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 5.86 is 305% above its estimated 5-year average of 1.45, around the middle of its estimated 5-year range (0.20–12.46).
As of 2026-10-06T15:41:43.900Z. 7.62% below its estimated 12-month average of 6.34.
Calculation as of: 2026-10-06T15:41:43.900Z.
Quote observation: 2026-10-06T15:40:24.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d443e069440aa0ac5a32f25afa0d38c48efe58a411ec60778b8439bb1c5cf92a
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
5.86
PB RATIO AVG TTM
6.34
PB RATIO AVG 3Y
2.69
PB RATIO AVG 5Y
1.45
PB RATIO AVG 10Y
8.23
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-7.62%
CURRENT VS 3Y AVG
+117.80%
CURRENT VS 5Y AVG
+305.41%
CURRENT VS 10Y AVG
-28.77%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.38
median of 610 covered companies
CURRENT VS SECTOR MEDIAN
+145.70%
vs the sector median at left
Eledon Pharmaceuticals, Inc.
Market Cap
$193.36M
PB Ratio
5.86
TTM Avg
6.34
3Y Avg
2.69
5Y Avg
1.45
Market Cap
$187.79M
PB Ratio
0.41
TTM Avg
4.57
3Y Avg
3.57
5Y Avg
2.81
Market Cap
$179.82M
PB Ratio
5.60
TTM Avg
6.66
3Y Avg
402.13
5Y Avg
560.88
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Eledon Pharmaceuticals, Inc. (ELDN) | $193.36M | 5.86 | 6.34 | 2.69 | 1.45 |
| AN2 Therapeutics, Inc. (ANTX)vs › | $189.63M | 2.50 | 1.64 | 1.22 | 1.48 |
| Electra Therapeutics Inc. (ETRA)vs › | $203.96M | N/A | N/A | N/A | N/A |
| Canton Strategic Holdings Inc (CNTN)vs › | $187.79M | 0.41 | 4.57 | 3.57 | 2.81 |
| Oramed Pharmaceuticals Inc. (ORMP)vs › | $182.33M | 0.57 | 0.69 | 0.64 | 1.28 |
| Journey Medical Corporation (DERM)vs › | $179.82M | 5.60 | 6.66 | 402.13 | 560.88 |
| Compass Therapeutics, Inc. (CMPX)vs › | $178.97M | 1.08 | 3.37 | 2.50 | 2.80 |
| Pro-Dex, Inc. (PDEX)vs › | $208.85M | 4.38 | 3.82 | 3.48 | 3.25 |
| Cue Biopharma, Inc. (CUE)vs › | $175.18M | 75.84 | 14.27 | 6.97 | 5.32 |
| Precision BioSciences, Inc. (DTIL)vs › | $174.99M | 3.86 | 2.82 | 1.74 | 1.90 |
At 5.86, P/B is near its estimated 11-year median — higher than 48% of readings in its estimated 11-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 11-year low
0.20
median
8.04
estimated 11-year high
68.53
P/B Ratio
5.86
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 | 8.61 |
| 2026-10-02 | 8.57 |
| 2026-10-01 | 8.40 |
| 2026-09-30 | 8.71 |
| 2026-09-29 | 8.61 |
| 2026-09-28 | 9.09 |
| 2026-09-25 | 9.12 |
| 2026-09-24 | 9.22 |
| 2026-09-23 | 9.36 |
| 2026-09-22 | 9.95 |
| 2026-09-21 | 9.26 |
| 2026-09-18 | 9.02 |
| 2026-09-17 | 9.12 |
| 2026-09-16 | 9.19 |
| 2026-09-15 | 9.33 |
| 2026-09-14 | 9.53 |
| 2026-09-11 | 9.57 |
| 2026-09-10 | 9.57 |
| 2026-09-09 | 9.71 |
| 2026-09-08 | 10.09 |
