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 17.92 is in line with its estimated 5-year average of 17.37, near the low end of its estimated 5-year range (5.53–1002.85).
As of 2026-10-06T18:01:47.867Z. 15.66% below its estimated 12-month average of 21.25.
Calculation as of: 2026-10-06T18:01:47.867Z.
Quote observation: 2026-10-06T17:49:25.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: c683fbcf7a5be6196b34cb829f91a73ddbf07994c0e1e68d76d832115efef523
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
17.92
PB RATIO AVG TTM
21.25
PB RATIO AVG 3Y
23.49
PB RATIO AVG 5Y
17.37
PB RATIO AVG 10Y
24.75
PB RATIO AVG 15Y
21.45
PB RATIO AVG 20Y
21.07
CURRENT VS TTM AVG
-15.66%
CURRENT VS 3Y AVG
-23.71%
CURRENT VS 5Y AVG
+3.18%
CURRENT VS 10Y AVG
-27.61%
CURRENT VS 15Y AVG
-16.45%
CURRENT VS 20Y AVG
-14.95%
SECTOR MEDIAN · HEALTHCARE
2.39
median of 751 covered companies
CURRENT VS SECTOR MEDIAN
+649.79%
vs the sector median at left
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Champions Oncology, Inc. (CSBR) | $69.75M | 17.92 | 21.25 | 23.49 | 17.37 |
| Spero Therapeutics, Inc. (SPRO)vs › | $68.32M | 1.55 | 3.39 | 2.11 | 2.06 |
| Fortress Biotech, Inc. (FBIO)vs › | $68.18M | 0.42 | 1.39 | 1.48 | 1.46 |
| Tiziana Life Sciences Ltd (TLSA)vs › | $68.08M | 1309.30 | N/A | N/A | N/A |
| MindWalk Holdings Corp. (HYFT)vs › | $71.66M | 14.54 | 7.11 | 3.22 | 2.78 |
| iBio, Inc. (IBIO)vs › | $67.20M | 0.78 | 2.38 | 1.32 | 1.05 |
| Gain Therapeutics, Inc. (GANX)vs › | $72.30M | 6.40 | 10.24 | 7.44 | 5.31 |
| XBiotech Inc. (XBIT)vs › | $66.31M | 0.52 | 0.49 | 0.67 | 0.69 |
| Cingulate Inc. (CING)vs › | $66.20M | 2.82 | 5.65 | 4.13 | 250.85 |
| Verrica Pharmaceuticals Inc. (VRCA)vs › | $74.56M | 17.31 | 10.91 | 49.43 | 23.54 |
At 17.92, P/B is near its estimated 19-year median — higher than 44% of readings in its estimated 19-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 19-year low
2.25
median
19.32
estimated 19-year high
38804.72
P/B Ratio
17.92
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 | 17.74 |
| 2026-10-02 | 17.64 |
| 2026-10-01 | 17.42 |
| 2026-09-30 | 17.85 |
| 2026-09-29 | 17.10 |
| 2026-09-28 | 17.60 |
| 2026-09-25 | 17.49 |
| 2026-09-24 | 17.67 |
| 2026-09-23 | 17.92 |
| 2026-09-22 | 18.88 |
| 2026-09-21 | 18.78 |
| 2026-09-18 | 18.92 |
| 2026-09-17 | 18.13 |
| 2026-09-16 | 17.67 |
| 2026-09-15 | 17.03 |
| 2026-09-14 | 17.56 |
| 2026-09-11 | 17.91 |
| 2026-09-10 | 17.91 |
| 2026-09-09 | 17.59 |
| 2026-09-08 | 17.73 |
| 2026-09-04 | 18.33 |
| 2026-09-03 | 18.54 |
| 2026-09-02 | 18.08 |
| 2026-09-01 | 17.56 |
| 2026-08-31 | 17.56 |
| 2026-08-28 | 17.31 |
| 2026-08-27 | 17.63 |
| 2026-08-26 | 17.28 |
| 2026-08-25 | 17.49 |
