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 8.44 is 61% above its estimated 5-year average of 5.23, around the middle of its estimated 5-year range (3.97–10.61).
As of 2026-09-16T22:35:25.201Z. 12.22% above its estimated 12-month average of 7.52.
Calculation as of: 2026-09-16T22:35:25.201Z.
Quote observation: 2026-09-16T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: a4506bc112dd81f700adcb64c8e59928e6e72a6fbe5aea46c6b8b48e46bd37d0
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 2026-09-11.
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
8.44
PB RATIO AVG TTM
7.52
PB RATIO AVG 3Y
5.52
PB RATIO AVG 5Y
5.23
PB RATIO AVG 10Y
4.86
PB RATIO AVG 15Y
4.08
PB RATIO AVG 20Y
4.05
CURRENT VS TTM AVG
+12.22%
CURRENT VS 3Y AVG
+52.89%
CURRENT VS 5Y AVG
+61.46%
CURRENT VS 10Y AVG
+73.64%
CURRENT VS 15Y AVG
+107.06%
CURRENT VS 20Y AVG
+108.31%
SECTOR MEDIAN · TECHNOLOGY
6.37
median of 184 covered companies
CURRENT VS SECTOR MEDIAN
+32.60%
vs the sector median at left
Market Cap
$400.30B
PB Ratio
40.95
TTM Avg
55.98
3Y Avg
39.89
5Y Avg
28.27
Market Cap
$336.69B
PB Ratio
27.00
TTM Avg
28.66
3Y Avg
18.08
5Y Avg
15.19
Market Cap
$306.15B
PB Ratio
11.14
TTM Avg
13.82
3Y Avg
23.75
5Y Avg
77.93
Market Cap
$260.57B
PB Ratio
30.19
TTM Avg
26.25
3Y Avg
25.18
5Y Avg
25.18
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cisco Systems, Inc. (CSCO) | $424.65B | 8.44 | 7.52 | 5.52 | 5.23 |
| Oracle Corporation (ORCL)vs › | $412.58B | 6.14 | 18.01 | 45.16 | 63.19 |
| Palantir Technologies Inc. (PLTR)vs › | $400.30B | 40.95 | 55.98 | 39.89 | 28.27 |
| Dell Technologies Inc. (DELL)vs › | $374.18B | N/A | 8.85 | 31.59 | 14.79 |
| Intel Corp. (INTC)vs › | $509.70B | 5.82 | 3.16 | 1.86 | 1.77 |
| Lam Research Corporation (LRCX)vs › | $336.69B | 27.00 | 28.66 | 18.08 | 15.19 |
| Applied Materials, Inc. (AMAT)vs › | $329.79B | 12.87 | 13.47 | 10.05 | 9.44 |
| Palo Alto Networks, Inc. (PANW)vs › | $306.15B | 11.14 | 13.82 | 23.75 | 77.93 |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $260.57B | 30.19 | 26.25 | 25.18 | 25.18 |
| Arista Networks, Inc. (ANET)vs › | $248.74B | 16.81 | 15.37 | 13.67 | 11.96 |
At 8.44, P/B is above its estimated 20-year median — higher than 98% 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
1.61
median
4.21
estimated 20-year high
10.61
P/B Ratio
8.44
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 |
|---|---|
| 2026-09-11 | 8.89 |
| 2026-09-10 | 8.52 |
| 2026-09-09 | 8.68 |
| 2026-09-08 | 8.66 |
| 2026-09-04 | 8.66 |
| 2026-09-03 | 8.61 |
| 2026-09-02 | 8.93 |
| 2026-09-01 | 8.95 |
| 2026-08-31 | 9.02 |
| 2026-08-28 | 8.97 |
| 2026-08-27 | 9.15 |
| 2026-08-26 | 9.17 |
| 2026-08-25 | 9.07 |
| 2026-08-24 | 8.99 |
| 2026-08-21 | 9.06 |
