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 35.34 is 28% above its estimated 5-year average of 27.57, around the middle of its estimated 5-year range (11.55–81.92).
As of 2026-10-06T14:41:48.254Z. 0.78% above its estimated 12-month average of 35.07.
Calculation as of: 2026-10-06T14:41:48.254Z.
Quote observation: 2026-10-06T14:40:29.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: dc20e770ee5ae2c2a4359092a87ac47cfcb42f6203be3eecd752cf5ffad98e80
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
35.34
PB RATIO AVG TTM
35.07
PB RATIO AVG 3Y
33.78
PB RATIO AVG 5Y
27.57
PB RATIO AVG 10Y
22.28
PB RATIO AVG 15Y
14.67
PB RATIO AVG 20Y
10.61
CURRENT VS TTM AVG
+0.78%
CURRENT VS 3Y AVG
+4.63%
CURRENT VS 5Y AVG
+28.20%
CURRENT VS 10Y AVG
+58.61%
CURRENT VS 15Y AVG
+140.91%
CURRENT VS 20Y AVG
+232.95%
SECTOR MEDIAN · TECHNOLOGY
4.16
median of 453 covered companies
CURRENT VS SECTOR MEDIAN
+749.52%
vs the sector median at left
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Extreme Networks, Inc. (EXTR) | $3.13B | 35.34 | 35.07 | 33.78 | 27.57 |
| Bel Fuse Inc. (BELFA)vs › | $3.12B | 3.43 | 5.21 | 3.62 | 2.82 |
| Ionic Digital Inc. Class A (IOND)vs › | $3.09B | 6.06 | N/A | N/A | N/A |
| Bel Fuse Inc. (BELFB)vs › | $3.15B | 3.46 | 5.92 | 3.76 | 2.86 |
| AvePoint, Inc. (AVPT)vs › | $3.20B | 7.31 | 6.11 | 8.59 | 6.81 |
| Navitas Semiconductor Corp (NVTS)vs › | $3.20B | 4.00 | 6.16 | 3.52 | 3.57 |
| NetScout Systems, Inc. (NTCT)vs › | $3.01B | 1.81 | 1.49 | 1.13 | 1.13 |
| Ambarella, Inc. (AMBA)vs › | $2.99B | 4.82 | 5.14 | 4.56 | 5.35 |
| Braze, Inc. (BRZE)vs › | $2.98B | 4.97 | 4.56 | 7.39 | 7.42 |
| Ultra Clean Holdings, Inc. (UCTT)vs › | $3.32B | 5.18 | 4.30 | 2.64 | 2.37 |
At 35.34, P/B is above its estimated 20-year median — higher than 89% 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
0.67
median
4.90
estimated 20-year high
127.71
P/B Ratio
35.34
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 | 33.94 |
| 2026-10-02 | 33.63 |
| 2026-10-01 | 31.96 |
| 2026-09-30 | 31.20 |
| 2026-09-29 | 30.65 |
| 2026-09-28 | 30.55 |
| 2026-09-25 | 31.31 |
| 2026-09-24 | 31.48 |
| 2026-09-23 | 32.05 |
| 2026-09-22 | 32.16 |
| 2026-09-21 | 33.07 |
| 2026-09-18 | 32.45 |
| 2026-09-17 | 32.45 |
| 2026-09-16 | 31.84 |
| 2026-09-15 | 32.08 |
| 2026-09-14 | 31.47 |
| 2026-09-11 | 32.29 |
| 2026-09-10 | 30.81 |
| 2026-09-09 | 31.22 |
| 2026-09-08 | 31.49 |
| 2026-09-04 | 31.57 |
| 2026-09-03 | 31.84 |
| 2026-09-02 | 32.02 |
| 2026-09-01 | 31.68 |
| 2026-08-31 | 32.72 |
| 2026-08-28 | 32.85 |
| 2026-08-27 | 33.79 |
| 2026-08-26 | 33.23 |
| 2026-08-25 | 32.92 |
| 2026-08-24 | 32.56 |
| 2026-08-21 | 33.49 |