| 2026-08-24 | 17.45 |
| 2026-08-21 | 17.42 |
| 2026-08-20 | 18.19 |
| 2026-08-19 | 17.35 |
| 2026-08-18 | 17.87 |
| 2026-08-17 | 17.66 |
| 2026-08-14 | 17.80 |
| 2026-08-13 | 17.84 |
| 2026-08-12 | 17.38 |
| 2026-08-11 | 17.52 |
| 2026-08-10 | 18.05 |
| 2026-08-07 | 18.23 |
| 2026-08-06 | 18.23 |
| 2026-08-05 | 18.61 |
| 2026-08-04 | 19.14 |
| 2026-08-03 | 20.23 |
| 2026-07-31 | 18.82 |
| 2026-07-30 | 18.47 |
| 2026-07-29 | 19.17 |
| 2026-07-28 | 19.42 |
| 2026-07-27 | 19.65 |
| 2026-07-24 | 19.88 |
| 2026-07-23 | 19.45 |
| 2026-07-22 | 19.88 |
| 2026-07-21 | 19.78 |
| 2026-07-20 | 19.78 |
| 2026-07-17 | 19.88 |
| 2026-07-16 | 18.94 |
| 2026-07-15 | 18.74 |
| 2026-07-14 | 18.35 |
| 2026-07-13 | 18.84 |
| 2026-07-10 | 18.87 |
| 2026-07-09 | 18.84 |
| 2026-07-08 | 19.68 |
| 2026-07-07 | 19.06 |
| 2026-07-06 | 18.97 |
| 2026-07-02 | 18.68 |
| 2026-07-01 | 19.62 |
| 2026-06-30 | 19.97 |
| 2026-06-29 | 20.85 |
| 2026-06-26 | 21.50 |
| 2026-06-25 | 19.71 |
| 2026-06-24 | 19.91 |
| 2026-06-23 | 20.20 |
| 2026-06-22 | 20.26 |
| 2026-06-18 | 20.49 |
| 2026-06-17 | 22.11 |
| 2026-06-16 | 22.31 |
| 2026-06-15 | 20.56 |
| 2026-06-12 | 21.07 |
| 2026-06-11 | 20.82 |
| 2026-06-10 | 18.55 |
| 2026-06-09 | 18.77 |
| 2026-06-08 | 18.29 |
| 2026-06-05 | 18.32 |
| 2026-06-04 | 18.68 |
| 2026-06-03 | 18.45 |
| 2026-06-02 | 18.58 |
| 2026-06-01 | 18.94 |
| 2026-05-29 | 18.94 |
| 2026-05-28 | 18.97 |
| 2026-05-27 | 19.03 |
| 2026-05-26 | 19.42 |
| 2026-05-22 | 19.49 |
| 2026-05-21 | 19.29 |
| 2026-05-20 | 19.62 |
| 2026-05-19 | 19.39 |
| 2026-05-18 | 19.68 |
| 2026-05-15 | 20.10 |
| 2026-05-14 | 20.13 |
| 2026-05-13 | 19.52 |
| 2026-05-12 | 20.33 |
| 2026-05-11 | 19.49 |
| 2026-05-08 | 19.52 |
| 2026-05-07 | 19.42 |
| 2026-05-06 | 19.39 |
| 2026-05-05 | 19.36 |
| 2026-05-04 | 19.10 |
| 2026-05-01 | 19.42 |
| 2026-04-30 | 19.32 |
| 2026-04-29 | 18.97 |
| 2026-04-28 | 19.16 |
| 2026-04-27 | 19.52 |
| 2026-04-24 | 19.03 |
| 2026-04-23 | 19.58 |
| 2026-04-22 | 19.49 |
| 2026-04-21 | 18.81 |
| 2026-04-20 | 19.71 |
| 2026-04-17 | 19.58 |
| 2026-04-16 | 19.78 |
| 2026-04-15 | 20.04 |
| 2026-04-14 | 18.58 |
| 2026-04-13 | 18.61 |
| 2026-04-10 | 18.64 |
| 2026-04-09 | 18.64 |
| 2026-04-08 | 19.55 |
| 2026-04-07 | 19.91 |
| 2026-04-06 | 19.10 |
| 2026-04-02 | 18.71 |
| 2026-04-01 | 19.19 |
| 2026-03-31 | 18.64 |
| 2026-03-30 | 18.94 |
| 2026-03-27 | 18.61 |
| 2026-03-26 | 18.77 |
| 2026-03-25 | 18.81 |
| 2026-03-24 | 18.84 |
| 2026-03-23 | 19.32 |
| 2026-03-20 | 19.00 |
| 2026-03-19 | 20.10 |
| 2026-03-18 | 18.90 |
| 2026-03-17 | 20.10 |
| 2026-03-16 | 20.26 |
| 2026-03-13 | 19.78 |
| 2026-03-12 | 19.90 |
| 2026-03-11 | 20.46 |
| 2026-03-10 | 20.46 |
| 2026-03-09 | 20.70 |
| 2026-03-06 | 20.35 |
