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 4.96 is 72% above its estimated 1-year average of 2.88, near the high end of its estimated 1-year range (1.27–5.45).
As of 2026-10-06T13:35:56.929Z. 72.45% above its estimated 12-month average of 2.88.
Calculation as of: 2026-10-06T13:35:56.929Z.
Quote observation: 2026-10-06T13:34:23.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 396f74b358d2be52688229160785b883c1ccba5e7e57b4b59ce0869c705c56f9
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
4.96
PB RATIO AVG TTM
2.88
PB RATIO AVG 3Y
N/A
PB RATIO AVG 5Y
N/A
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+72.45%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.55
median of 461 covered companies
CURRENT VS SECTOR MEDIAN
+94.51%
vs the sector median at left
Market Cap
$417.53M
PB Ratio
2.43
TTM Avg
1.24
3Y Avg
1.89
5Y Avg
2.28
Market Cap
$411.72M
PB Ratio
0.88
TTM Avg
1.14
3Y Avg
1.14
5Y Avg
1.14
Market Cap
$444.17M
PB Ratio
1.80
TTM Avg
6.76
3Y Avg
9.79
5Y Avg
10.19
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carlsmed, Inc. (CARL) | $417.83M | 4.96 | 2.88 | N/A | N/A |
| Arcturus Therapeutics Holdings Inc. (ARCT)vs › | $417.53M | 2.43 | 1.24 | 1.89 | 2.28 |
| Atea Pharmaceuticals, Inc. (AVIR)vs › | $410.54M | 2.01 | 1.37 | 0.85 | 0.86 |
| Eikon Therapeutics, Inc. Common Stock (EIKN)vs › | $411.72M | 0.88 | 1.14 | 1.14 | 1.14 |
| Shoulder Innovations, Inc. (SI)vs › | $405.64M | 3.26 | 2.49 | 2.49 | 2.49 |
| Editas Medicine, Inc. (EDIT)vs › | $435.83M | 4.14 | 24.41 | 9.76 | 6.69 |
| Capricor Therapeutics, Inc. (CAPR)vs › | $444.17M | 1.80 | 6.76 | 9.79 | 10.19 |
| Assembly Biosciences, Inc. (ASMB)vs › | $449.75M | 1.47 | 2.81 | 3.05 | 2.11 |
| Kyverna Therapeutics, Inc. (KYTX)vs › | $383.31M | 2.32 | 2.33 | 1.35 | 1.35 |
| DiaMedica Therapeutics Inc. (DMAC)vs › | $459.52M | 11.99 | 8.04 | 5.21 | 3.76 |
At 4.96, P/B is above its estimated 1-year median — higher than 93% of readings in its estimated 1-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 1-year low
1.27
median
2.81
estimated 1-year high
5.45
P/B Ratio
4.96
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 | 4.94 |
| 2026-10-02 | 4.61 |
| 2026-10-01 | 4.44 |
| 2026-09-30 | 4.54 |
| 2026-09-29 | 4.55 |
| 2026-09-28 | 4.58 |
| 2026-09-25 | 4.87 |
| 2026-09-24 | 4.78 |
| 2026-09-23 | 4.76 |
| 2026-09-22 | 4.98 |
| 2026-09-21 | 5.03 |
