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 1.02 is 29% below its estimated 5-year average of 1.44, near the low end of its estimated 5-year range (0.70–2.35).
As of 2026-10-06T15:40:58.401Z. 3.33% below its estimated 12-month average of 1.06.
Calculation as of: 2026-10-06T15:40:58.401Z.
Quote observation: 2026-10-06T15:40:26.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: fbb428da8ac3bc78cbd9b6b07f536bdf46845e58ac9f1c87f01af9d76c74d107
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
1.02
PB RATIO AVG TTM
1.06
PB RATIO AVG 3Y
1.19
PB RATIO AVG 5Y
1.44
PB RATIO AVG 10Y
1.46
PB RATIO AVG 15Y
1.26
PB RATIO AVG 20Y
1.17
CURRENT VS TTM AVG
-3.33%
CURRENT VS 3Y AVG
-14.09%
CURRENT VS 5Y AVG
-28.93%
CURRENT VS 10Y AVG
-30.27%
CURRENT VS 15Y AVG
-18.82%
CURRENT VS 20Y AVG
-12.80%
SECTOR MEDIAN · TECHNOLOGY
3.99
median of 486 covered companies
CURRENT VS SECTOR MEDIAN
-74.44%
vs the sector median at left
Market Cap
$273.43M
PB Ratio
4.22
TTM Avg
4.03
3Y Avg
15.85
5Y Avg
19.97
Market Cap
$277.36M
PB Ratio
1.34
TTM Avg
4.40
3Y Avg
8.86
5Y Avg
8.79
Market Cap
$299.25M
PB Ratio
1.75
TTM Avg
2.04
3Y Avg
1.92
5Y Avg
4.31
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aviat Networks, Inc. (AVNW) | $272.76M | 1.02 | 1.06 | 1.19 | 1.44 |
| A2Z Cust2Mate Solutions Corp. (AZ)vs › | $273.43M | 4.22 | 4.03 | 15.85 | 19.97 |
| The Hackett Group, Inc. (HCKT)vs › | $270.40M | 3.97 | 4.58 | 6.21 | 6.08 |
| AudioCodes Ltd. (AUDC)vs › | $277.06M | 1.90 | 1.53 | 1.66 | 2.42 |
| Duos Technologies Group, Inc. (DUOT)vs › | $277.36M | 1.34 | 4.40 | 8.86 | 8.79 |
| Commerce.com, Inc. (CMRC)vs › | $270.64M | 5.24 | 6.25 | 14.85 | 15.02 |
| Conduent Incorporated (CNDT)vs › | $255.91M | 0.49 | 0.40 | 0.71 | 0.73 |
| Gorilla Technology Group Inc. (GRRR)vs › | $299.25M | 1.75 | 2.04 | 1.92 | 4.31 |
| Palladyne AI Corp. (PDYN)vs › | $246.14M | 3.47 | 4.33 | 3.75 | 2.84 |
| Aeluma, Inc. (ALMU)vs › | $242.53M | 4.26 | 8.04 | 12.94 | 11.56 |
At 1.02, P/B is near its estimated 20-year median — higher than 41% 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
0.27
median
1.09
estimated 20-year high
29.69
P/B Ratio
1.02
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 | 0.99 |
| 2026-10-02 | 1.00 |
| 2026-10-01 | 0.97 |
| 2026-09-30 | 0.97 |
| 2026-09-29 | 0.95 |
| 2026-09-28 | 0.96 |
| 2026-09-25 | 0.97 |
| 2026-09-24 | 0.96 |
| 2026-09-23 | 0.96 |
| 2026-09-22 | 0.97 |
| 2026-09-21 | 0.98 |
| 2026-09-18 | 0.99 |
| 2026-09-17 | 0.99 |
| 2026-09-16 | 0.98 |
| 2026-09-15 | 0.96 |
| 2026-09-14 | 0.96 |
| 2026-09-11 | 1.00 |
| 2026-09-10 | 0.96 |
| 2026-09-09 | 0.92 |
| 2026-09-08 | 0.95 |
| 2026-09-04 | 0.96 |
