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 1.77 is 47% above its estimated 5-year average of 1.21, near the low end of its estimated 5-year range (0.25–8.41).
As of 2026-10-06T14:46:42.017Z. 63.06% above its estimated 12-month average of 1.09.
Calculation as of: 2026-10-06T14:46:42.017Z.
Quote observation: 2026-10-06T14:45:13.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 1f516b86ce6f8a32b007838909cf85d374f635633f340bc308fa792387434ce1
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
1.77
PB RATIO AVG TTM
1.09
PB RATIO AVG 3Y
0.88
PB RATIO AVG 5Y
1.21
PB RATIO AVG 10Y
4.29
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+63.06%
CURRENT VS 3Y AVG
+100.67%
CURRENT VS 5Y AVG
+46.70%
CURRENT VS 10Y AVG
-58.71%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.36
median of 547 covered companies
CURRENT VS SECTOR MEDIAN
-25.00%
vs the sector median at left
Market Cap
$272.91M
PB Ratio
24.00
TTM Avg
9.78
3Y Avg
4.24
5Y Avg
2.73
Market Cap
$260.33M
PB Ratio
1.56
TTM Avg
4.41
3Y Avg
4.27
5Y Avg
3.70
Market Cap
$259.30M
PB Ratio
2.55
TTM Avg
4.86
3Y Avg
12.57
5Y Avg
12.57
Market Cap
$258.47M
PB Ratio
1.69
TTM Avg
1.99
3Y Avg
1.58
5Y Avg
1.19
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fate Therapeutics, Inc. (FATE) | $271.27M | 1.77 | 1.09 | 0.88 | 1.21 |
| Indaptus Therapeutics, Inc. (INDP)vs › | $272.91M | 24.00 | 9.78 | 4.24 | 2.73 |
| Aurora Cannabis Inc. (ACB)vs › | $275.95M | 0.74 | 0.57 | 0.62 | 0.89 |
| Abeona Therapeutics Inc. (ABEO)vs › | $282.98M | 2.21 | 2.07 | 4.67 | 3.42 |
| Fulcrum Therapeutics, Inc. (FULC)vs › | $281.41M | 0.91 | 1.94 | 1.69 | 1.78 |
| EyePoint Pharmaceuticals, Inc. (EYPT)vs › | $260.33M | 1.56 | 4.41 | 4.27 | 3.70 |
| Eupraxia Pharmaceuticals Inc. (EPRX)vs › | $259.30M | 2.55 | 4.86 | 12.57 | 12.57 |
| Inhibikase Therapeutics, Inc. (IKT)vs › | $258.47M | 1.69 | 1.99 | 1.58 | 1.19 |
| AC Immune S.A. (ACIU)vs › | $259.01M | 5.95 | 5.23 | 3.10 | 2.40 |
| Anika Therapeutics, Inc. (ANIK)vs › | $256.28M | 1.87 | 1.39 | 1.39 | 1.40 |
At 1.77, P/B is below its estimated 13-year median — higher than 32% of readings in its estimated 13-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 13-year low
0.25
median
3.13
estimated 13-year high
24.04
P/B Ratio
1.77
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 | 1.91 |
| 2026-10-02 | 1.82 |
| 2026-10-01 | 1.80 |
| 2026-09-30 | 1.86 |
| 2026-09-29 | 1.87 |
| 2026-09-28 | 1.87 |
| 2026-09-25 | 1.84 |
| 2026-09-24 | 1.83 |
| 2026-09-23 | 1.91 |
| 2026-09-22 | 2.02 |
| 2026-09-21 | 1.99 |
| 2026-09-18 | 1.99 |
| 2026-09-17 | 1.98 |
| 2026-09-16 | 1.91 |
| 2026-09-15 | 1.84 |
| 2026-09-14 | 1.84 |
| 2026-09-11 | 1.81 |
| 2026-09-10 | 1.83 |
