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 9.72 is 34% above its estimated 5-year average of 7.28, around the middle of its estimated 5-year range (2.84–16.80).
As of 2026-09-12T00:15:15.608Z. 13.36% below its estimated 12-month average of 11.22.
Calculation as of: 2026-09-12T00:15:15.608Z.
Quote observation: 2026-09-11T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 3def6f615a2cad0bbfde1a1b55a5d4665c046eced8c234b6e6dfd896f6d3b704
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 2026-09-10.
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
9.72
PB RATIO AVG TTM
11.22
PB RATIO AVG 3Y
9.12
PB RATIO AVG 5Y
7.28
PB RATIO AVG 10Y
5.12
PB RATIO AVG 15Y
3.65
PB RATIO AVG 20Y
2.70
CURRENT VS TTM AVG
-13.36%
CURRENT VS 3Y AVG
+6.54%
CURRENT VS 5Y AVG
+33.61%
CURRENT VS 10Y AVG
+89.78%
CURRENT VS 15Y AVG
+166.29%
CURRENT VS 20Y AVG
+259.40%
SECTOR MEDIAN · TECHNOLOGY
6.49
median of 182 covered companies
CURRENT VS SECTOR MEDIAN
+49.65%
vs the sector median at left
Market Cap
$7.59B
PB Ratio
6.21
TTM Avg
6.30
3Y Avg
8.40
5Y Avg
13.35
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Camtek Ltd. (CAMT) | $6.90B | 9.72 | 11.22 | 9.12 | 7.28 |
| Cipher Mining Inc. (CIFR)vs › | $6.89B | 12.26 | 9.76 | 4.79 | 4.00 |
| Plexus Corp. (PLXS)vs › | $6.83B | 4.47 | 3.83 | 3.02 | 2.78 |
| Duolingo, Inc. (DUOL)vs › | $6.69B | 4.75 | 6.59 | 13.70 | 13.67 |
| SentinelOne, Inc. (S)vs › | $6.65B | 4.59 | 3.69 | 3.98 | 3.98 |
| UiPath Inc. (PATH)vs › | $7.31B | 3.75 | 3.82 | 4.34 | 4.43 |
| AppFolio Inc. (APPF)vs › | $7.45B | 14.16 | 14.64 | 20.21 | 18.63 |
| Zeta Global Holdings Corp. (ZETA)vs › | $7.55B | 8.14 | 5.95 | 9.18 | 9.65 |
| Paylocity Holding Corporation (PCTY)vs › | $7.59B | 6.21 | 6.30 | 8.40 | 13.35 |
| Applied Digital Corp. (APLD)vs › | $7.61B | 4.27 | 6.38 | 5.11 | 5.34 |
At 9.72, 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
0.11
median
2.05
estimated 20-year high
16.80
P/B Ratio
9.72
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 |
|---|---|
| 2026-09-10 | 10.46 |
| 2026-09-09 | 10.78 |
| 2026-09-08 | 10.67 |
| 2026-09-04 | 10.57 |
| 2026-09-03 | 10.08 |
| 2026-09-02 | 9.57 |
| 2026-09-01 | 9.30 |
| 2026-08-31 | 9.72 |
| 2026-08-28 | 9.84 |
| 2026-08-27 | 10.51 |
| 2026-08-26 | 10.39 |
| 2026-08-25 | 10.64 |
| 2026-08-24 | 10.33 |
| 2026-08-21 | 10.65 |
| 2026-08-20 | 10.77 |
| 2026-08-19 | 10.93 |
| 2026-08-18 | 11.31 |
| 2026-08-17 | 12.46 |
| 2026-08-14 | 12.00 |
| 2026-08-13 | 12.54 |
| 2026-08-12 | 12.64 |
| 2026-08-11 | 11.93 |
| 2026-08-10 | 11.92 |
| 2026-08-07 | 11.72 |
| 2026-08-06 | 11.29 |
| 2026-08-05 | 11.13 |
| 2026-08-04 | 11.43 |
| 2026-08-03 | 10.54 |
