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 2.10 is in line with its estimated 5-year average of 2.10, near the low end of its estimated 5-year range (0.28–20.65).
As of 2026-10-06T14:16:14.221Z. 15.39% below its estimated 12-month average of 2.48.
Calculation as of: 2026-10-06T14:16:14.221Z.
Quote observation: 2026-10-06T14:15:04.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: ea268c636d02c1563f9a0cc17fa45ef3048b6802d4031696aa30e1bc9d7aaf2a
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
2.10
PB RATIO AVG TTM
2.48
PB RATIO AVG 3Y
1.93
PB RATIO AVG 5Y
2.10
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-15.39%
CURRENT VS 3Y AVG
+8.92%
CURRENT VS 5Y AVG
-0.22%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.48
median of 501 covered companies
CURRENT VS SECTOR MEDIAN
-15.32%
vs the sector median at left
Connect Biopharma Holdings Limited
Market Cap
$56.29M
PB Ratio
2.10
TTM Avg
2.48
3Y Avg
1.93
5Y Avg
2.10
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Connect Biopharma Holdings Limited (CNTB) | $56.29M | 2.10 | 2.48 | 1.93 | 2.10 |
| eXoZymes, Inc. (EXOZ)vs › | $55.97M | 15.32 | 23.34 | 19.23 | 19.23 |
| Spectral AI, Inc. (MDAI)vs › | $56.65M | N/A | 27.03 | 27.03 | 27.03 |
| Apollomics, Inc. (APLM)vs › | $53.17M | N/A | 2.23 | 1.92 | 1.92 |
| Dogwood Therapeutics, Inc. (DWTX)vs › | $54.14M | 0.79 | 0.72 | 1.87 | 2.54 |
| Boundless Bio, Inc. (BOLD)vs › | $57.31M | 0.87 | N/A | N/A | N/A |
| Aldeyra The (ALDX)vs › | $58.80M | 1.55 | 4.03 | 3.30 | 2.88 |
| ImageneBio Inc (IMA)vs › | $53.01M | 0.37 | 0.45 | 0.40 | 0.73 |
| MiNK Therapeutics, Inc. (INKT)vs › | $58.91M | N/A | 6.85 | 6.82 | 6.82 |
| Fractyl Health, Inc. (GUTS)vs › | $58.57M | N/A | 7.09 | 5.05 | 5.05 |
At 2.10, P/B is near its estimated 5-year median — higher than 54% of readings in its estimated 5-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 5-year low
0.28
median
1.96
estimated 5-year high
23.51
P/B Ratio
2.10
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 | 2.10 |
| 2026-10-02 | 2.17 |
| 2026-10-01 | 2.29 |
| 2026-09-30 | 2.58 |
| 2026-09-29 | 2.32 |
| 2026-09-28 | 2.53 |
| 2026-09-25 | 2.53 |
| 2026-09-24 | 2.58 |
| 2026-09-23 | 2.50 |
| 2026-09-22 | 2.86 |
| 2026-09-21 | 3.09 |
| 2026-09-18 | 3.00 |
| 2026-09-17 | 3.02 |
| 2026-09-16 | 2.90 |
| 2026-09-15 | 2.74 |
| 2026-09-14 | 4.05 |
| 2026-09-11 | 4.78 |
| 2026-09-10 | 4.82 |
| 2026-09-09 | 4.71 |
| 2026-09-08 | 4.47 |
| 2026-09-04 | 4.31 |
| 2026-09-03 | 4.52 |
| 2026-09-02 | 6.46 |
| 2026-09-01 | 5.52 |
| 2026-08-31 | 5.15 |
| 2026-08-28 | 5.22 |
| 2026-08-27 | 5.34 |
| 2026-08-26 | 5.45 |