| 2026-08-20 | 32.47 |
| 2026-08-19 | 33.15 |
| 2026-08-18 | 34.55 |
| 2026-08-17 | 35.32 |
| 2026-08-14 | 41.30 |
| 2026-08-13 | 40.69 |
| 2026-08-12 | 41.31 |
| 2026-08-11 | 40.43 |
| 2026-08-10 | 39.82 |
| 2026-08-07 | 40.55 |
| 2026-08-06 | 41.14 |
| 2026-08-05 | 44.31 |
| 2026-08-04 | 54.71 |
| 2026-08-03 | 50.72 |
| 2026-07-31 | 50.99 |
| 2026-07-30 | 50.48 |
| 2026-07-29 | 49.18 |
| 2026-07-28 | 50.74 |
| 2026-07-27 | 50.67 |
| 2026-07-24 | 49.89 |
| 2026-07-23 | 50.30 |
| 2026-07-22 | 51.21 |
| 2026-07-21 | 51.50 |
| 2026-07-20 | 51.23 |
| 2026-07-17 | 51.33 |
| 2026-07-16 | 50.35 |
| 2026-07-15 | 51.60 |
| 2026-07-14 | 55.86 |
| 2026-07-13 | 55.68 |
| 2026-07-10 | 57.03 |
| 2026-07-09 | 55.61 |
| 2026-07-08 | 52.65 |
| 2026-07-07 | 50.79 |
| 2026-07-06 | 53.00 |
| 2026-07-02 | 50.41 |
| 2026-07-01 | 53.17 |
| 2026-06-30 | 54.76 |
| 2026-06-29 | 54.10 |
| 2026-06-26 | 53.70 |
| 2026-06-25 | 52.38 |
| 2026-06-24 | 52.33 |
| 2026-06-23 | 53.21 |
| 2026-06-22 | 53.88 |
| 2026-06-18 | 53.09 |
| 2026-06-17 | 52.16 |
| 2026-06-16 | 53.31 |
| 2026-06-15 | 53.58 |
| 2026-06-12 | 52.63 |
| 2026-06-11 | 52.56 |
| 2026-06-10 | 48.35 |
| 2026-06-09 | 48.60 |
| 2026-06-08 | 50.03 |
| 2026-06-05 | 47.40 |
| 2026-06-04 | 50.09 |
| 2026-06-03 | 48.71 |
| 2026-06-02 | 49.87 |
| 2026-06-01 | 47.59 |
| 2026-05-29 | 44.85 |
| 2026-05-28 | 44.34 |
| 2026-05-27 | 45.12 |
| 2026-05-26 | 45.71 |
| 2026-05-22 | 43.31 |
| 2026-05-21 | 40.43 |
| 2026-05-20 | 39.72 |
| 2026-05-19 | 39.82 |
| 2026-05-18 | 40.79 |
| 2026-05-15 | 41.72 |
| 2026-05-14 | 41.80 |
| 2026-05-13 | 38.52 |
| 2026-05-12 | 38.56 |
| 2026-05-11 | 41.13 |
| 2026-05-08 | 40.67 |
| 2026-05-07 | 39.79 |
| 2026-05-06 | 39.82 |
| 2026-05-05 | 40.11 |
| 2026-05-04 | 38.64 |
| 2026-05-01 | 37.71 |
| 2026-04-30 | 31.18 |
| 2026-04-29 | 30.84 |
| 2026-04-28 | 24.07 |
| 2026-04-27 | 24.64 |
| 2026-04-24 | 24.83 |
| 2026-04-23 | 23.85 |
| 2026-04-22 | 24.81 |
| 2026-04-21 | 26.35 |
| 2026-04-20 | 25.82 |
| 2026-04-17 | 25.39 |
| 2026-04-16 | 24.70 |
| 2026-04-15 | 24.49 |
| 2026-04-14 | 24.74 |
| 2026-04-13 | 24.90 |
| 2026-04-10 | 24.52 |
| 2026-04-09 | 24.93 |
| 2026-04-08 | 23.29 |
| 2026-04-07 | 22.33 |
| 2026-04-06 | 21.82 |
| 2026-04-02 | 21.68 |
| 2026-04-01 | 21.45 |
| 2026-03-31 | 21.29 |
| 2026-03-30 | 21.13 |
| 2026-03-27 | 21.54 |
| 2026-03-26 | 21.82 |
| 2026-03-25 | 21.82 |
| 2026-03-24 | 21.38 |
| 2026-03-23 | 21.41 |
| 2026-03-20 | 20.76 |
| 2026-03-19 | 21.21 |
| 2026-03-18 | 21.07 |
| 2026-03-17 | 21.24 |
| 2026-03-16 | 20.93 |
| 2026-03-13 | 20.45 |
| 2026-03-12 | 20.13 |
| 2026-03-11 | 20.57 |
| 2026-03-10 | 20.13 |
| 2026-03-09 | 19.80 |
| 2026-03-06 | 19.73 |