| 2026-07-31 | 9.99 |
| 2026-07-30 | 10.35 |
| 2026-07-29 | 9.58 |
| 2026-07-28 | 10.56 |
| 2026-07-27 | 11.42 |
| 2026-07-24 | 11.15 |
| 2026-07-23 | 11.70 |
| 2026-07-22 | 11.82 |
| 2026-07-21 | 11.78 |
| 2026-07-20 | 11.09 |
| 2026-07-17 | 11.02 |
| 2026-07-16 | 11.15 |
| 2026-07-15 | 11.11 |
| 2026-07-14 | 11.30 |
| 2026-07-13 | 10.31 |
| 2026-07-10 | 10.84 |
| 2026-07-09 | 10.96 |
| 2026-07-08 | 10.56 |
| 2026-07-07 | 10.05 |
| 2026-07-06 | 10.70 |
| 2026-07-02 | 10.75 |
| 2026-07-01 | 11.73 |
| 2026-06-30 | 12.30 |
| 2026-06-29 | 11.86 |
| 2026-06-26 | 11.59 |
| 2026-06-25 | 12.67 |
| 2026-06-24 | 12.59 |
| 2026-06-23 | 12.77 |
| 2026-06-22 | 14.76 |
| 2026-06-18 | 14.72 |
| 2026-06-17 | 13.43 |
| 2026-06-16 | 13.74 |
| 2026-06-15 | 14.91 |
| 2026-06-12 | 14.57 |
| 2026-06-11 | 13.89 |
| 2026-06-10 | 12.57 |
| 2026-06-09 | 12.68 |
| 2026-06-08 | 12.72 |
| 2026-06-05 | 12.38 |
| 2026-06-04 | 13.66 |
| 2026-06-03 | 13.83 |
| 2026-06-02 | 14.14 |
| 2026-06-01 | 12.30 |
| 2026-05-29 | 12.95 |
| 2026-05-28 | 13.18 |
| 2026-05-27 | 12.79 |
| 2026-05-26 | 13.18 |
| 2026-05-22 | 12.62 |
| 2026-05-21 | 12.11 |
| 2026-05-20 | 12.02 |
| 2026-05-19 | 11.41 |
| 2026-05-18 | 11.74 |
| 2026-05-15 | 12.70 |
| 2026-05-14 | 12.92 |
| 2026-05-13 | 12.74 |
| 2026-05-12 | 14.14 |
| 2026-05-11 | 16.80 |
| 2026-05-08 | 16.65 |
| 2026-05-07 | 15.64 |
| 2026-05-06 | 16.40 |
| 2026-05-05 | 15.97 |
| 2026-05-04 | 14.80 |
| 2026-05-01 | 15.11 |
| 2026-04-30 | 15.54 |
| 2026-04-29 | 15.21 |
| 2026-04-28 | 14.62 |
| 2026-04-27 | 15.46 |
| 2026-04-24 | 16.44 |
| 2026-04-23 | 15.86 |
| 2026-04-22 | 15.05 |
| 2026-04-21 | 15.20 |
| 2026-04-20 | 14.95 |
| 2026-04-17 | 14.56 |
| 2026-04-16 | 14.63 |
| 2026-04-15 | 14.54 |
| 2026-04-14 | 14.64 |
| 2026-04-13 | 14.17 |
| 2026-04-10 | 14.13 |
| 2026-04-09 | 14.30 |
| 2026-04-08 | 13.78 |
| 2026-04-07 | 12.89 |
| 2026-04-06 | 12.89 |
| 2026-04-02 | 12.77 |
| 2026-04-01 | 12.85 |
| 2026-03-31 | 12.28 |
| 2026-03-30 | 11.70 |
| 2026-03-27 | 12.42 |
| 2026-03-26 | 12.95 |
| 2026-03-25 | 14.18 |
| 2026-03-24 | 14.52 |
| 2026-03-23 | 13.95 |
| 2026-03-20 | 13.44 |
| 2026-03-19 | 13.95 |
| 2026-03-18 | 13.50 |
| 2026-03-17 | 12.99 |
| 2026-03-16 | 12.34 |
| 2026-03-13 | 12.07 |
| 2026-03-12 | 12.35 |
| 2026-03-11 | 13.07 |
| 2026-03-10 | 12.66 |
| 2026-03-09 | 12.57 |
| 2026-03-06 | 11.93 |
| 2026-03-05 | 13.37 |
| 2026-03-04 | 13.45 |
| 2026-03-03 | 13.17 |
| 2026-03-02 | 13.89 |
| 2026-02-27 | 13.56 |
| 2026-02-26 | 13.64 |
| 2026-02-25 | 13.69 |
| 2026-02-24 | 13.26 |
| 2026-02-23 | 12.40 |
| 2026-02-20 | 11.99 |
| 2026-02-19 | 12.41 |
| 2026-02-18 | 12.47 |
| 2026-02-17 | 12.43 |