| 2026-08-25 | 5.74 |
| 2026-08-24 | 5.38 |
| 2026-08-21 | 5.52 |
| 2026-08-20 | 5.34 |
| 2026-08-19 | 5.76 |
| 2026-08-18 | 5.69 |
| 2026-08-17 | 5.83 |
| 2026-08-14 | 5.97 |
| 2026-08-13 | 5.95 |
| 2026-08-12 | 3.09 |
| 2026-08-11 | 2.97 |
| 2026-08-10 | 2.85 |
| 2026-08-07 | 2.93 |
| 2026-08-06 | 2.90 |
| 2026-08-05 | 2.89 |
| 2026-08-04 | 2.74 |
| 2026-08-03 | 2.61 |
| 2026-07-31 | 2.68 |
| 2026-07-30 | 2.77 |
| 2026-07-29 | 2.72 |
| 2026-07-28 | 2.76 |
| 2026-07-27 | 2.78 |
| 2026-07-24 | 2.84 |
| 2026-07-23 | 2.92 |
| 2026-07-22 | 2.92 |
| 2026-07-21 | 2.93 |
| 2026-07-20 | 2.92 |
| 2026-07-17 | 3.16 |
| 2026-07-16 | 3.10 |
| 2026-07-15 | 3.22 |
| 2026-07-14 | 3.13 |
| 2026-07-13 | 3.00 |
| 2026-07-10 | 3.33 |
| 2026-07-09 | 3.53 |
| 2026-07-08 | 2.94 |
| 2026-07-07 | 2.93 |
| 2026-07-06 | 3.13 |
| 2026-07-02 | 3.26 |
| 2026-07-01 | 3.17 |
| 2026-06-30 | 3.16 |
| 2026-06-29 | 3.16 |
| 2026-06-26 | 2.90 |
| 2026-06-25 | 2.74 |
| 2026-06-24 | 2.81 |
| 2026-06-23 | 2.77 |
| 2026-06-22 | 2.64 |
| 2026-06-18 | 2.65 |
| 2026-06-17 | 2.76 |
| 2026-06-16 | 2.64 |
| 2026-06-15 | 2.73 |
| 2026-06-12 | 2.81 |
| 2026-06-11 | 2.78 |
| 2026-06-10 | 2.76 |
| 2026-06-09 | 2.81 |
| 2026-06-08 | 2.92 |
| 2026-06-05 | 2.88 |
| 2026-06-04 | 3.05 |
| 2026-06-03 | 2.96 |
| 2026-06-02 | 2.85 |
| 2026-06-01 | 3.10 |
| 2026-05-29 | 3.30 |
| 2026-05-28 | 3.16 |
| 2026-05-27 | 3.18 |
| 2026-05-26 | 3.18 |
| 2026-05-22 | 3.12 |
| 2026-05-21 | 3.13 |
| 2026-05-20 | 3.06 |
| 2026-05-19 | 2.90 |
| 2026-05-18 | 3.16 |
| 2026-05-15 | 3.16 |
| 2026-05-14 | 3.29 |
| 2026-05-13 | 3.25 |
| 2026-05-12 | 3.55 |
| 2026-05-11 | 3.10 |
| 2026-05-08 | 3.13 |
| 2026-05-07 | 3.09 |
| 2026-05-06 | 3.29 |
| 2026-05-05 | 3.27 |
| 2026-05-04 | 3.29 |
| 2026-05-01 | 3.27 |
| 2026-04-30 | 3.27 |
| 2026-04-29 | 3.35 |
| 2026-04-28 | 3.18 |
| 2026-04-27 | 3.25 |
| 2026-04-24 | 3.34 |
| 2026-04-23 | 3.34 |
| 2026-04-22 | 3.45 |
| 2026-04-21 | 3.42 |
| 2026-04-20 | 3.55 |
| 2026-04-17 | 3.73 |
| 2026-04-16 | 3.96 |
| 2026-04-15 | 3.88 |
| 2026-04-14 | 4.04 |
| 2026-04-13 | 3.75 |
| 2026-04-10 | 3.74 |
| 2026-04-09 | 3.69 |
| 2026-04-08 | 3.49 |
| 2026-04-07 | 3.74 |
| 2026-04-06 | 3.79 |
| 2026-04-02 | 3.96 |
| 2026-04-01 | 3.61 |
| 2026-03-31 | 2.04 |
| 2026-03-30 | 2.26 |
| 2026-03-27 | 2.68 |
| 2026-03-26 | 2.87 |
| 2026-03-25 | 2.61 |
| 2026-03-24 | 2.43 |
| 2026-03-23 | 2.29 |
| 2026-03-20 | 2.15 |
| 2026-03-19 | 2.23 |
| 2026-03-18 | 2.12 |
| 2026-03-17 | 2.11 |
| 2026-03-16 | 2.10 |
| 2026-03-13 | 2.09 |
| 2026-03-12 | 2.18 |
| 2026-03-11 | 2.35 |
| 2026-03-10 | 2.17 |
| 2026-03-09 | 2.06 |