| 2026-09-04 | 10.39 |
| 2026-09-03 | 10.09 |
| 2026-09-02 | 10.29 |
| 2026-09-01 | 10.36 |
| 2026-08-31 | 10.26 |
| 2026-08-28 | 11.01 |
| 2026-08-27 | 11.43 |
| 2026-08-26 | 11.53 |
| 2026-08-25 | 11.94 |
| 2026-08-24 | 11.74 |
| 2026-08-21 | 11.87 |
| 2026-08-20 | 12.12 |
| 2026-08-19 | 12.22 |
| 2026-08-18 | 12.46 |
| 2026-08-17 | 12.32 |
| 2026-08-14 | 12.18 |
| 2026-08-13 | 9.29 |
| 2026-08-12 | 9.47 |
| 2026-08-11 | 9.42 |
| 2026-08-10 | 9.24 |
| 2026-08-07 | 9.27 |
| 2026-08-06 | 8.69 |
| 2026-08-05 | 8.64 |
| 2026-08-04 | 8.77 |
| 2026-08-03 | 8.61 |
| 2026-07-31 | 8.49 |
| 2026-07-30 | 8.56 |
| 2026-07-29 | 8.31 |
| 2026-07-28 | 8.54 |
| 2026-07-27 | 8.97 |
| 2026-07-24 | 8.99 |
| 2026-07-23 | 9.39 |
| 2026-07-22 | 9.34 |
| 2026-07-21 | 9.92 |
| 2026-07-20 | 9.69 |
| 2026-07-17 | 10.22 |
| 2026-07-16 | 9.64 |
| 2026-07-15 | 10.10 |
| 2026-07-14 | 10.17 |
| 2026-07-13 | 9.69 |
| 2026-07-10 | 9.67 |
| 2026-07-09 | 10.37 |
| 2026-07-08 | 10.57 |
| 2026-07-07 | 9.87 |
| 2026-07-06 | 9.97 |
| 2026-07-02 | 9.92 |
| 2026-07-01 | 9.79 |
| 2026-06-30 | 9.90 |
| 2026-06-29 | 9.74 |
| 2026-06-26 | 9.49 |
| 2026-06-25 | 9.17 |
| 2026-06-24 | 9.95 |
| 2026-06-23 | 9.92 |
| 2026-06-22 | 9.57 |
| 2026-06-18 | 9.85 |
| 2026-06-17 | 9.29 |
| 2026-06-16 | 8.74 |
| 2026-06-15 | 8.61 |
| 2026-06-12 | 8.97 |
| 2026-06-11 | 8.97 |
| 2026-06-10 | 8.69 |
| 2026-06-09 | 8.92 |
| 2026-06-08 | 8.99 |
| 2026-06-05 | 8.56 |
| 2026-06-04 | 9.04 |
| 2026-06-03 | 8.77 |
| 2026-06-02 | 8.87 |
| 2026-06-01 | 9.44 |
| 2026-05-29 | 9.57 |
| 2026-05-28 | 9.72 |
| 2026-05-27 | 9.79 |
| 2026-05-26 | 9.77 |
| 2026-05-22 | 9.77 |
| 2026-05-21 | 9.77 |
| 2026-05-20 | 9.64 |
| 2026-05-19 | 8.99 |
| 2026-05-18 | 8.99 |
| 2026-05-15 | 9.54 |
| 2026-05-14 | 9.92 |
| 2026-05-13 | 3.61 |
| 2026-05-12 | 3.63 |
| 2026-05-11 | 3.55 |
| 2026-05-08 | 3.61 |
| 2026-05-07 | 3.59 |
| 2026-05-06 | 3.53 |
| 2026-05-05 | 3.52 |
| 2026-05-04 | 3.52 |
| 2026-05-01 | 3.43 |
| 2026-04-30 | 3.39 |
| 2026-04-29 | 3.11 |
| 2026-04-28 | 3.24 |
| 2026-04-27 | 3.22 |
| 2026-04-24 | 3.23 |
| 2026-04-23 | 3.34 |
| 2026-04-22 | 3.71 |
| 2026-04-21 | 3.68 |
| 2026-04-20 | 3.85 |
| 2026-04-17 | 3.70 |
| 2026-04-16 | 3.47 |
| 2026-04-15 | 3.07 |
| 2026-04-14 | 2.98 |
| 2026-04-13 | 3.00 |
| 2026-04-10 | 2.88 |
| 2026-04-09 | 2.88 |
| 2026-04-08 | 2.91 |
| 2026-04-07 | 2.84 |
| 2026-04-06 | 2.87 |
| 2026-04-02 | 2.86 |
| 2026-04-01 | 2.79 |
| 2026-03-31 | 2.87 |
| 2026-03-30 | 2.52 |
| 2026-03-27 | 2.63 |
| 2026-03-26 | 2.75 |
| 2026-03-25 | 2.72 |
| 2026-03-24 | 2.69 |
| 2026-03-23 | 2.88 |
| 2026-03-20 | 2.68 |
| 2026-03-19 | 6.22 |
| 2026-03-18 | 6.55 |
| 2026-03-17 | 6.28 |
| 2026-03-16 | 5.98 |
| 2026-03-13 | 5.87 |