| 2026-09-18 | 5.03 |
| 2026-09-17 | 4.97 |
| 2026-09-16 | 4.94 |
| 2026-09-15 | 4.92 |
| 2026-09-14 | 4.95 |
| 2026-09-11 | 4.75 |
| 2026-09-10 | 4.76 |
| 2026-09-09 | 4.84 |
| 2026-09-08 | 4.92 |
| 2026-09-04 | 5.03 |
| 2026-09-03 | 5.01 |
| 2026-09-02 | 5.27 |
| 2026-09-01 | 5.28 |
| 2026-08-31 | 5.26 |
| 2026-08-28 | 5.45 |
| 2026-08-27 | 5.41 |
| 2026-08-26 | 5.22 |
| 2026-08-25 | 5.19 |
| 2026-08-24 | 5.10 |
| 2026-08-21 | 5.18 |
| 2026-08-20 | 5.33 |
| 2026-08-19 | 5.01 |
| 2026-08-18 | 4.80 |
| 2026-08-17 | 4.45 |
| 2026-08-14 | 4.62 |
| 2026-08-13 | 4.52 |
| 2026-08-12 | 4.43 |
| 2026-08-11 | 4.43 |
| 2026-08-10 | 4.43 |
| 2026-08-07 | 4.46 |
| 2026-08-06 | 4.42 |
| 2026-08-05 | 3.94 |
| 2026-08-04 | 3.91 |
| 2026-08-03 | 3.76 |
| 2026-07-31 | 3.66 |
| 2026-07-30 | 3.68 |
| 2026-07-29 | 3.72 |
| 2026-07-28 | 3.58 |
| 2026-07-27 | 3.33 |
| 2026-07-24 | 3.14 |
| 2026-07-23 | 3.20 |
| 2026-07-22 | 3.21 |
| 2026-07-21 | 3.35 |
| 2026-07-20 | 3.30 |
| 2026-07-17 | 3.39 |
| 2026-07-16 | 3.44 |
| 2026-07-15 | 3.22 |
| 2026-07-14 | 3.14 |
| 2026-07-13 | 3.52 |
| 2026-07-10 | 3.46 |
| 2026-07-09 | 3.55 |
| 2026-07-08 | 3.52 |
| 2026-07-07 | 3.66 |
| 2026-07-06 | 3.58 |
| 2026-07-02 | 3.30 |
| 2026-07-01 | 3.41 |
| 2026-06-30 | 3.02 |
| 2026-06-29 | 3.23 |
| 2026-06-26 | 3.42 |
| 2026-06-25 | 3.27 |
| 2026-06-24 | 3.23 |
| 2026-06-23 | 3.11 |
| 2026-06-22 | 2.86 |
| 2026-06-18 | 2.93 |
| 2026-06-17 | 2.90 |
| 2026-06-16 | 3.07 |
| 2026-06-15 | 3.21 |
| 2026-06-12 | 3.32 |
| 2026-06-11 | 3.38 |
| 2026-06-10 | 3.33 |
| 2026-06-09 | 3.28 |
| 2026-06-08 | 3.21 |
| 2026-06-05 | 3.22 |
| 2026-06-04 | 3.24 |
| 2026-06-03 | 2.97 |
| 2026-06-02 | 2.96 |
| 2026-06-01 | 3.23 |
| 2026-05-29 | 3.32 |
| 2026-05-28 | 3.44 |
| 2026-05-27 | 3.41 |
| 2026-05-26 | 3.46 |
| 2026-05-22 | 3.52 |
| 2026-05-21 | 3.68 |
| 2026-05-20 | 3.42 |
| 2026-05-19 | 3.28 |
| 2026-05-18 | 3.18 |
| 2026-05-15 | 3.20 |
| 2026-05-14 | 3.13 |
| 2026-05-13 | 2.98 |
| 2026-05-12 | 2.86 |
| 2026-05-11 | 2.81 |
| 2026-05-08 | 2.85 |
| 2026-05-07 | 2.84 |
| 2026-05-06 | 2.86 |
| 2026-05-05 | 1.28 |
| 2026-05-04 | 1.31 |
| 2026-05-01 | 1.36 |
| 2026-04-30 | 1.28 |
| 2026-04-29 | 1.27 |
| 2026-04-28 | 1.30 |
| 2026-04-27 | 1.42 |
| 2026-04-24 | 1.47 |
| 2026-04-23 | 1.45 |
| 2026-04-22 | 1.53 |
| 2026-04-21 | 1.55 |
| 2026-04-20 | 1.57 |
| 2026-04-17 | 1.58 |
| 2026-04-16 | 1.54 |