| 2026-09-09 | 1.91 |
| 2026-09-08 | 1.96 |
| 2026-09-04 | 1.95 |
| 2026-09-03 | 1.90 |
| 2026-09-02 | 1.92 |
| 2026-09-01 | 1.91 |
| 2026-08-31 | 1.88 |
| 2026-08-28 | 1.91 |
| 2026-08-27 | 1.99 |
| 2026-08-26 | 2.02 |
| 2026-08-25 | 2.00 |
| 2026-08-24 | 1.91 |
| 2026-08-21 | 1.83 |
| 2026-08-20 | 1.92 |
| 2026-08-19 | 2.08 |
| 2026-08-18 | 2.01 |
| 2026-08-17 | 2.06 |
| 2026-08-14 | 2.02 |
| 2026-08-13 | 1.68 |
| 2026-08-12 | 1.82 |
| 2026-08-11 | 1.83 |
| 2026-08-10 | 1.84 |
| 2026-08-07 | 1.87 |
| 2026-08-06 | 1.66 |
| 2026-08-05 | 1.74 |
| 2026-08-04 | 1.72 |
| 2026-08-03 | 1.67 |
| 2026-07-31 | 1.64 |
| 2026-07-30 | 1.68 |
| 2026-07-29 | 1.58 |
| 2026-07-28 | 1.55 |
| 2026-07-27 | 1.62 |
| 2026-07-24 | 1.61 |
| 2026-07-23 | 1.68 |
| 2026-07-22 | 1.72 |
| 2026-07-21 | 1.89 |
| 2026-07-20 | 1.87 |
| 2026-07-17 | 1.86 |
| 2026-07-16 | 1.82 |
| 2026-07-15 | 2.00 |
| 2026-07-14 | 2.00 |
| 2026-07-13 | 2.02 |
| 2026-07-10 | 2.07 |
| 2026-07-09 | 2.08 |
| 2026-07-08 | 1.96 |
| 2026-07-07 | 2.02 |
| 2026-07-06 | 2.00 |
| 2026-07-02 | 1.95 |
| 2026-07-01 | 2.02 |
| 2026-06-30 | 1.80 |
| 2026-06-29 | 1.62 |
| 2026-06-26 | 1.40 |
| 2026-06-25 | 1.25 |
| 2026-06-24 | 1.38 |
| 2026-06-23 | 1.44 |
| 2026-06-22 | 1.44 |
| 2026-06-18 | 1.40 |
| 2026-06-17 | 1.31 |
| 2026-06-16 | 1.27 |
| 2026-06-15 | 1.34 |
| 2026-06-12 | 1.38 |
| 2026-06-11 | 1.32 |
| 2026-06-10 | 1.25 |
| 2026-06-09 | 1.27 |
| 2026-06-08 | 1.28 |
| 2026-06-05 | 1.32 |
| 2026-06-04 | 1.48 |
| 2026-06-03 | 1.48 |
| 2026-06-02 | 1.72 |
| 2026-06-01 | 1.83 |
| 2026-05-29 | 1.90 |
| 2026-05-28 | 1.76 |
| 2026-05-27 | 1.58 |
| 2026-05-26 | 1.44 |
| 2026-05-22 | 1.50 |
| 2026-05-21 | 1.40 |
| 2026-05-20 | 1.23 |
| 2026-05-19 | 1.26 |
| 2026-05-18 | 1.16 |
| 2026-05-15 | 1.18 |
| 2026-05-14 | 1.27 |
| 2026-05-13 | 1.22 |
| 2026-05-12 | 1.29 |
| 2026-05-11 | 1.25 |
| 2026-05-08 | 1.37 |
| 2026-05-07 | 1.39 |
| 2026-05-06 | 1.31 |
| 2026-05-05 | 1.35 |
| 2026-05-04 | 1.03 |
| 2026-05-01 | 0.88 |
| 2026-04-30 | 0.72 |
| 2026-04-29 | 0.71 |
| 2026-04-28 | 0.75 |
| 2026-04-27 | 0.75 |
| 2026-04-24 | 0.76 |
| 2026-04-23 | 0.76 |
| 2026-04-22 | 0.79 |
| 2026-04-21 | 0.77 |
| 2026-04-20 | 0.80 |
| 2026-04-17 | 0.80 |
| 2026-04-16 | 0.79 |
| 2026-04-15 | 0.74 |
| 2026-04-14 | 0.77 |
| 2026-04-13 | 0.75 |
| 2026-04-10 | 0.71 |
| 2026-04-09 | 0.73 |
| 2026-04-08 | 0.68 |
| 2026-04-07 | 0.66 |
| 2026-04-06 | 0.68 |
| 2026-04-02 | 0.70 |
| 2026-04-01 | 0.71 |
| 2026-03-31 | 0.69 |
| 2026-03-30 | 0.65 |
| 2026-03-27 | 0.67 |
| 2026-03-26 | 0.71 |
| 2026-03-25 | 0.70 |
| 2026-03-24 | 0.65 |
| 2026-03-23 | 0.66 |
| 2026-03-20 | 0.63 |
| 2026-03-19 | 0.62 |
| 2026-03-18 | 0.61 |
| 2026-03-17 | 0.65 |
| 2026-03-16 | 0.67 |
