 |
| 2026-09-03 | 25.42 |
| 2026-09-02 | 25.97 |
| 2026-09-01 | 25.71 |
| 2026-08-31 | 26.19 |
| 2026-08-28 | 26.19 |
| 2026-08-27 | 26.79 |
| 2026-08-26 | 26.95 |
| 2026-08-25 | 26.93 |
| 2026-08-24 | 26.87 |
| 2026-08-21 | 27.23 |
| 2026-08-20 | 27.03 |
| 2026-08-19 | 27.05 |
| 2026-08-18 | 27.84 |
| 2026-08-17 | 29.08 |
| 2026-08-14 | 28.47 |
| 2026-08-13 | 28.53 |
| 2026-08-12 | 27.95 |
| 2026-08-11 | 27.78 |
| 2026-08-10 | 26.77 |
| 2026-08-07 | 26.88 |
| 2026-08-06 | 26.32 |
| 2026-08-05 | 25.91 |
| 2026-08-04 | 26.43 |
| 2026-08-03 | 25.36 |
| 2026-07-31 | 25.15 |
| 2026-07-30 | 25.50 |
| 2026-07-29 | 23.94 |
| 2026-07-28 | 24.44 |
| 2026-07-27 | 25.56 |
| 2026-07-24 | 27.13 |
| 2026-07-23 | 27.84 |
| 2026-07-22 | 27.82 |
| 2026-07-21 | 27.82 |
| 2026-07-20 | 26.85 |
| 2026-07-17 | 26.98 |
| 2026-07-16 | 27.56 |
| 2026-07-15 | 29.09 |
| 2026-07-14 | 28.46 |
| 2026-07-13 | 27.66 |
| 2026-07-10 | 28.81 |
| 2026-07-09 | 28.92 |
| 2026-07-08 | 28.35 |
| 2026-07-07 | 28.00 |
| 2026-07-06 | 29.25 |
| 2026-07-02 | 28.36 |
| 2026-07-01 | 29.54 |
| 2026-06-30 | 31.89 |
| 2026-06-29 | 30.18 |
| 2026-06-26 | 28.76 |
| 2026-06-25 | 29.51 |
| 2026-06-24 | 28.25 |
| 2026-06-23 | 28.50 |
| 2026-06-22 | 30.92 |
| 2026-06-18 | 30.93 |
| 2026-06-17 | 29.94 |
| 2026-06-16 | 28.91 |
| 2026-06-15 | 30.33 |
| 2026-06-12 | 29.87 |
| 2026-06-11 | 30.44 |
| 2026-06-10 | 27.79 |
| 2026-06-09 | 28.49 |
| 2026-06-08 | 28.03 |
| 2026-06-05 | 26.31 |
| 2026-06-04 | 28.17 |
| 2026-06-03 | 27.67 |
| 2026-06-02 | 27.33 |
| 2026-06-01 | 26.10 |
| 2026-05-29 | 25.85 |
| 2026-05-28 | 25.74 |
| 2026-05-27 | 25.61 |
| 2026-05-26 | 26.16 |
| 2026-05-22 | 26.17 |
| 2026-05-21 | 25.52 |
| 2026-05-20 | 24.84 |
| 2026-05-19 | 23.39 |
| 2026-05-18 | 23.60 |
| 2026-05-15 | 24.07 |
| 2026-05-14 | 25.40 |
| 2026-05-13 | 25.35 |
| 2026-05-12 | 24.38 |
| 2026-05-11 | 25.10 |
| 2026-05-08 | 25.52 |
| 2026-05-07 | 24.31 |
| 2026-05-06 | 24.76 |
| 2026-05-05 | 23.13 |
| 2026-05-04 | 22.22 |
| 2026-05-01 | 22.87 |
| 2026-04-30 | 23.06 |
| 2026-04-29 | 22.34 |
| 2026-04-28 | 22.19 |
| 2026-04-27 | 22.96 |
| 2026-04-24 | 23.36 |
| 2026-04-23 | 22.72 |
| 2026-04-22 | 23.14 |
| 2026-04-21 | 23.38 |
| 2026-04-20 | 23.66 |
| 2026-04-17 | 23.40 |
| 2026-04-16 | 22.61 |
| 2026-04-15 | 24.90 |
| 2026-04-14 | 25.52 |
| 2026-04-13 | 25.21 |
| 2026-04-10 | 24.85 |
| 2026-04-09 | 24.35 |
| 2026-04-08 | 23.88 |
| 2026-04-07 | 21.96 |
| 2026-04-06 | 21.92 |
| 2026-04-02 | 22.14 |
| 2026-04-01 | 22.85 |
| 2026-03-31 | 22.20 |
| 2026-03-30 | 21.07 |
| 2026-03-27 | 21.89 |
| 2026-03-26 | 22.34 |
| 2026-03-25 | 23.43 |
| 2026-03-24 | 23.52 |
| 2026-03-23 | 23.02 |
| 2026-03-20 | 22.14 |
| 2026-03-19 | 22.96 |
| 2026-03-18 | 22.78 |
| 2026-03-17 | 23.35 |
| 2026-03-16 | 23.12 |
| 2026-03-13 | 22.62 |
| 2026-03-12 | 22.72 |
| 2026-03-11 | 23.31 |
| 2026-03-10 | 23.25 |
| 2026-03-09 | 22.81 |
| 2026-03-06 | 21.73 |
| 2026-03-05 | 23.00 |
| 2026-03-04 | 23.52 |
| 2026-03-03 | 22.87 |
