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 8.43 is 72% below its estimated 5-year average of 29.96, near the low end of its estimated 5-year range (5.07–96.44).
As of 2026-10-06T14:11:54.783Z. 4.90% below its estimated 12-month average of 8.86.
Calculation as of: 2026-10-06T14:11:54.783Z.
Quote observation: 2026-10-06T14:10:12.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: b9a2d2db2be945c16edee98cba01b126f96cbf91f2738ca0190340e0e6f1b0bf
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
8.43
PB RATIO AVG TTM
8.86
PB RATIO AVG 3Y
27.40
PB RATIO AVG 5Y
29.96
PB RATIO AVG 10Y
9.44
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-4.90%
CURRENT VS 3Y AVG
-69.23%
CURRENT VS 5Y AVG
-71.86%
CURRENT VS 10Y AVG
-10.67%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.47
median of 500 covered companies
CURRENT VS SECTOR MEDIAN
+241.30%
vs the sector median at left
Fennec Pharmaceuticals Inc.
Market Cap
$357.79M
PB Ratio
8.43
TTM Avg
8.86
3Y Avg
27.40
5Y Avg
29.96
Market Cap
$352.72M
PB Ratio
3.49
TTM Avg
3.58
3Y Avg
2.16
5Y Avg
2.45
Market Cap
$340.28M
PB Ratio
0.98
TTM Avg
1.45
3Y Avg
1.04
5Y Avg
1.04
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fennec Pharmaceuticals Inc. (FENC) | $357.79M | 8.43 | 8.86 | 27.40 | 29.96 |
| Opus Genetics, Inc. (IRD)vs › | $354.62M | N/A | 47.62 | 29.95 | 29.95 |
| Embecta Corp. (EMBC)vs › | $353.30M | N/A | N/A | N/A | N/A |
| Enanta Pharmaceuticals, Inc. (ENTA)vs › | $352.72M | 3.49 | 3.58 | 2.16 | 2.45 |
| Agenus Inc. (AGEN)vs › | $342.72M | N/A | 69.99 | 69.99 | 69.99 |
| Canopy Growth Corporation (CGC)vs › | $375.13M | 0.77 | 0.64 | 0.88 | 4.41 |
| Artiva Biotherapeutics, Inc. (ARTV)vs › | $340.28M | 0.98 | 1.45 | 1.04 | 1.04 |
| Kyverna Therapeutics, Inc. (KYTX)vs › | $377.54M | 2.28 | 2.33 | 1.35 | 1.35 |
| ClearPoint Neuro, Inc. (CLPT)vs › | $337.38M | 31.31 | 25.66 | 15.77 | 11.75 |
| MapLight Therapeutics, Inc. (MPLT)vs › | $387.44M | 1.11 | 2.57 | 2.57 | 2.57 |
At 8.43, P/B is near its estimated 9-year median — higher than 51% of readings in its estimated 9-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 9-year low
3.36
median
8.24
estimated 9-year high
96.44
P/B Ratio
8.43
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 | 9.12 |
| 2026-10-02 | 8.76 |
| 2026-10-01 | 8.87 |
| 2026-09-30 | 9.14 |
| 2026-09-29 | 9.27 |
| 2026-09-28 | 9.40 |
| 2026-09-25 | 9.11 |
| 2026-09-24 | 9.12 |
| 2026-09-23 | 9.02 |
| 2026-09-22 | 9.45 |
| 2026-09-21 | 9.36 |
| 2026-09-18 | 9.12 |
| 2026-09-17 | 9.25 |
| 2026-09-16 | 9.06 |
| 2026-09-15 | 9.13 |
| 2026-09-14 | 9.20 |
| 2026-09-11 | 9.41 |
| 2026-09-10 | 9.70 |
| 2026-09-09 | 10.00 |
| 2026-09-08 | 10.69 |
| 2026-09-04 | 10.63 |
| 2026-09-03 | 10.77 |
| 2026-09-02 | 10.57 |
| 2026-09-01 | 10.33 |
| 2026-08-31 | 10.60 |
| 2026-08-28 | 10.53 |
| 2026-08-27 | 10.10 |
| 2026-08-26 | 10.45 |
| 2026-08-25 | 10.05 |
| 2026-08-24 | 9.79 |
| 2026-08-21 | 9.69 |
| 2026-08-20 | 9.74 |
| 2026-08-19 | 10.19 |
| 2026-08-18 | 10.19 |
| 2026-08-17 | 10.15 |
| 2026-08-14 | 10.06 |
| 2026-08-13 | 11.38 |
| 2026-08-12 | 11.16 |
| 2026-08-11 | 12.06 |
| 2026-08-10 | 10.32 |
| 2026-08-07 | 10.93 |
| 2026-08-06 | 10.23 |
| 2026-08-05 | 9.93 |
| 2026-08-04 | 9.54 |
| 2026-08-03 | 9.05 |
| 2026-07-31 | 9.03 |
| 2026-07-30 | 9.35 |
| 2026-07-29 | 9.11 |
| 2026-07-28 | 9.38 |
| 2026-07-27 | 9.63 |
| 2026-07-24 | 9.43 |