| 2026-08-20 | 8.94 |
| 2026-08-19 | 9.02 |
| 2026-08-18 | 9.11 |
| 2026-08-17 | 9.21 |
| 2026-08-14 | 9.11 |
| 2026-08-13 | 9.26 |
| 2026-08-12 | 10.11 |
| 2026-08-11 | 9.83 |
| 2026-08-10 | 10.00 |
| 2026-08-07 | 9.91 |
| 2026-08-06 | 9.86 |
| 2026-08-05 | 9.91 |
| 2026-08-04 | 9.93 |
| 2026-08-03 | 9.45 |
| 2026-07-31 | 9.46 |
| 2026-07-30 | 9.27 |
| 2026-07-29 | 9.18 |
| 2026-07-28 | 9.43 |
| 2026-07-27 | 9.35 |
| 2026-07-24 | 9.32 |
| 2026-07-23 | 9.20 |
| 2026-07-22 | 9.16 |
| 2026-07-21 | 9.15 |
| 2026-07-20 | 9.03 |
| 2026-07-17 | 9.13 |
| 2026-07-16 | 8.95 |
| 2026-07-15 | 9.12 |
| 2026-07-14 | 9.55 |
| 2026-07-13 | 9.73 |
| 2026-07-10 | 9.90 |
| 2026-07-09 | 9.65 |
| 2026-07-08 | 9.29 |
| 2026-07-07 | 9.12 |
| 2026-07-06 | 9.30 |
| 2026-07-02 | 9.20 |
| 2026-07-01 | 9.55 |
| 2026-06-30 | 9.58 |
| 2026-06-29 | 9.60 |
| 2026-06-26 | 9.28 |
| 2026-06-25 | 9.71 |
| 2026-06-24 | 9.77 |
| 2026-06-23 | 9.89 |
| 2026-06-22 | 9.92 |
| 2026-06-18 | 9.75 |
| 2026-06-17 | 9.57 |
| 2026-06-16 | 9.76 |
| 2026-06-15 | 9.81 |
| 2026-06-12 | 9.88 |
| 2026-06-11 | 9.94 |
| 2026-06-10 | 9.69 |
| 2026-06-09 | 9.82 |
| 2026-06-08 | 10.13 |
| 2026-06-05 | 9.93 |
| 2026-06-04 | 10.61 |
| 2026-06-03 | 10.32 |
| 2026-06-02 | 10.44 |
| 2026-06-01 | 9.90 |
| 2026-05-29 | 9.83 |
| 2026-05-28 | 9.68 |
| 2026-05-27 | 9.76 |
| 2026-05-26 | 9.66 |
| 2026-05-22 | 9.83 |
| 2026-05-21 | 9.64 |
| 2026-05-20 | 9.33 |
| 2026-05-19 | 9.64 |
| 2026-05-18 | 9.93 |
| 2026-05-15 | 9.88 |
| 2026-05-14 | 9.65 |
| 2026-05-13 | 8.51 |
| 2026-05-12 | 8.30 |
| 2026-05-11 | 8.25 |
| 2026-05-08 | 8.07 |
| 2026-05-07 | 7.70 |
| 2026-05-06 | 7.66 |
| 2026-05-05 | 7.88 |
| 2026-05-04 | 7.74 |
| 2026-05-01 | 7.67 |
| 2026-04-30 | 7.64 |
| 2026-04-29 | 7.48 |
| 2026-04-28 | 7.26 |
| 2026-04-27 | 7.37 |
| 2026-04-24 | 7.44 |
| 2026-04-23 | 7.40 |
| 2026-04-22 | 7.50 |
| 2026-04-21 | 7.49 |
| 2026-04-20 | 7.33 |
| 2026-04-17 | 7.21 |
| 2026-04-16 | 7.06 |
| 2026-04-15 | 6.88 |
| 2026-04-14 | 6.90 |
| 2026-04-13 | 6.88 |
| 2026-04-10 | 6.87 |
| 2026-04-09 | 6.95 |
| 2026-04-08 | 6.99 |
| 2026-04-07 | 6.74 |
| 2026-04-06 | 6.72 |
| 2026-04-02 | 6.60 |
| 2026-04-01 | 6.51 |
| 2026-03-31 | 6.48 |
| 2026-03-30 | 6.44 |
| 2026-03-27 | 6.68 |
| 2026-03-26 | 6.86 |
| 2026-03-25 | 6.84 |
| 2026-03-24 | 6.76 |
| 2026-03-23 | 6.58 |
| 2026-03-20 | 6.49 |
| 2026-03-19 | 6.56 |
| 2026-03-18 | 6.48 |
| 2026-03-17 | 6.62 |
| 2026-03-16 | 6.59 |
| 2026-03-13 | 6.54 |
| 2026-03-12 | 6.49 |
| 2026-03-11 | 6.52 |
| 2026-03-10 | 6.49 |
| 2026-03-09 | 6.37 |
| 2026-03-06 | 6.57 |
| 2026-03-05 | 6.68 |
| 2026-03-04 | 6.76 |
| 2026-03-03 | 6.60 |
| 2026-03-02 | 6.64 |
| 2026-02-27 | 6.64 |
| 2026-02-26 | 6.52 |
| 2026-02-25 | 6.61 |
| 2026-02-24 | 6.53 |