| 2026-03-06 | 1.93 |
| 2026-03-05 | 1.91 |
| 2026-03-04 | 2.01 |
| 2026-03-03 | 1.93 |
| 2026-03-02 | 1.94 |
| 2026-02-27 | 1.92 |
| 2026-02-26 | 1.96 |
| 2026-02-25 | 2.01 |
| 2026-02-24 | 1.91 |
| 2026-02-23 | 2.02 |
| 2026-02-20 | 2.06 |
| 2026-02-19 | 2.26 |
| 2026-02-18 | 2.28 |
| 2026-02-17 | 2.21 |
| 2026-02-13 | 2.02 |
| 2026-02-12 | 1.92 |
| 2026-02-11 | 2.08 |
| 2026-02-10 | 2.06 |
| 2026-02-09 | 2.12 |
| 2026-02-06 | 1.89 |
| 2026-02-05 | 1.79 |
| 2026-02-04 | 1.81 |
| 2026-02-03 | 2.06 |
| 2026-02-02 | 1.91 |
| 2026-01-30 | 1.87 |
| 2026-01-29 | 1.98 |
| 2026-01-28 | 1.93 |
| 2026-01-27 | 2.06 |
| 2026-01-26 | 2.02 |
| 2026-01-23 | 1.98 |
| 2026-01-22 | 2.07 |
| 2026-01-21 | 1.94 |
| 2026-01-20 | 1.79 |
| 2026-01-16 | 1.68 |
| 2026-01-15 | 1.73 |
| 2026-01-14 | 1.70 |
| 2026-01-13 | 1.70 |
| 2026-01-12 | 1.65 |
| 2026-01-09 | 1.67 |
| 2026-01-08 | 1.73 |
| 2026-01-07 | 1.83 |
| 2026-01-06 | 1.76 |
| 2026-01-05 | 1.87 |
| 2026-01-02 | 1.96 |
| 2025-12-31 | 2.19 |
| 2025-12-30 | 2.10 |
| 2025-12-29 | 2.08 |
| 2025-12-26 | 2.09 |
| 2025-12-24 | 2.12 |
| 2025-12-23 | 2.02 |
| 2025-12-22 | 1.98 |
| 2025-12-19 | 1.77 |
| 2025-12-18 | 1.79 |
| 2025-12-17 | 1.75 |
| 2025-12-16 | 1.84 |
| 2025-12-15 | 1.79 |
| 2025-12-12 | 1.94 |
| 2025-12-11 | 1.89 |
| 2025-12-10 | 1.83 |
| 2025-12-09 | 1.85 |
| 2025-12-08 | 1.87 |
| 2025-12-05 | 1.87 |
| 2025-12-04 | 1.98 |
| 2025-12-03 | 2.06 |
| 2025-12-02 | 2.07 |
| 2025-12-01 | 2.15 |
| 2025-11-28 | 2.19 |
| 2025-11-26 | 2.20 |
| 2025-11-25 | 2.16 |
| 2025-11-24 | 2.26 |
| 2025-11-21 | 2.36 |
| 2025-11-20 | 2.45 |
| 2025-11-19 | 2.45 |
| 2025-11-18 | 2.00 |
| 2025-11-17 | 1.94 |
| 2025-11-14 | 1.65 |
| 2025-11-13 | 1.31 |
| 2025-11-12 | 1.25 |
| 2025-11-11 | 1.18 |
| 2025-11-10 | 1.18 |
| 2025-11-07 | 1.21 |
| 2025-11-06 | 1.29 |
| 2025-11-05 | 1.31 |
| 2025-11-04 | 1.31 |
| 2025-11-03 | 1.28 |
| 2025-10-31 | 1.33 |
| 2025-10-30 | 1.21 |
| 2025-10-29 | 1.23 |
| 2025-10-28 | 1.20 |
| 2025-10-27 | 1.24 |
| 2025-10-24 | 1.32 |
| 2025-10-23 | 1.26 |
| 2025-10-22 | 1.21 |
| 2025-10-21 | 1.31 |
| 2025-10-20 | 1.37 |
| 2025-10-17 | 1.35 |
| 2025-10-16 | 1.42 |
| 2025-10-15 | 1.45 |
| 2025-10-14 | 1.42 |
| 2025-10-13 | 1.42 |
| 2025-10-10 | 1.45 |
| 2025-10-09 | 1.54 |
| 2025-10-08 | 1.42 |
| 2025-10-07 | 1.38 |
| 2025-10-06 | 1.24 |
| 2025-10-03 | 1.16 |
| 2025-10-02 | 1.08 |
| 2025-10-01 | 1.17 |
| 2025-09-30 | 1.17 |
| 2025-09-29 | 1.03 |
| 2025-09-26 | 1.23 |
| 2025-09-25 | 1.31 |
| 2025-09-24 | 1.34 |
| 2025-09-23 | 1.26 |
Showing the most recent 260 of 1,278 data points. The chart above shows the full history.