| 2026-03-02 | 23.93 |
| 2026-02-27 | 24.38 |
| 2026-02-26 | 24.60 |
| 2026-02-25 | 26.56 |
| 2026-02-24 | 26.06 |
| 2026-02-23 | 25.86 |
| 2026-02-20 | 25.57 |
| 2026-02-19 | 25.38 |
| 2026-02-18 | 25.56 |
| 2026-02-17 | 24.70 |
| 2026-02-13 | 24.47 |
| 2026-02-12 | 24.48 |
| 2026-02-11 | 24.98 |
| 2026-02-10 | 24.60 |
| 2026-02-09 | 24.87 |
| 2026-02-06 | 24.59 |
| 2026-02-05 | 23.49 |
| 2026-02-04 | 23.30 |
| 2026-02-03 | 24.29 |
| 2026-02-02 | 25.08 |
| 2026-01-30 | 24.76 |
| 2026-01-29 | 25.32 |
| 2026-01-28 | 24.76 |
| 2026-01-27 | 25.31 |
| 2026-01-26 | 24.59 |
| 2026-01-23 | 24.17 |
| 2026-01-22 | 24.27 |
| 2026-01-21 | 23.67 |
| 2026-01-20 | 23.07 |
| 2026-01-16 | 23.64 |
| 2026-01-15 | 23.17 |
| 2026-01-14 | 21.99 |
| 2026-01-13 | 22.10 |
| 2026-01-12 | 22.29 |
| 2026-01-09 | 22.17 |
| 2026-01-08 | 20.78 |
| 2026-01-07 | 21.37 |
| 2026-01-06 | 21.61 |
| 2026-01-05 | 21.37 |
| 2026-01-02 | 20.25 |
| 2025-12-31 | 18.62 |
| 2025-12-30 | 18.65 |
| 2025-12-29 | 18.55 |
| 2025-12-26 | 18.67 |
| 2025-12-24 | 18.54 |
| 2025-12-23 | 18.48 |
| 2025-12-22 | 18.39 |
| 2025-12-19 | 18.37 |
| 2025-12-18 | 18.03 |
| 2025-12-17 | 17.67 |
| 2025-12-16 | 18.72 |
| 2025-12-15 | 18.93 |
| 2025-12-12 | 18.81 |
| 2025-12-11 | 19.54 |
| 2025-12-10 | 19.48 |
| 2025-12-09 | 19.34 |
| 2025-12-08 | 19.48 |
| 2025-12-05 | 19.13 |
| 2025-12-04 | 19.31 |
| 2025-12-03 | 19.85 |
| 2025-12-02 | 19.29 |
| 2025-12-01 | 18.93 |
| 2025-11-28 | 18.44 |
| 2025-11-26 | 18.11 |
| 2025-11-25 | 17.46 |
| 2025-11-24 | 17.19 |
| 2025-11-21 | 16.82 |
| 2025-11-20 | 17.07 |
| 2025-11-19 | 18.08 |
| 2025-11-18 | 17.47 |
| 2025-11-17 | 17.75 |
| 2025-11-14 | 17.52 |
| 2025-11-13 | 17.75 |
| 2025-11-12 | 18.05 |
| 2025-11-11 | 17.79 |
| 2025-11-10 | 18.07 |
| 2025-11-07 | 17.69 |
| 2025-11-06 | 17.91 |
| 2025-11-05 | 18.16 |
| 2025-11-04 | 17.92 |
| 2025-11-03 | 18.56 |
| 2025-10-31 | 18.43 |
| 2025-10-30 | 18.71 |
| 2025-10-29 | 18.63 |
| 2025-10-28 | 18.31 |
| 2025-10-27 | 18.44 |
| 2025-10-24 | 17.98 |
| 2025-10-23 | 18.03 |
| 2025-10-22 | 17.60 |
| 2025-10-21 | 17.83 |
| 2025-10-20 | 18.13 |
| 2025-10-17 | 17.91 |
| 2025-10-16 | 17.74 |
| 2025-10-15 | 18.85 |
| 2025-10-14 | 18.35 |
| 2025-10-13 | 18.38 |
| 2025-10-10 | 17.48 |
| 2025-10-09 | 18.30 |
| 2025-10-08 | 18.44 |
| 2025-10-07 | 18.71 |
| 2025-10-06 | 19.47 |
| 2025-10-03 | 19.27 |
| 2025-10-02 | 19.23 |
| 2025-10-01 | 18.73 |
| 2025-09-30 | 18.07 |
| 2025-09-29 | 17.97 |
| 2025-09-26 | 17.76 |
| 2025-09-25 | 17.72 |
| 2025-09-24 | 17.68 |
| 2025-09-23 | 17.99 |
| 2025-09-22 | 17.88 |
| 2025-09-19 | 17.40 |
| 2025-09-18 | 17.32 |
| 2025-09-17 | 16.28 |
| 2025-09-16 | 16.40 |
| 2025-09-15 | 16.19 |
| 2025-09-12 | 15.19 |
| 2025-09-11 | 15.01 |
| 2025-09-10 | 14.80 |
| 2025-09-09 | 15.03 |
| 2025-09-08 | 14.86 |
| 2025-09-05 | 14.59 |
| 2025-09-04 | 14.06 |
| 2025-09-03 | 13.75 |
| 2025-09-02 | 13.55 |
| 2025-08-29 | 13.86 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.