| 2026-03-05 | 19.87 |
| 2026-03-04 | 20.80 |
| 2026-03-03 | 20.80 |
| 2026-03-02 | 21.05 |
| 2026-02-27 | 20.66 |
| 2026-02-26 | 20.77 |
| 2026-02-25 | 20.73 |
| 2026-02-24 | 20.11 |
| 2026-02-23 | 20.28 |
| 2026-02-20 | 20.18 |
| 2026-02-19 | 20.98 |
| 2026-02-18 | 20.14 |
| 2026-02-17 | 20.28 |
| 2026-02-13 | 21.08 |
| 2026-02-12 | 20.63 |
| 2026-02-11 | 20.46 |
| 2026-02-10 | 21.22 |
| 2026-02-09 | 22.71 |
| 2026-02-06 | 22.71 |
| 2026-02-05 | 22.64 |
| 2026-02-04 | 22.81 |
| 2026-02-03 | 24.72 |
| 2026-02-02 | 24.72 |
| 2026-01-30 | 25.34 |
| 2026-01-29 | 25.73 |
| 2026-01-28 | 26.42 |
| 2026-01-27 | 26.66 |
| 2026-01-26 | 23.68 |
| 2026-01-23 | 23.40 |
| 2026-01-22 | 24.03 |
| 2026-01-21 | 24.58 |
| 2026-01-20 | 24.27 |
| 2026-01-16 | 25.00 |
| 2026-01-15 | 24.86 |
| 2026-01-14 | 24.89 |
| 2026-01-13 | 24.48 |
| 2026-01-12 | 23.30 |
| 2026-01-09 | 23.51 |
| 2026-01-08 | 23.54 |
| 2026-01-07 | 23.40 |
| 2026-01-06 | 22.92 |
| 2026-01-05 | 23.26 |
| 2026-01-02 | 23.09 |
| 2025-12-31 | 23.96 |
| 2025-12-30 | 22.71 |
| 2025-12-29 | 23.92 |
| 2025-12-26 | 24.20 |
| 2025-12-24 | 24.44 |
| 2025-12-23 | 24.51 |
| 2025-12-22 | 25.14 |
| 2025-12-19 | 25.03 |
| 2025-12-18 | 25.03 |
| 2025-12-17 | 21.91 |
| 2025-12-16 | 23.33 |
| 2025-12-15 | 30.66 |
| 2025-12-12 | 26.41 |
| 2025-12-11 | 24.76 |
| 2025-12-10 | 24.21 |
| 2025-12-09 | 24.64 |
| 2025-12-08 | 24.61 |
| 2025-12-05 | 23.74 |
| 2025-12-04 | 23.98 |
| 2025-12-03 | 23.54 |
| 2025-12-02 | 23.82 |
| 2025-12-01 | 23.58 |
| 2025-11-28 | 25.71 |
| 2025-11-26 | 25.55 |
| 2025-11-25 | 25.55 |
| 2025-11-24 | 25.71 |
| 2025-11-21 | 26.61 |
| 2025-11-20 | 26.18 |
| 2025-11-19 | 26.92 |
| 2025-11-18 | 26.92 |
| 2025-11-17 | 26.53 |
| 2025-11-14 | 26.73 |
| 2025-11-13 | 27.12 |
| 2025-11-12 | 27.00 |
| 2025-11-11 | 27.51 |
| 2025-11-10 | 26.65 |
| 2025-11-07 | 26.49 |
| 2025-11-06 | 27.04 |
| 2025-11-05 | 26.73 |
| 2025-11-04 | 26.57 |
| 2025-11-03 | 26.73 |
| 2025-10-31 | 26.89 |
| 2025-10-30 | 26.77 |
| 2025-10-29 | 26.57 |
| 2025-10-28 | 26.73 |
| 2025-10-27 | 26.81 |
| 2025-10-24 | 27.08 |
| 2025-10-23 | 26.53 |
| 2025-10-22 | 26.33 |
| 2025-10-21 | 26.10 |
| 2025-10-20 | 25.67 |
| 2025-10-17 | 25.51 |
| 2025-10-16 | 25.78 |
| 2025-10-15 | 25.86 |
| 2025-10-14 | 25.98 |
| 2025-10-13 | 25.59 |
| 2025-10-10 | 25.71 |
| 2025-10-09 | 25.78 |
| 2025-10-08 | 25.43 |
| 2025-10-07 | 25.71 |
| 2025-10-06 | 25.23 |
| 2025-10-03 | 24.76 |
| 2025-10-02 | 25.12 |
| 2025-10-01 | 25.16 |
| 2025-09-30 | 25.47 |
| 2025-09-29 | 25.08 |
| 2025-09-26 | 24.76 |
| 2025-09-25 | 25.12 |
| 2025-09-24 | 25.35 |
| 2025-09-23 | 26.02 |
Showing the most recent 260 of 4,072 data points. The chart above shows the full history.