| 2026-03-13 | 0.67 |
| 2026-03-12 | 0.67 |
| 2026-03-11 | 0.71 |
| 2026-03-10 | 0.74 |
| 2026-03-09 | 0.76 |
| 2026-03-06 | 0.76 |
| 2026-03-05 | 0.79 |
| 2026-03-04 | 0.83 |
| 2026-03-03 | 0.79 |
| 2026-03-02 | 0.86 |
| 2026-02-27 | 0.85 |
| 2026-02-26 | 0.79 |
| 2026-02-25 | 0.75 |
| 2026-02-24 | 0.82 |
| 2026-02-23 | 0.77 |
| 2026-02-20 | 0.74 |
| 2026-02-19 | 0.71 |
| 2026-02-18 | 0.70 |
| 2026-02-17 | 0.68 |
| 2026-02-13 | 0.64 |
| 2026-02-12 | 0.61 |
| 2026-02-11 | 0.59 |
| 2026-02-10 | 0.55 |
| 2026-02-09 | 0.57 |
| 2026-02-06 | 0.58 |
| 2026-02-05 | 0.53 |
| 2026-02-04 | 0.58 |
| 2026-02-03 | 0.59 |
| 2026-02-02 | 0.63 |
| 2026-01-30 | 0.61 |
| 2026-01-29 | 0.61 |
| 2026-01-28 | 0.62 |
| 2026-01-27 | 0.67 |
| 2026-01-26 | 0.63 |
| 2026-01-23 | 0.62 |
| 2026-01-22 | 0.64 |
| 2026-01-21 | 0.60 |
| 2026-01-20 | 0.56 |
| 2026-01-16 | 0.61 |
| 2026-01-15 | 0.53 |
| 2026-01-14 | 0.55 |
| 2026-01-13 | 0.52 |
| 2026-01-12 | 0.54 |
| 2026-01-09 | 0.53 |
| 2026-01-08 | 0.54 |
| 2026-01-07 | 0.56 |
| 2026-01-06 | 0.51 |
| 2026-01-05 | 0.51 |
| 2026-01-02 | 0.50 |
| 2025-12-31 | 0.50 |
| 2025-12-30 | 0.50 |
| 2025-12-29 | 0.51 |
| 2025-12-26 | 0.51 |
| 2025-12-24 | 0.51 |
| 2025-12-23 | 0.50 |
| 2025-12-22 | 0.53 |
| 2025-12-19 | 0.53 |
| 2025-12-18 | 0.53 |
| 2025-12-17 | 0.53 |
| 2025-12-16 | 0.55 |
| 2025-12-15 | 0.57 |
| 2025-12-12 | 0.58 |
| 2025-12-11 | 0.56 |
| 2025-12-10 | 0.55 |
| 2025-12-09 | 0.53 |
| 2025-12-08 | 0.54 |
| 2025-12-05 | 0.55 |
| 2025-12-04 | 0.56 |
| 2025-12-03 | 0.55 |
| 2025-12-02 | 0.51 |
| 2025-12-01 | 0.52 |
| 2025-11-28 | 0.58 |
| 2025-11-26 | 0.56 |
| 2025-11-25 | 0.54 |
| 2025-11-24 | 0.55 |
| 2025-11-21 | 0.52 |
| 2025-11-20 | 0.51 |
| 2025-11-19 | 0.53 |
| 2025-11-18 | 0.52 |
| 2025-11-17 | 0.49 |
| 2025-11-14 | 0.49 |
| 2025-11-13 | 0.45 |
| 2025-11-12 | 0.47 |
| 2025-11-11 | 0.51 |
| 2025-11-10 | 0.49 |
| 2025-11-07 | 0.49 |
| 2025-11-06 | 0.47 |
| 2025-11-05 | 0.49 |
| 2025-11-04 | 0.54 |
| 2025-11-03 | 0.57 |
| 2025-10-31 | 0.61 |
| 2025-10-30 | 0.59 |
| 2025-10-29 | 0.61 |
| 2025-10-28 | 0.68 |
| 2025-10-27 | 0.70 |
| 2025-10-24 | 0.75 |
| 2025-10-23 | 0.69 |
| 2025-10-22 | 0.68 |
| 2025-10-21 | 0.69 |
| 2025-10-20 | 0.70 |
| 2025-10-17 | 0.67 |
| 2025-10-16 | 0.70 |
| 2025-10-15 | 0.69 |
| 2025-10-14 | 0.68 |
| 2025-10-13 | 0.63 |
| 2025-10-10 | 0.74 |
| 2025-10-09 | 0.73 |
| 2025-10-08 | 0.68 |
| 2025-10-07 | 0.63 |
| 2025-10-06 | 0.64 |
| 2025-10-03 | 0.55 |
| 2025-10-02 | 0.55 |
| 2025-10-01 | 0.57 |
| 2025-09-30 | 0.57 |
| 2025-09-29 | 0.45 |
| 2025-09-26 | 0.45 |
| 2025-09-25 | 0.44 |
| 2025-09-24 | 0.46 |
| 2025-09-23 | 0.44 |
Showing the most recent 260 of 3,157 data points. The chart above shows the full history.