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 8.64 is 38% below its estimated 5-year average of 14.02, near the low end of its estimated 5-year range (4.18–82.63).
As of 2026-10-06T11:05:27.037Z. 60.38% below its estimated 12-month average of 21.81.
Calculation as of: 2026-10-06T11:05:27.037Z.
Quote observation: 2026-10-05T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 3b719543d2ad964e34cebd38a4954272106044749b474b483c00e469aab85807
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
8.64
PB RATIO AVG TTM
21.81
PB RATIO AVG 3Y
21.81
PB RATIO AVG 5Y
14.02
PB RATIO AVG 10Y
8.63
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-60.38%
CURRENT VS 3Y AVG
-60.38%
CURRENT VS 5Y AVG
-38.38%
CURRENT VS 10Y AVG
+0.15%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.68
median of 307 covered companies
CURRENT VS SECTOR MEDIAN
+222.39%
vs the sector median at left
Market Cap
$14.97B
PB Ratio
5.27
TTM Avg
3.23
3Y Avg
2.93
5Y Avg
3.71
Market Cap
$13.19B
PB Ratio
18.69
TTM Avg
12.62
3Y Avg
10.16
5Y Avg
8.52
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ascendis Pharma A/S (ASND) | $14.16B | 8.64 | 21.81 | 21.81 | 14.02 |
| Tempus AI, Inc. (TEM)vs › | $14.64B | 32.90 | 24.77 | 63.14 | 63.14 |
| Exelixis, Inc. (EXEL)vs › | $14.79B | 8.02 | 6.40 | 4.84 | 3.96 |
| Charles River Laboratories International, Inc. (CRL)vs › | $14.97B | 5.27 | 3.23 | 2.93 | 3.71 |
| Corcept Therapeutics Incorporated (CORT)vs › | $13.19B | 18.69 | 12.62 | 10.16 | 8.52 |
| Solventum Corporation (SOLV)vs › | $15.24B | 3.18 | 2.83 | 3.33 | 3.33 |
| BridgeBio Pharma, Inc. (BBIO)vs › | $12.95B | N/A | 43.13 | 31.86 | 31.86 |
| ICON Public Limited Company (ICLR)vs › | $12.89B | 1.37 | 1.27 | 1.83 | 2.12 |
| Baxter International Inc. (BAX)vs › | $12.52B | 2.02 | 1.65 | 2.06 | 2.86 |
| Penumbra, Inc. (PEN)vs › | $12.49B | 8.16 | 8.73 | 8.18 | 8.78 |
At 8.64, P/B is near its estimated 12-year median — higher than 64% 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
2.35
median
7.33
estimated 12-year high
107.34
P/B Ratio
8.64
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 | 9.50 |
| 2026-10-02 | 9.49 |
| 2026-10-01 | 9.47 |
| 2026-09-30 | 9.49 |
| 2026-09-29 | 9.50 |
| 2026-09-28 | 9.58 |
| 2026-09-25 | 9.40 |
| 2026-09-24 | 9.61 |
| 2026-09-23 | 9.30 |
| 2026-09-22 | 9.90 |
| 2026-09-21 | 9.90 |
| 2026-09-18 | 9.86 |
| 2026-09-17 | 9.96 |
| 2026-09-16 | 10.32 |
| 2026-09-15 | 9.99 |
| 2026-09-14 | 11.04 |
| 2026-09-11 | 10.98 |
| 2026-09-10 | 10.88 |
| 2026-09-09 | 10.86 |
| 2026-09-08 | 11.25 |
| 2026-09-04 | 11.27 |
| 2026-09-03 | 11.29 |
| 2026-09-02 | 11.14 |
| 2026-09-01 | 10.84 |
| 2026-08-31 | 10.96 |
| 2026-08-28 | 10.33 |
| 2026-08-27 | 10.39 |
| 2026-08-26 | 10.42 |
