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 32.13 is 162% above its estimated 5-year average of 12.25, around the middle of its estimated 5-year range (3.83–50.52).
As of 2026-10-06T16:41:59.961Z. 13.06% above its estimated 12-month average of 28.42.
Calculation as of: 2026-10-06T16:41:59.961Z.
Quote observation: 2026-10-06T16:40:17.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 964f8bcea024e80fb52d816f3b4380b7088b93770ce31cf7c1083d390364c537
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
32.13
PB RATIO AVG TTM
28.42
PB RATIO AVG 3Y
17.88
PB RATIO AVG 5Y
12.25
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+13.06%
CURRENT VS 3Y AVG
+79.65%
CURRENT VS 5Y AVG
+162.22%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.38
median of 673 covered companies
CURRENT VS SECTOR MEDIAN
+1250.00%
vs the sector median at left
Eton Pharmaceuticals, Inc.
Market Cap
$1.50B
PB Ratio
32.13
TTM Avg
28.42
3Y Avg
17.88
5Y Avg
12.25
Market Cap
$1.50B
PB Ratio
3.88
TTM Avg
5.07
3Y Avg
3.74
5Y Avg
3.31
Market Cap
$1.48B
PB Ratio
3.51
TTM Avg
3.32
3Y Avg
2.33
5Y Avg
2.33
Market Cap
$1.46B
PB Ratio
2.82
TTM Avg
2.89
3Y Avg
2.18
5Y Avg
2.32
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Eton Pharmaceuticals, Inc. (ETON) | $1.50B | 32.13 | 28.42 | 17.88 | 12.25 |
| Phibro Animal Health Corporation (PAHC)vs › | $1.50B | 3.88 | 5.07 | 3.74 | 3.31 |
| Rapport Therapeutics, Inc. Common Stock (RAPP)vs › | $1.48B | 3.51 | 3.32 | 2.33 | 2.33 |
| GH Research PLC (GHRS)vs › | $1.48B | 4.12 | 4.16 | 2.99 | 2.81 |
| Healthcare Services Group, Inc. (HCSG)vs › | $1.46B | 2.82 | 2.89 | 2.18 | 2.32 |
| Certara, Inc. (CERT)vs › | $1.46B | 1.51 | 1.20 | 1.75 | 2.33 |
| uniQure N.V. (QURE)vs › | $1.54B | 4.74 | 8.61 | 7.16 | 4.78 |
| Nutex Health, Inc. (NUTX)vs › | $1.54B | 3.91 | 3.10 | 2.50 | 9.00 |
| Braveheart Bio, Inc. (BRVE)vs › | $1.45B | N/A | N/A | N/A | N/A |
| Maze Therapeutics, Inc. (MAZE)vs › | $1.45B | 3.19 | 4.41 | 3.86 | 3.86 |
At 32.13, P/B is above its estimated 8-year median — higher than 91% of readings in its estimated 8-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 8-year low
3.23
median
7.99
estimated 8-year high
152.73
P/B Ratio
32.13
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 | 39.15 |
| 2026-10-02 | 38.96 |
| 2026-10-01 | 36.58 |
| 2026-09-30 | 36.24 |
| 2026-09-29 | 41.66 |
| 2026-09-28 | 41.65 |
| 2026-09-25 | 40.60 |
| 2026-09-24 | 41.87 |
| 2026-09-23 | 39.14 |
| 2026-09-22 | 40.18 |
| 2026-09-21 | 38.93 |
| 2026-09-18 | 39.06 |
| 2026-09-17 | 40.17 |
| 2026-09-16 | 39.66 |
| 2026-09-15 | 38.66 |
| 2026-09-14 | 40.55 |
| 2026-09-11 | 40.17 |
| 2026-09-10 | 40.74 |
| 2026-09-09 | 41.41 |
| 2026-09-08 | 41.77 |
| 2026-09-04 | 41.14 |
| 2026-09-03 | 42.16 |
| 2026-09-02 | 43.61 |