| 2026-02-23 | 6.49 |
| 2026-02-20 | 6.62 |
| 2026-02-19 | 6.56 |
| 2026-02-18 | 6.53 |
| 2026-02-17 | 6.55 |
| 2026-02-13 | 6.55 |
| 2026-02-12 | 6.39 |
| 2026-02-11 | 7.29 |
| 2026-02-10 | 7.35 |
| 2026-02-09 | 7.39 |
| 2026-02-06 | 7.23 |
| 2026-02-05 | 7.02 |
| 2026-02-04 | 6.91 |
| 2026-02-03 | 7.08 |
| 2026-02-02 | 6.87 |
| 2026-01-30 | 6.67 |
| 2026-01-29 | 6.68 |
| 2026-01-28 | 6.73 |
| 2026-01-27 | 6.70 |
| 2026-01-26 | 6.56 |
| 2026-01-23 | 6.35 |
| 2026-01-22 | 6.33 |
| 2026-01-21 | 6.28 |
| 2026-01-20 | 6.25 |
| 2026-01-16 | 6.41 |
| 2026-01-15 | 6.41 |
| 2026-01-14 | 6.34 |
| 2026-01-13 | 6.43 |
| 2026-01-12 | 6.30 |
| 2026-01-09 | 6.29 |
| 2026-01-08 | 6.30 |
| 2026-01-07 | 6.37 |
| 2026-01-06 | 6.41 |
| 2026-01-05 | 6.44 |
| 2026-01-02 | 6.48 |
| 2025-12-31 | 6.56 |
| 2025-12-30 | 6.59 |
| 2025-12-29 | 6.63 |
| 2025-12-26 | 6.66 |
| 2025-12-24 | 6.65 |
| 2025-12-23 | 6.65 |
| 2025-12-22 | 6.65 |
| 2025-12-19 | 6.68 |
| 2025-12-18 | 6.56 |
| 2025-12-17 | 6.47 |
| 2025-12-16 | 6.61 |
| 2025-12-15 | 6.67 |
| 2025-12-12 | 6.63 |
| 2025-12-11 | 6.75 |
| 2025-12-10 | 6.84 |
| 2025-12-09 | 6.77 |
| 2025-12-08 | 6.72 |
| 2025-12-05 | 6.64 |
| 2025-12-04 | 6.62 |
| 2025-12-03 | 6.62 |
| 2025-12-02 | 6.55 |
| 2025-12-01 | 6.48 |
| 2025-11-28 | 6.55 |
| 2025-11-26 | 6.48 |
| 2025-11-25 | 6.50 |
| 2025-11-24 | 6.49 |
| 2025-11-21 | 6.48 |
| 2025-11-20 | 6.43 |
| 2025-11-19 | 6.68 |
| 2025-11-18 | 6.59 |
| 2025-11-17 | 6.63 |
| 2025-11-14 | 6.65 |
| 2025-11-13 | 6.59 |
| 2025-11-12 | 6.30 |
| 2025-11-11 | 6.11 |
| 2025-11-10 | 6.14 |
| 2025-11-07 | 6.06 |
| 2025-11-06 | 6.05 |
| 2025-11-05 | 6.14 |
| 2025-11-04 | 6.16 |
| 2025-11-03 | 6.34 |
| 2025-10-31 | 6.23 |
| 2025-10-30 | 6.21 |
| 2025-10-29 | 6.08 |
| 2025-10-28 | 6.19 |
| 2025-10-27 | 6.08 |
| 2025-10-24 | 6.02 |
| 2025-10-23 | 5.99 |
| 2025-10-22 | 6.02 |
| 2025-10-21 | 6.03 |
| 2025-10-20 | 6.02 |
| 2025-10-17 | 5.98 |
| 2025-10-16 | 5.89 |
| 2025-10-15 | 5.92 |
| 2025-10-14 | 5.85 |
| 2025-10-13 | 5.75 |
| 2025-10-10 | 5.79 |
| 2025-10-09 | 5.96 |
| 2025-10-08 | 5.99 |
| 2025-10-07 | 5.88 |
| 2025-10-06 | 5.87 |
| 2025-10-03 | 5.79 |
| 2025-10-02 | 5.82 |
| 2025-10-01 | 5.86 |
| 2025-09-30 | 5.83 |
| 2025-09-29 | 5.77 |
| 2025-09-26 | 5.73 |
| 2025-09-25 | 5.78 |
| 2025-09-24 | 5.74 |
| 2025-09-23 | 5.76 |
| 2025-09-22 | 5.77 |
| 2025-09-19 | 5.81 |
| 2025-09-18 | 5.85 |
| 2025-09-17 | 5.77 |
| 2025-09-16 | 5.70 |
| 2025-09-15 | 5.71 |
| 2025-09-12 | 5.67 |
| 2025-09-11 | 5.77 |
| 2025-09-10 | 5.81 |
| 2025-09-09 | 5.74 |
| 2025-09-08 | 5.70 |
| 2025-09-05 | 5.70 |
| 2025-09-04 | 5.79 |
| 2025-09-03 | 5.90 |
| 2025-09-02 | 5.91 |
| 2025-08-29 | 6.02 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.