| 2026-08-25 | 10.54 |
| 2026-08-24 | 10.50 |
| 2026-08-21 | 10.55 |
| 2026-08-20 | 10.61 |
| 2026-08-19 | 10.82 |
| 2026-08-18 | 10.37 |
| 2026-08-17 | 10.31 |
| 2026-08-14 | 10.35 |
| 2026-08-13 | 28.15 |
| 2026-08-12 | 29.21 |
| 2026-08-11 | 29.10 |
| 2026-08-10 | 29.22 |
| 2026-08-07 | 29.20 |
| 2026-08-06 | 28.57 |
| 2026-08-05 | 27.92 |
| 2026-08-04 | 27.96 |
| 2026-08-03 | 27.83 |
| 2026-07-31 | 27.89 |
| 2026-07-30 | 28.70 |
| 2026-07-29 | 28.82 |
| 2026-07-28 | 29.09 |
| 2026-07-27 | 28.97 |
| 2026-07-24 | 29.02 |
| 2026-07-23 | 28.89 |
| 2026-07-22 | 28.80 |
| 2026-07-21 | 29.18 |
| 2026-07-20 | 28.78 |
| 2026-07-17 | 29.84 |
| 2026-07-16 | 29.70 |
| 2026-07-15 | 30.71 |
| 2026-07-14 | 30.36 |
| 2026-07-13 | 30.32 |
| 2026-07-10 | 30.92 |
| 2026-07-09 | 31.49 |
| 2026-07-08 | 31.69 |
| 2026-07-07 | 30.52 |
| 2026-07-06 | 30.63 |
| 2026-07-02 | 31.38 |
| 2026-07-01 | 30.62 |
| 2026-06-30 | 30.49 |
| 2026-06-29 | 30.15 |
| 2026-06-26 | 29.81 |
| 2026-06-25 | 29.91 |
| 2026-06-24 | 27.21 |
| 2026-06-23 | 27.28 |
| 2026-06-22 | 26.07 |
| 2026-06-18 | 26.39 |
| 2026-06-17 | 26.43 |
| 2026-06-16 | 26.43 |
| 2026-06-15 | 25.53 |
| 2026-06-12 | 24.93 |
| 2026-06-11 | 24.65 |
| 2026-06-10 | 23.99 |
| 2026-06-09 | 24.38 |
| 2026-06-08 | 23.53 |
| 2026-06-05 | 24.06 |
| 2026-06-04 | 25.02 |
| 2026-06-03 | 24.79 |
| 2026-06-02 | 24.76 |
| 2026-06-01 | 25.02 |
| 2026-05-29 | 25.62 |
| 2026-05-28 | 27.15 |
| 2026-05-27 | 26.90 |
| 2026-05-26 | 27.40 |
| 2026-05-22 | 28.24 |
| 2026-05-21 | 28.30 |
| 2026-05-20 | 27.59 |
| 2026-05-19 | 27.21 |
| 2026-05-18 | 27.17 |
| 2026-05-15 | 27.50 |
| 2026-05-14 | 28.07 |
| 2026-05-13 | 27.85 |
| 2026-05-12 | 27.17 |
| 2026-05-11 | 27.29 |
| 2026-05-08 | 27.29 |
| 2023-09-29 | 74.42 |
| 2023-09-28 | 75.46 |
| 2023-09-27 | 74.76 |
| 2023-09-26 | 74.87 |
| 2023-09-25 | 75.90 |
| 2023-09-22 | 75.55 |
| 2023-09-21 | 75.85 |
| 2023-09-20 | 75.98 |
| 2023-09-19 | 77.95 |
| 2023-09-18 | 81.09 |
| 2023-09-15 | 81.59 |
| 2023-09-14 | 82.17 |
| 2023-09-13 | 79.65 |
| 2023-09-12 | 81.51 |
| 2023-09-11 | 79.52 |
| 2023-09-08 | 77.55 |
| 2023-09-07 | 81.94 |
| 2023-09-06 | 82.63 |
| 2023-09-05 | 79.27 |
| 2023-09-01 | 78.10 |
| 2023-08-31 | 77.90 |
| 2023-08-30 | 76.74 |
| 2023-08-29 | 79.41 |
| 2023-08-28 | 78.26 |
| 2023-08-25 | 78.61 |
| 2023-08-24 | 76.19 |
| 2023-08-23 | 74.70 |
| 2023-08-22 | 73.52 |
| 2023-08-21 | 74.31 |
| 2023-08-18 | 71.90 |
| 2023-08-17 | 69.87 |
| 2023-08-16 | 71.45 |
| 2023-08-15 | 73.51 |
| 2023-08-14 | 73.28 |
| 2023-08-11 | 73.35 |
| 2023-08-10 | 71.95 |
| 2023-08-09 | 75.45 |
| 2023-08-08 | 74.78 |
| 2023-08-07 | 72.88 |
| 2023-08-04 | 76.92 |
| 2023-08-03 | 74.96 |
| 2023-08-02 | 72.55 |
| 2023-08-01 | 72.81 |