| 2026-09-03 | 0.93 |
| 2026-09-02 | 0.93 |
| 2026-09-01 | 0.90 |
| 2026-08-31 | 0.96 |
| 2026-08-28 | 0.97 |
| 2026-08-27 | 1.02 |
| 2026-08-26 | 0.99 |
| 2026-08-25 | 1.01 |
| 2026-08-24 | 0.98 |
| 2026-08-21 | 0.99 |
| 2026-08-20 | 0.98 |
| 2026-08-19 | 0.98 |
| 2026-08-18 | 1.02 |
| 2026-08-17 | 1.05 |
| 2026-08-14 | 1.05 |
| 2026-08-13 | 1.04 |
| 2026-08-12 | 1.04 |
| 2026-08-11 | 1.00 |
| 2026-08-10 | 0.99 |
| 2026-08-07 | 1.00 |
| 2026-08-06 | 1.00 |
| 2026-08-05 | 1.01 |
| 2026-08-04 | 1.02 |
| 2026-08-03 | 0.97 |
| 2026-07-31 | 0.97 |
| 2026-07-30 | 1.00 |
| 2026-07-29 | 0.93 |
| 2026-07-28 | 0.97 |
| 2026-07-27 | 0.97 |
| 2026-07-24 | 0.96 |
| 2026-07-23 | 0.97 |
| 2026-07-22 | 0.98 |
| 2026-07-21 | 0.99 |
| 2026-07-20 | 0.98 |
| 2026-07-17 | 0.99 |
| 2026-07-16 | 0.99 |
| 2026-07-15 | 1.00 |
| 2026-07-14 | 1.01 |
| 2026-07-13 | 1.00 |
| 2026-07-10 | 1.03 |
| 2026-07-09 | 1.02 |
| 2026-07-08 | 0.98 |
| 2026-07-07 | 0.98 |
| 2026-07-06 | 1.00 |
| 2026-07-02 | 1.01 |
| 2026-07-01 | 1.07 |
| 2026-06-30 | 1.06 |
| 2026-06-29 | 0.99 |
| 2026-06-26 | 0.97 |
| 2026-06-25 | 0.97 |
| 2026-06-24 | 0.98 |
| 2026-06-23 | 0.98 |
| 2026-06-22 | 0.96 |
| 2026-06-18 | 0.95 |
| 2026-06-17 | 0.95 |
| 2026-06-16 | 0.98 |
| 2026-06-15 | 1.00 |
| 2026-06-12 | 0.92 |
| 2026-06-11 | 0.91 |
| 2026-06-10 | 0.87 |
| 2026-06-09 | 0.89 |
| 2026-06-08 | 0.90 |
| 2026-06-05 | 0.86 |
| 2026-06-04 | 0.92 |
| 2026-06-03 | 0.83 |
| 2026-06-02 | 0.86 |
| 2026-06-01 | 0.85 |
| 2026-05-29 | 0.84 |
| 2026-05-28 | 0.85 |
| 2026-05-27 | 0.85 |
| 2026-05-26 | 0.85 |
| 2026-05-22 | 0.84 |
| 2026-05-21 | 0.78 |
| 2026-05-20 | 0.76 |
| 2026-05-19 | 0.75 |
| 2026-05-18 | 0.77 |
| 2026-05-15 | 0.76 |
| 2026-05-14 | 0.78 |
| 2026-05-13 | 0.73 |
| 2026-05-12 | 0.73 |
| 2026-05-11 | 0.75 |
| 2026-05-08 | 0.75 |
| 2026-05-07 | 0.78 |
| 2026-05-06 | 0.78 |
| 2026-05-05 | 0.72 |
| 2026-05-04 | 1.08 |
| 2026-05-01 | 1.11 |
| 2026-04-30 | 1.10 |
| 2026-04-29 | 1.03 |
| 2026-04-28 | 1.03 |
| 2026-04-27 | 1.08 |
| 2026-04-24 | 1.12 |
| 2026-04-23 | 1.08 |
| 2026-04-22 | 1.08 |
| 2026-04-21 | 1.08 |
| 2026-04-20 | 1.08 |
| 2026-04-17 | 1.09 |
| 2026-04-16 | 1.09 |
| 2026-04-15 | 1.08 |
| 2026-04-14 | 1.07 |
| 2026-04-13 | 1.07 |
| 2026-04-10 | 1.05 |
| 2026-04-09 | 1.02 |
| 2026-04-08 | 1.02 |
| 2026-04-07 | 0.99 |
| 2026-04-06 | 0.99 |
| 2026-04-02 | 0.97 |
| 2026-04-01 | 0.94 |
| 2026-03-31 | 1.08 |
| 2026-03-30 | 1.08 |
| 2026-03-27 | 1.10 |
| 2026-03-26 | 1.14 |
| 2026-03-25 | 1.19 |
| 2026-03-24 | 1.23 |
| 2026-03-23 | 1.22 |
| 2026-03-20 | 1.20 |
| 2026-03-19 | 1.24 |
| 2026-03-18 | 1.20 |
| 2026-03-17 | 1.22 |
| 2026-03-16 | 1.20 |
| 2026-03-13 | 1.18 |