| 2026-03-12 | 5.94 |
| 2026-03-11 | 6.02 |
| 2026-03-10 | 6.33 |
| 2026-03-09 | 6.33 |
| 2026-03-06 | 6.07 |
| 2026-03-05 | 5.72 |
| 2026-03-04 | 5.48 |
| 2026-03-03 | 5.46 |
| 2026-03-02 | 5.80 |
| 2026-02-27 | 5.72 |
| 2026-02-26 | 5.28 |
| 2026-02-25 | 5.39 |
| 2026-02-24 | 5.35 |
| 2026-02-23 | 4.95 |
| 2026-02-20 | 4.78 |
| 2026-02-19 | 4.84 |
| 2026-02-18 | 4.58 |
| 2026-02-17 | 4.60 |
| 2026-02-13 | 4.41 |
| 2026-02-12 | 4.39 |
| 2026-02-11 | 4.41 |
| 2026-02-10 | 4.56 |
| 2026-02-09 | 4.65 |
| 2026-02-06 | 4.78 |
| 2026-02-05 | 4.30 |
| 2026-02-04 | 4.69 |
| 2026-02-03 | 4.82 |
| 2026-02-02 | 4.97 |
| 2026-01-30 | 4.80 |
| 2026-01-29 | 4.69 |
| 2026-01-28 | 4.65 |
| 2026-01-27 | 4.80 |
| 2026-01-26 | 4.82 |
| 2026-01-23 | 4.67 |
| 2026-01-22 | 4.87 |
| 2026-01-21 | 4.80 |
| 2026-01-20 | 4.82 |
| 2026-01-16 | 4.63 |
| 2026-01-15 | 4.52 |
| 2026-01-14 | 4.43 |
| 2026-01-13 | 4.30 |
| 2026-01-12 | 4.17 |
| 2026-01-09 | 3.77 |
| 2026-01-08 | 3.77 |
| 2026-01-07 | 3.73 |
| 2026-01-06 | 3.62 |
| 2026-01-05 | 3.60 |
| 2026-01-02 | 3.53 |
| 2025-12-31 | 3.29 |
| 2025-12-30 | 3.29 |
| 2025-12-29 | 3.38 |
| 2025-12-26 | 3.49 |
| 2025-12-24 | 3.43 |
| 2025-12-23 | 3.32 |
| 2025-12-22 | 3.58 |
| 2025-12-19 | 3.58 |
| 2025-12-18 | 3.43 |
| 2025-12-17 | 3.43 |
| 2025-12-16 | 3.56 |
| 2025-12-15 | 3.58 |
| 2025-12-12 | 3.58 |
| 2025-12-11 | 3.71 |
| 2025-12-10 | 3.71 |
| 2025-12-09 | 3.40 |
| 2025-12-08 | 3.47 |
| 2025-12-05 | 3.45 |
| 2025-12-04 | 3.47 |
| 2025-12-03 | 3.47 |
| 2025-12-02 | 3.23 |
| 2025-12-01 | 3.34 |
| 2025-11-28 | 3.56 |
| 2025-11-26 | 3.38 |
| 2025-11-25 | 3.64 |
| 2025-11-24 | 3.51 |
| 2025-11-21 | 3.14 |
| 2025-11-20 | 3.03 |
| 2025-11-19 | 3.38 |
| 2025-11-18 | 3.36 |
| 2025-11-17 | 3.53 |
| 2025-11-14 | 2.70 |
| 2025-11-13 | 2.70 |
| 2025-11-12 | 2.90 |
| 2025-11-11 | 3.27 |
| 2025-11-10 | 3.45 |
| 2025-11-07 | 3.16 |
| 2025-11-06 | 6.28 |
| 2025-11-05 | 6.18 |
| 2025-11-04 | 6.38 |
| 2025-11-03 | 6.68 |
| 2025-10-31 | 6.62 |
| 2025-10-30 | 6.67 |
| 2025-10-29 | 6.51 |
| 2025-10-28 | 6.10 |
| 2025-10-27 | 5.87 |
| 2025-10-24 | 5.33 |
| 2025-10-23 | 5.04 |
| 2025-10-22 | 5.10 |
| 2025-10-21 | 5.35 |
| 2025-10-20 | 5.37 |
| 2025-10-17 | 5.27 |
| 2025-10-16 | 4.37 |
| 2025-10-15 | 4.20 |
| 2025-10-14 | 4.15 |
| 2025-10-13 | 4.17 |
| 2025-10-10 | 4.20 |
| 2025-10-09 | 4.57 |
| 2025-10-08 | 4.40 |
| 2025-10-07 | 4.18 |
| 2025-10-06 | 4.38 |
| 2025-10-03 | 4.35 |
| 2025-10-02 | 4.23 |
| 2025-10-01 | 4.08 |
| 2025-09-30 | 3.97 |
| 2025-09-29 | 3.89 |
| 2025-09-26 | 4.12 |
| 2025-09-25 | 3.79 |
| 2025-09-24 | 3.71 |
| 2025-09-23 | 3.91 |
Showing the most recent 260 of 2,509 data points. The chart above shows the full history.