| 2023-07-31 | 71.64 |
| 2023-07-28 | 73.99 |
| 2023-07-27 | 69.58 |
| 2023-07-26 | 68.88 |
| 2023-07-25 | 69.34 |
| 2023-07-24 | 68.74 |
| 2023-07-21 | 70.93 |
| 2023-07-20 | 71.57 |
| 2023-07-19 | 71.95 |
| 2023-07-18 | 70.73 |
| 2023-07-17 | 69.30 |
| 2023-07-14 | 68.77 |
| 2023-07-13 | 69.56 |
| 2023-07-12 | 68.79 |
| 2023-07-11 | 69.92 |
| 2023-07-10 | 70.65 |
| 2023-07-07 | 69.63 |
| 2023-07-06 | 68.89 |
| 2023-07-05 | 70.00 |
| 2023-07-03 | 70.05 |
| 2023-06-30 | 27.61 |
| 2023-06-29 | 27.07 |
| 2023-06-28 | 26.91 |
| 2023-06-27 | 27.27 |
| 2023-06-26 | 26.80 |
| 2023-06-23 | 27.29 |
| 2023-06-22 | 27.50 |
| 2023-06-21 | 28.62 |
| 2023-06-20 | 28.69 |
| 2023-06-16 | 28.57 |
| 2023-06-15 | 28.61 |
| 2023-06-14 | 27.96 |
| 2023-06-13 | 28.75 |
| 2023-06-12 | 28.85 |
| 2023-06-09 | 28.67 |
| 2023-06-08 | 28.53 |
| 2023-06-07 | 27.97 |
| 2023-06-06 | 28.53 |
| 2023-06-05 | 28.43 |
| 2023-06-02 | 28.25 |
| 2023-06-01 | 27.22 |
| 2023-05-31 | 26.91 |
| 2023-05-30 | 27.70 |
| 2023-05-26 | 27.77 |
| 2023-05-25 | 27.37 |
| 2023-05-24 | 27.48 |
| 2023-05-23 | 27.92 |
| 2023-05-22 | 27.89 |
| 2023-05-19 | 27.97 |
| 2023-05-18 | 27.65 |
| 2023-05-17 | 28.03 |
| 2023-05-16 | 28.89 |
| 2023-05-15 | 29.89 |
| 2023-05-12 | 29.52 |
| 2023-05-11 | 29.67 |
| 2023-05-10 | 30.27 |
| 2023-05-09 | 30.07 |
| 2023-05-08 | 29.46 |
| 2023-05-05 | 29.22 |
| 2023-05-04 | 29.09 |
| 2023-05-03 | 28.33 |
| 2023-05-02 | 26.61 |
| 2023-05-01 | 26.84 |
| 2023-04-28 | 21.65 |
| 2023-04-27 | 15.30 |
| 2023-04-26 | 15.19 |
| 2023-04-25 | 15.57 |
| 2023-04-24 | 15.85 |
| 2023-04-21 | 16.08 |
| 2023-04-20 | 16.50 |
| 2023-04-19 | 16.50 |
| 2023-04-18 | 16.15 |
| 2023-04-17 | 16.45 |
| 2023-04-14 | 16.13 |
| 2023-04-13 | 16.41 |
| 2023-04-12 | 16.29 |
| 2023-04-11 | 15.93 |
| 2023-04-10 | 14.69 |
| 2023-04-06 | 14.44 |
| 2023-04-05 | 14.15 |
| 2023-04-04 | 14.19 |
| 2023-04-03 | 14.47 |
| 2023-03-31 | 21.31 |
| 2023-03-30 | 21.57 |
| 2023-03-29 | 21.98 |
| 2023-03-28 | 21.80 |
| 2023-03-27 | 21.57 |
| 2023-03-24 | 20.85 |
| 2023-03-23 | 20.96 |
| 2023-03-22 | 20.97 |
| 2023-03-21 | 21.64 |
| 2023-03-20 | 21.82 |
| 2023-03-17 | 21.49 |
| 2023-03-16 | 21.80 |
| 2023-03-15 | 21.56 |
| 2023-03-14 | 21.73 |
| 2023-03-13 | 21.39 |
| 2023-03-10 | 21.11 |
| 2023-03-09 | 21.62 |
| 2023-03-08 | 21.86 |
| 2023-03-07 | 22.31 |
| 2023-03-06 | 22.57 |
| 2023-03-03 | 22.68 |
| 2023-03-02 | 22.52 |
| 2023-03-01 | 22.50 |
| 2023-02-28 | 22.08 |
| 2023-02-27 | 22.20 |
| 2023-02-24 | 22.53 |
| 2023-02-23 | 22.83 |
| 2023-02-22 | 22.72 |
| 2023-02-21 | 22.32 |
| 2023-02-17 | 23.18 |
| 2023-02-16 | 14.05 |
| 2023-02-15 | 14.13 |
Showing the most recent 260 of 2,287 data points. The chart above shows the full history.