| 2026-03-12 | 1.20 |
| 2026-03-11 | 1.24 |
| 2026-03-10 | 1.23 |
| 2026-03-09 | 1.21 |
| 2026-03-06 | 1.19 |
| 2026-03-05 | 1.23 |
| 2026-03-04 | 1.28 |
| 2026-03-03 | 1.24 |
| 2026-03-02 | 1.24 |
| 2026-02-27 | 1.20 |
| 2026-02-26 | 1.20 |
| 2026-02-25 | 1.18 |
| 2026-02-24 | 1.16 |
| 2026-02-23 | 1.16 |
| 2026-02-20 | 1.18 |
| 2026-02-19 | 1.17 |
| 2026-02-18 | 1.18 |
| 2026-02-17 | 1.18 |
| 2026-02-13 | 1.20 |
| 2026-02-12 | 1.20 |
| 2026-02-11 | 1.24 |
| 2026-02-10 | 1.25 |
| 2026-02-09 | 1.25 |
| 2026-02-06 | 1.26 |
| 2026-02-05 | 1.23 |
| 2026-02-04 | 1.22 |
| 2026-02-03 | 1.10 |
| 2026-02-02 | 1.11 |
| 2026-01-30 | 1.07 |
| 2026-01-29 | 1.07 |
| 2026-01-28 | 1.06 |
| 2026-01-27 | 1.05 |
| 2026-01-26 | 1.05 |
| 2026-01-23 | 1.04 |
| 2026-01-22 | 1.07 |
| 2026-01-21 | 1.07 |
| 2026-01-20 | 1.04 |
| 2026-01-16 | 1.10 |
| 2026-01-15 | 1.09 |
| 2026-01-14 | 1.07 |
| 2026-01-13 | 1.06 |
| 2026-01-12 | 1.09 |
| 2026-01-09 | 1.06 |
| 2026-01-08 | 1.04 |
| 2026-01-07 | 1.06 |
| 2026-01-06 | 1.10 |
| 2026-01-05 | 1.09 |
| 2026-01-02 | 1.06 |
| 2025-12-31 | 1.05 |
| 2025-12-30 | 1.05 |
| 2025-12-29 | 1.05 |
| 2025-12-26 | 1.05 |
| 2025-12-24 | 1.05 |
| 2025-12-23 | 1.05 |
| 2025-12-22 | 1.04 |
| 2025-12-19 | 1.03 |
| 2025-12-18 | 1.03 |
| 2025-12-17 | 1.02 |
| 2025-12-16 | 1.04 |
| 2025-12-15 | 1.03 |
| 2025-12-12 | 1.05 |
| 2025-12-11 | 1.08 |
| 2025-12-10 | 1.07 |
| 2025-12-09 | 1.04 |
| 2025-12-08 | 1.04 |
| 2025-12-05 | 1.03 |
| 2025-12-04 | 1.01 |
| 2025-12-03 | 1.04 |
| 2025-12-02 | 1.02 |
| 2025-12-01 | 1.05 |
| 2025-11-28 | 1.09 |
| 2025-11-26 | 1.07 |
| 2025-11-25 | 1.06 |
| 2025-11-24 | 1.06 |
| 2025-11-21 | 1.04 |
| 2025-11-20 | 1.02 |
| 2025-11-19 | 1.08 |
| 2025-11-18 | 1.03 |
| 2025-11-17 | 1.06 |
| 2025-11-14 | 1.09 |
| 2025-11-13 | 1.08 |
| 2025-11-12 | 1.14 |
| 2025-11-11 | 1.12 |
| 2025-11-10 | 1.15 |
| 2025-11-07 | 1.12 |
| 2025-11-06 | 1.15 |
| 2025-11-05 | 1.20 |
| 2025-11-04 | 1.18 |
| 2025-11-03 | 1.19 |
| 2025-10-31 | 1.22 |
| 2025-10-30 | 1.27 |
| 2025-10-29 | 1.20 |
| 2025-10-28 | 1.19 |
| 2025-10-27 | 1.17 |
| 2025-10-24 | 1.22 |
| 2025-10-23 | 1.19 |
| 2025-10-22 | 1.13 |
| 2025-10-21 | 1.13 |
| 2025-10-20 | 1.14 |
| 2025-10-17 | 1.14 |
| 2025-10-16 | 1.16 |
| 2025-10-15 | 1.13 |
| 2025-10-14 | 1.11 |
| 2025-10-13 | 1.05 |
| 2025-10-10 | 1.03 |
| 2025-10-09 | 1.09 |
| 2025-10-08 | 1.10 |
| 2025-10-07 | 1.08 |
| 2025-10-06 | 1.10 |
| 2025-10-03 | 1.11 |
| 2025-10-02 | 1.10 |
| 2025-10-01 | 1.11 |
| 2025-09-30 | 1.12 |
| 2025-09-29 | 1.11 |
| 2025-09-26 | 1.10 |
| 2025-09-25 | 1.09 |
| 2025-09-24 | 1.11 |
| 2025-09-23 | 1.14 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.