| 2026-02-13 | 12.82 |
| 2026-02-12 | 12.30 |
| 2026-02-11 | 12.54 |
| 2026-02-10 | 12.19 |
| 2026-02-09 | 11.91 |
| 2026-02-06 | 11.80 |
| 2026-02-05 | 11.17 |
| 2026-02-04 | 10.51 |
| 2026-02-03 | 11.19 |
| 2026-02-02 | 11.24 |
| 2026-01-30 | 11.60 |
| 2026-01-29 | 12.32 |
| 2026-01-28 | 11.89 |
| 2026-01-27 | 11.70 |
| 2026-01-26 | 11.29 |
| 2026-01-23 | 11.37 |
| 2026-01-22 | 11.30 |
| 2026-01-21 | 11.58 |
| 2026-01-20 | 11.44 |
| 2026-01-16 | 11.55 |
| 2026-01-15 | 11.43 |
| 2026-01-14 | 10.52 |
| 2026-01-13 | 10.81 |
| 2026-01-12 | 10.91 |
| 2026-01-09 | 10.42 |
| 2026-01-08 | 10.27 |
| 2026-01-07 | 10.48 |
| 2026-01-06 | 10.55 |
| 2026-01-05 | 9.81 |
| 2026-01-02 | 9.14 |
| 2025-12-31 | 8.42 |
| 2025-12-30 | 8.60 |
| 2025-12-29 | 8.54 |
| 2025-12-26 | 8.63 |
| 2025-12-24 | 8.64 |
| 2025-12-23 | 8.61 |
| 2025-12-22 | 8.39 |
| 2025-12-19 | 8.24 |
| 2025-12-18 | 8.05 |
| 2025-12-17 | 8.16 |
| 2025-12-16 | 8.81 |
| 2025-12-15 | 8.66 |
| 2025-12-12 | 8.86 |
| 2025-12-11 | 9.36 |
| 2025-12-10 | 9.59 |
| 2025-12-09 | 9.44 |
| 2025-12-08 | 9.40 |
| 2025-12-05 | 9.27 |
| 2025-12-04 | 9.37 |
| 2025-12-03 | 9.26 |
| 2025-12-02 | 8.78 |
| 2025-12-01 | 8.34 |
| 2025-11-28 | 8.34 |
| 2025-11-26 | 8.25 |
| 2025-11-25 | 8.18 |
| 2025-11-24 | 8.01 |
| 2025-11-21 | 7.47 |
| 2025-11-20 | 7.48 |
| 2025-11-19 | 7.92 |
| 2025-11-18 | 7.50 |
| 2025-11-17 | 7.59 |
| 2025-11-14 | 7.61 |
| 2025-11-13 | 7.88 |
| 2025-11-12 | 8.16 |
| 2025-11-11 | 8.24 |
| 2025-11-10 | 8.76 |
| 2025-11-07 | 9.38 |
| 2025-11-06 | 9.47 |
| 2025-11-05 | 9.74 |
| 2025-11-04 | 9.25 |
| 2025-11-03 | 9.72 |
| 2025-10-31 | 9.75 |
| 2025-10-30 | 9.77 |
| 2025-10-29 | 10.10 |
| 2025-10-28 | 9.33 |
| 2025-10-27 | 9.49 |
| 2025-10-24 | 9.38 |
| 2025-10-23 | 9.30 |
| 2025-10-22 | 9.13 |
| 2025-10-21 | 9.48 |
| 2025-10-20 | 9.68 |
| 2025-10-17 | 9.51 |
| 2025-10-16 | 9.62 |
| 2025-10-15 | 9.86 |
| 2025-10-14 | 9.53 |
| 2025-10-13 | 9.37 |
| 2025-10-10 | 8.66 |
| 2025-10-09 | 8.98 |
| 2025-10-08 | 9.22 |
| 2025-10-07 | 8.80 |
| 2025-10-06 | 9.19 |
| 2025-10-03 | 8.92 |
| 2025-10-02 | 9.25 |
| 2025-10-01 | 8.93 |
| 2025-09-30 | 8.27 |
| 2025-09-29 | 8.18 |
| 2025-09-26 | 8.24 |
| 2025-09-25 | 8.14 |
| 2025-09-24 | 8.07 |
| 2025-09-23 | 8.28 |
| 2025-09-22 | 8.08 |
| 2025-09-19 | 7.69 |
| 2025-09-18 | 7.96 |
| 2025-09-17 | 7.01 |
| 2025-09-16 | 6.76 |
| 2025-09-15 | 6.90 |
| 2025-09-12 | 6.85 |
| 2025-09-11 | 7.05 |
| 2025-09-10 | 6.81 |
| 2025-09-09 | 6.94 |
| 2025-09-08 | 6.80 |
| 2025-09-05 | 6.60 |
| 2025-09-04 | 6.56 |
| 2025-09-03 | 6.43 |
| 2025-09-02 | 6.58 |
| 2025-08-29 | 6.93 |
| 2025-08-28 | 7.36 |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.