| 2026-03-05 | 20.38 |
| 2026-03-04 | 20.38 |
| 2026-03-03 | 20.03 |
| 2026-03-02 | 20.11 |
| 2026-02-27 | 19.73 |
| 2026-02-26 | 19.83 |
| 2026-02-25 | 19.76 |
| 2026-02-24 | 19.39 |
| 2026-02-23 | 19.45 |
| 2026-02-20 | 19.83 |
| 2026-02-19 | 19.82 |
| 2026-02-18 | 19.93 |
| 2026-02-17 | 20.04 |
| 2026-02-13 | 20.41 |
| 2026-02-12 | 19.96 |
| 2026-02-11 | 21.12 |
| 2026-02-10 | 21.81 |
| 2026-02-09 | 21.79 |
| 2026-02-06 | 21.51 |
| 2026-02-05 | 21.26 |
| 2026-02-04 | 21.17 |
| 2026-02-03 | 21.02 |
| 2026-02-02 | 20.88 |
| 2026-01-30 | 20.58 |
| 2026-01-29 | 28.31 |
| 2026-01-28 | 29.59 |
| 2026-01-27 | 28.96 |
| 2026-01-26 | 29.94 |
| 2026-01-23 | 29.06 |
| 2026-01-22 | 29.92 |
| 2026-01-21 | 29.77 |
| 2026-01-20 | 29.59 |
| 2026-01-16 | 31.44 |
| 2026-01-15 | 31.70 |
| 2026-01-14 | 31.64 |
| 2026-01-13 | 31.82 |
| 2026-01-12 | 30.73 |
| 2026-01-09 | 30.77 |
| 2026-01-08 | 31.22 |
| 2026-01-07 | 31.80 |
| 2026-01-06 | 32.33 |
| 2026-01-05 | 32.80 |
| 2026-01-02 | 32.58 |
| 2025-12-31 | 32.80 |
| 2025-12-30 | 33.27 |
| 2025-12-29 | 33.33 |
| 2025-12-26 | 33.25 |
| 2025-12-24 | 33.08 |
| 2025-12-23 | 33.04 |
| 2025-12-22 | 33.47 |
| 2025-12-19 | 33.19 |
| 2025-12-18 | 33.10 |
| 2025-12-17 | 32.80 |
| 2025-12-16 | 33.08 |
| 2025-12-15 | 33.33 |
| 2025-12-12 | 33.31 |
| 2025-12-11 | 34.14 |
| 2025-12-10 | 35.85 |
| 2025-12-09 | 35.58 |
| 2025-12-08 | 35.76 |
| 2025-12-05 | 34.65 |
| 2025-12-04 | 34.38 |
| 2025-12-03 | 34.30 |
| 2025-12-02 | 34.06 |
| 2025-12-01 | 33.57 |
| 2025-11-28 | 34.48 |
| 2025-11-26 | 34.44 |
| 2025-11-25 | 34.42 |
| 2025-11-24 | 33.65 |
| 2025-11-21 | 34.10 |
| 2025-11-20 | 33.33 |
| 2025-11-19 | 33.33 |
| 2025-11-18 | 32.96 |
| 2025-11-17 | 33.55 |
| 2025-11-14 | 34.75 |
| 2025-11-13 | 34.77 |
| 2025-11-12 | 35.99 |
| 2025-11-11 | 34.55 |
| 2025-11-10 | 35.28 |
| 2025-11-07 | 34.32 |
| 2025-11-06 | 34.50 |
| 2025-11-05 | 34.77 |
| 2025-11-04 | 35.07 |
| 2025-11-03 | 37.00 |
| 2025-10-31 | 37.47 |
| 2025-10-30 | 37.50 |
| 2025-10-29 | 36.47 |
| 2025-10-28 | 43.07 |
| 2025-10-27 | 42.00 |
| 2025-10-24 | 42.30 |
| 2025-10-23 | 42.81 |
| 2025-10-22 | 41.51 |
| 2025-10-21 | 41.88 |
| 2025-10-20 | 41.41 |
| 2025-10-17 | 40.78 |
| 2025-10-16 | 42.16 |
| 2025-10-15 | 41.45 |
| 2025-10-14 | 40.34 |
| 2025-10-13 | 40.38 |
| 2025-10-10 | 39.45 |
| 2025-10-09 | 42.36 |
| 2025-10-08 | 41.63 |
| 2025-10-07 | 40.60 |
| 2025-10-06 | 40.84 |
| 2025-10-03 | 41.09 |
| 2025-10-02 | 41.39 |
| 2025-10-01 | 42.28 |
| 2025-09-30 | 41.82 |
| 2025-09-29 | 41.31 |
| 2025-09-26 | 41.21 |
| 2025-09-25 | 42.34 |
| 2025-09-24 | 43.44 |
| 2025-09-23 | 44.27 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.