| 2026-09-01 | 42.53 |
| 2026-08-31 | 42.54 |
| 2026-08-28 | 42.07 |
| 2026-08-27 | 44.11 |
| 2026-08-26 | 44.07 |
| 2026-08-25 | 44.38 |
| 2026-08-24 | 45.35 |
| 2026-08-21 | 44.67 |
| 2026-08-20 | 42.17 |
| 2026-08-19 | 43.27 |
| 2026-08-18 | 44.64 |
| 2026-08-17 | 43.45 |
| 2026-08-14 | 41.43 |
| 2026-08-13 | 42.04 |
| 2026-08-12 | 42.85 |
| 2026-08-11 | 43.33 |
| 2026-08-10 | 45.00 |
| 2026-08-07 | 45.96 |
| 2026-08-06 | 47.59 |
| 2026-08-05 | 47.37 |
| 2026-08-04 | 47.23 |
| 2026-08-03 | 46.51 |
| 2026-07-31 | 47.83 |
| 2026-07-30 | 50.52 |
| 2026-07-29 | 49.60 |
| 2026-07-28 | 48.08 |
| 2026-07-27 | 43.60 |
| 2026-07-24 | 43.89 |
| 2026-07-23 | 45.48 |
| 2026-07-22 | 44.91 |
| 2026-07-21 | 44.52 |
| 2026-07-20 | 42.32 |
| 2026-07-17 | 43.61 |
| 2026-07-16 | 38.32 |
| 2026-07-15 | 39.67 |
| 2026-07-14 | 38.65 |
| 2026-07-13 | 38.48 |
| 2026-07-10 | 37.72 |
| 2026-07-09 | 38.47 |
| 2026-07-08 | 37.27 |
| 2026-07-07 | 38.89 |
| 2026-07-06 | 39.18 |
| 2026-07-02 | 38.64 |
| 2026-07-01 | 37.75 |
| 2026-06-30 | 37.30 |
| 2026-06-29 | 37.85 |
| 2026-06-26 | 36.79 |
| 2026-06-25 | 35.88 |
| 2026-06-24 | 35.01 |
| 2026-06-23 | 34.51 |
| 2026-06-22 | 33.72 |
| 2026-06-18 | 33.47 |
| 2026-06-17 | 33.76 |
| 2026-06-16 | 33.33 |
| 2026-06-15 | 33.13 |
| 2026-06-12 | 32.55 |
| 2026-06-11 | 33.09 |
| 2026-06-10 | 31.89 |
| 2026-06-09 | 31.46 |
| 2026-06-08 | 30.86 |
| 2026-06-05 | 30.02 |
| 2026-06-04 | 29.78 |
| 2026-06-03 | 28.45 |
| 2026-06-02 | 28.23 |
| 2026-06-01 | 29.55 |
| 2026-05-29 | 31.38 |
| 2026-05-28 | 32.83 |
| 2026-05-27 | 33.39 |
| 2026-05-26 | 32.24 |
| 2026-05-22 | 33.58 |
| 2026-05-21 | 36.07 |
| 2026-05-20 | 35.50 |
| 2026-05-19 | 33.89 |
| 2026-05-18 | 33.48 |
| 2026-05-15 | 31.18 |
| 2026-05-14 | 30.82 |
| 2026-05-13 | 31.71 |
| 2026-05-12 | 30.57 |
| 2026-05-11 | 30.70 |
| 2026-05-08 | 30.50 |
| 2026-05-07 | 31.91 |
| 2026-05-06 | 31.02 |
| 2026-05-05 | 31.26 |
| 2026-05-04 | 31.03 |
| 2026-05-01 | 29.73 |
| 2026-04-30 | 24.82 |
| 2026-04-29 | 24.26 |
| 2026-04-28 | 24.86 |
| 2026-04-27 | 24.13 |
| 2026-04-24 | 23.68 |
| 2026-04-23 | 23.63 |
| 2026-04-22 | 24.29 |
| 2026-04-21 | 24.22 |
| 2026-04-20 | 26.01 |
| 2026-04-17 | 25.76 |
| 2026-04-16 | 25.13 |
| 2026-04-15 | 27.75 |
| 2026-04-14 | 27.90 |
| 2026-04-13 | 26.80 |
| 2026-04-10 | 27.12 |
| 2026-04-09 | 27.88 |
| 2026-04-08 | 27.16 |
| 2026-04-07 | 25.78 |
| 2026-04-06 | 25.72 |
| 2026-04-02 | 25.71 |
| 2026-04-01 | 26.09 |
| 2026-03-31 | 25.39 |
| 2026-03-30 | 23.23 |
| 2026-03-27 | 23.91 |
| 2026-03-26 | 24.13 |
| 2026-03-25 | 24.53 |
| 2026-03-24 | 23.63 |
| 2026-03-23 | 24.50 |
| 2026-03-20 | 22.96 |
| 2026-03-19 | 24.15 |
| 2026-03-18 | 22.12 |
| 2026-03-17 | 22.00 |
| 2026-03-16 | 22.11 |
| 2026-03-13 | 22.01 |
| 2026-03-12 | 22.12 |