| 2026-04-15 | 1.58 |
| 2026-04-14 | 1.50 |
| 2026-04-13 | 1.40 |
| 2026-04-10 | 1.29 |
| 2026-04-09 | 1.40 |
| 2026-04-08 | 1.44 |
| 2026-04-07 | 1.40 |
| 2026-04-06 | 1.39 |
| 2026-04-02 | 1.40 |
| 2026-04-01 | 1.39 |
| 2026-03-31 | 1.30 |
| 2026-03-30 | 1.33 |
| 2026-03-27 | 1.39 |
| 2026-03-26 | 1.42 |
| 2026-03-25 | 1.45 |
| 2026-03-24 | 1.47 |
| 2026-03-23 | 1.50 |
| 2026-03-20 | 1.44 |
| 2026-03-19 | 1.56 |
| 2026-03-18 | 1.58 |
| 2026-03-17 | 1.68 |
| 2026-03-16 | 1.68 |
| 2026-03-13 | 1.64 |
| 2026-03-12 | 1.63 |
| 2026-03-11 | 1.68 |
| 2026-03-10 | 1.70 |
| 2026-03-09 | 1.72 |
| 2026-03-06 | 1.73 |
| 2026-03-05 | 1.77 |
| 2026-03-04 | 1.87 |
| 2026-03-03 | 1.90 |
| 2026-03-02 | 1.92 |
| 2026-02-27 | 2.10 |
| 2026-02-26 | 2.09 |
| 2026-02-25 | 2.48 |
| 2026-02-24 | 2.58 |
| 2026-02-23 | 2.58 |
| 2026-02-20 | 2.52 |
| 2026-02-19 | 2.47 |
| 2026-02-18 | 2.34 |
| 2026-02-17 | 2.21 |
| 2026-02-13 | 2.16 |
| 2026-02-12 | 2.13 |
| 2026-02-11 | 2.26 |
| 2026-02-10 | 2.38 |
| 2026-02-09 | 2.38 |
| 2026-02-06 | 2.31 |
| 2026-02-05 | 2.23 |
| 2026-02-04 | 2.27 |
| 2026-02-03 | 2.36 |
| 2026-02-02 | 2.46 |
| 2026-01-30 | 2.45 |
| 2026-01-29 | 2.50 |
| 2026-01-28 | 2.54 |
| 2026-01-27 | 2.66 |
| 2026-01-26 | 2.61 |
| 2026-01-23 | 2.61 |
| 2026-01-22 | 2.62 |
| 2026-01-21 | 2.61 |
| 2026-01-20 | 2.51 |
| 2026-01-16 | 2.48 |
| 2026-01-15 | 2.68 |
| 2026-01-14 | 2.52 |
| 2026-01-13 | 2.82 |
| 2026-01-12 | 2.85 |
| 2026-01-09 | 2.51 |
| 2026-01-08 | 2.54 |
| 2026-01-07 | 2.53 |
| 2026-01-06 | 2.46 |
| 2026-01-05 | 2.39 |
| 2026-01-02 | 2.30 |
| 2025-12-31 | 2.44 |
| 2025-12-30 | 2.63 |
| 2025-12-29 | 2.60 |
| 2025-12-26 | 2.71 |
| 2025-12-24 | 2.73 |
| 2025-12-23 | 2.67 |
| 2025-12-22 | 2.57 |
| 2025-12-19 | 2.54 |
| 2025-12-18 | 2.48 |
| 2025-12-17 | 2.49 |
| 2025-12-16 | 2.49 |
| 2025-12-15 | 2.55 |
| 2025-12-12 | 2.56 |
| 2025-12-11 | 2.60 |
| 2025-12-10 | 2.51 |
| 2025-12-09 | 2.56 |
| 2025-12-08 | 2.43 |
| 2025-12-05 | 2.62 |
| 2025-12-04 | 2.85 |
| 2025-12-03 | 3.36 |
| 2025-12-02 | 2.99 |
| 2025-12-01 | 2.96 |
| 2025-11-28 | 3.22 |
| 2025-11-26 | 3.20 |
| 2025-11-25 | 2.92 |
| 2025-11-24 | 2.75 |
| 2025-11-21 | 2.47 |
| 2025-11-20 | 2.34 |
| 2025-11-19 | 2.34 |
| 2025-11-18 | 2.42 |
| 2025-11-17 | 2.43 |
| 2025-11-14 | 2.59 |
| 2025-11-13 | 2.51 |
| 2025-11-12 | 2.44 |
| 2025-11-11 | 2.41 |
| 2025-11-10 | 2.49 |
| 2025-11-07 | 2.70 |