| 2026-03-11 | 21.04 |
| 2026-03-10 | 20.23 |
| 2026-03-09 | 19.42 |
| 2026-03-06 | 19.54 |
| 2026-03-05 | 20.05 |
| 2026-03-04 | 20.39 |
| 2026-03-03 | 20.29 |
| 2026-03-02 | 21.11 |
| 2026-02-27 | 19.76 |
| 2026-02-26 | 20.06 |
| 2026-02-25 | 20.53 |
| 2026-02-24 | 21.26 |
| 2026-02-23 | 21.26 |
| 2026-02-20 | 20.85 |
| 2026-02-19 | 21.19 |
| 2026-02-18 | 20.01 |
| 2026-02-17 | 19.94 |
| 2026-02-13 | 19.85 |
| 2026-02-12 | 19.52 |
| 2026-02-11 | 18.66 |
| 2026-02-10 | 17.69 |
| 2026-02-09 | 17.22 |
| 2026-02-06 | 17.16 |
| 2026-02-05 | 16.69 |
| 2026-02-04 | 17.15 |
| 2026-02-03 | 17.90 |
| 2026-02-02 | 17.64 |
| 2026-01-30 | 17.45 |
| 2026-01-29 | 17.73 |
| 2026-01-28 | 17.16 |
| 2026-01-27 | 17.49 |
| 2026-01-26 | 17.57 |
| 2026-01-23 | 17.43 |
| 2026-01-22 | 17.76 |
| 2026-01-21 | 17.64 |
| 2026-01-20 | 17.86 |
| 2026-01-16 | 17.61 |
| 2026-01-15 | 17.92 |
| 2026-01-14 | 18.22 |
| 2026-01-13 | 18.29 |
| 2026-01-12 | 17.99 |
| 2026-01-09 | 17.98 |
| 2026-01-08 | 19.21 |
| 2026-01-07 | 19.20 |
| 2026-01-06 | 19.27 |
| 2026-01-05 | 19.46 |
| 2026-01-02 | 18.91 |
| 2025-12-31 | 19.66 |
| 2025-12-30 | 19.52 |
| 2025-12-29 | 19.54 |
| 2025-12-26 | 19.57 |
| 2025-12-24 | 19.76 |
| 2025-12-23 | 19.25 |
| 2025-12-22 | 19.27 |
| 2025-12-19 | 19.04 |
| 2025-12-18 | 18.63 |
| 2025-12-17 | 18.40 |
| 2025-12-16 | 18.55 |
| 2025-12-15 | 18.55 |
| 2025-12-12 | 19.42 |
| 2025-12-11 | 19.63 |
| 2025-12-10 | 19.08 |
| 2025-12-09 | 19.02 |
| 2025-12-08 | 19.02 |
| 2025-12-05 | 18.91 |
| 2025-12-04 | 19.55 |
| 2025-12-03 | 19.19 |
| 2025-12-02 | 17.87 |
| 2025-12-01 | 17.97 |
| 2025-11-28 | 18.78 |
| 2025-11-26 | 18.83 |
| 2025-11-25 | 18.93 |
| 2025-11-24 | 18.43 |
| 2025-11-21 | 19.14 |
| 2025-11-20 | 18.96 |
| 2025-11-19 | 19.56 |
| 2025-11-18 | 20.00 |
| 2025-11-17 | 20.07 |
| 2025-11-14 | 19.70 |
| 2025-11-13 | 19.63 |
| 2025-11-12 | 20.30 |
| 2025-11-11 | 20.54 |
| 2025-11-10 | 19.68 |
| 2025-11-07 | 19.65 |
| 2025-11-06 | 21.48 |
| 2025-11-05 | 21.61 |
| 2025-11-04 | 20.71 |
| 2025-11-03 | 20.16 |
| 2025-10-31 | 20.21 |
| 2025-10-30 | 20.48 |
| 2025-10-29 | 20.55 |
| 2025-10-28 | 20.88 |
| 2025-10-27 | 20.74 |
| 2025-10-24 | 20.72 |
| 2025-10-23 | 20.81 |
| 2025-10-22 | 20.94 |
| 2025-10-21 | 20.82 |
| 2025-10-20 | 20.65 |
| 2025-10-17 | 20.40 |
| 2025-10-16 | 20.58 |
| 2025-10-15 | 21.49 |
| 2025-10-14 | 21.07 |
| 2025-10-13 | 20.29 |
| 2025-10-10 | 22.07 |
| 2025-10-09 | 22.76 |
| 2025-10-08 | 23.49 |
| 2025-10-07 | 23.74 |
| 2025-10-06 | 23.27 |
| 2025-10-03 | 22.37 |
| 2025-10-02 | 22.22 |
| 2025-10-01 | 22.74 |
| 2025-09-30 | 24.39 |
| 2025-09-29 | 25.23 |
| 2025-09-26 | 23.87 |
| 2025-09-25 | 22.60 |
| 2025-09-24 | 22.37 |
| 2025-09-23 | 22.26 |
Showing the most recent 260 of 1,893 data points. The chart above shows the full history.