| 2026-07-23 | 9.58 |
| 2026-07-22 | 9.74 |
| 2026-07-21 | 9.80 |
| 2026-07-20 | 9.34 |
| 2026-07-17 | 9.91 |
| 2026-07-16 | 9.85 |
| 2026-07-15 | 10.00 |
| 2026-07-14 | 10.53 |
| 2026-07-13 | 10.14 |
| 2026-07-10 | 9.90 |
| 2026-07-09 | 9.73 |
| 2026-07-08 | 9.67 |
| 2026-07-07 | 9.91 |
| 2026-07-06 | 10.09 |
| 2026-07-02 | 10.10 |
| 2026-07-01 | 9.76 |
| 2026-06-30 | 10.14 |
| 2026-06-29 | 10.41 |
| 2026-06-26 | 10.40 |
| 2026-06-25 | 9.95 |
| 2026-06-24 | 9.81 |
| 2026-06-23 | 9.72 |
| 2026-06-22 | 8.99 |
| 2026-06-18 | 8.55 |
| 2026-06-17 | 8.47 |
| 2026-06-16 | 8.45 |
| 2026-06-15 | 8.67 |
| 2026-06-12 | 8.49 |
| 2026-06-11 | 8.35 |
| 2026-06-10 | 8.21 |
| 2026-06-09 | 8.27 |
| 2026-06-08 | 8.40 |
| 2026-06-05 | 8.21 |
| 2026-06-04 | 8.64 |
| 2026-06-03 | 8.62 |
| 2026-06-02 | 9.42 |
| 2026-06-01 | 9.32 |
| 2026-05-29 | 9.37 |
| 2026-05-28 | 9.33 |
| 2026-05-27 | 9.41 |
| 2026-05-26 | 9.33 |
| 2026-05-22 | 9.37 |
| 2026-05-21 | 9.41 |
| 2026-05-20 | 9.20 |
| 2026-05-19 | 9.21 |
| 2026-05-18 | 9.06 |
| 2026-05-15 | 9.20 |
| 2026-05-14 | 8.12 |
| 2026-05-13 | 5.95 |
| 2026-05-12 | 6.18 |
| 2026-05-11 | 6.24 |
| 2026-05-08 | 6.09 |
| 2026-05-07 | 6.06 |
| 2026-05-06 | 6.31 |
| 2026-05-05 | 5.91 |
| 2026-05-04 | 5.84 |
| 2026-05-01 | 5.75 |
| 2026-04-30 | 5.70 |
| 2026-04-29 | 5.50 |
| 2026-04-28 | 5.89 |
| 2026-04-27 | 6.02 |
| 2026-04-24 | 6.01 |
| 2026-04-23 | 5.85 |
| 2026-04-22 | 5.87 |
| 2026-04-21 | 5.75 |
| 2026-04-20 | 5.91 |
| 2026-04-17 | 5.97 |
| 2026-04-16 | 5.54 |
| 2026-04-15 | 5.71 |
| 2026-04-14 | 5.49 |
| 2026-04-13 | 5.21 |
| 2026-04-10 | 5.11 |
| 2026-04-09 | 5.62 |
| 2026-04-08 | 5.70 |
| 2026-04-07 | 5.55 |
| 2026-04-06 | 5.64 |
| 2026-04-02 | 5.64 |
| 2026-04-01 | 5.63 |
| 2026-03-31 | 5.41 |
| 2026-03-30 | 5.07 |
| 2024-08-13 | 60.35 |
| 2024-08-12 | 64.47 |
| 2024-08-09 | 61.17 |
| 2024-08-08 | 62.72 |
| 2024-08-07 | 59.42 |
| 2024-08-06 | 58.08 |
| 2024-08-05 | 59.11 |
| 2024-08-02 | 59.42 |
| 2024-08-01 | 64.68 |
| 2024-07-31 | 66.74 |
| 2024-07-30 | 65.30 |
| 2024-07-29 | 64.68 |
| 2024-07-26 | 67.15 |
| 2024-07-25 | 68.19 |
| 2024-07-24 | 67.77 |
| 2024-07-23 | 69.11 |
| 2024-07-22 | 67.77 |
| 2024-07-19 | 65.92 |
| 2024-07-18 | 65.40 |
| 2024-07-17 | 68.60 |
| 2024-07-16 | 69.42 |
| 2024-07-15 | 67.46 |
| 2024-07-12 | 65.92 |
| 2024-07-11 | 67.36 |
| 2024-07-10 | 61.89 |
| 2024-07-09 | 60.45 |
| 2024-07-08 | 59.93 |
| 2024-07-05 | 59.93 |
| 2024-07-03 | 62.20 |
| 2024-07-02 | 62.20 |
| 2024-07-01 | 64.68 |
| 2024-06-28 | 63.03 |
| 2024-06-27 | 63.44 |
| 2024-06-26 | 62.10 |
| 2024-06-25 | 63.96 |
| 2024-06-24 | 65.50 |
| 2024-06-21 | 66.23 |
| 2024-06-20 | 67.46 |
| 2024-06-18 | 68.60 |
| 2024-06-17 | 70.25 |
| 2024-06-14 | 69.73 |
| 2024-06-13 | 70.97 |
| 2024-06-12 | 70.87 |
| 2024-06-11 | 74.79 |
| 2024-06-10 | 73.24 |
| 2024-06-07 | 70.76 |
| 2024-06-06 | 70.66 |
| 2024-06-05 | 69.11 |
| 2024-06-04 | 68.91 |
| 2024-06-03 | 69.42 |
| 2024-05-31 | 69.94 |
| 2024-05-30 | 70.66 |
| 2024-05-29 | 73.76 |
| 2024-05-28 | 72.52 |
| 2024-05-24 | 69.11 |
| 2024-05-23 | 70.87 |
| 2024-05-22 | 74.17 |
| 2024-05-21 | 73.45 |
| 2024-05-20 | 75.41 |
| 2024-05-17 | 72.62 |
| 2024-05-16 | 73.45 |
| 2024-05-15 | 72.00 |
| 2023-03-29 | 77.52 |
| 2023-03-28 | 78.27 |
| 2023-03-27 | 76.50 |
| 2023-03-24 | 70.72 |
| 2023-03-23 | 68.76 |
| 2023-03-22 | 70.53 |
| 2023-03-21 | 74.45 |
| 2023-03-20 | 75.29 |
| 2023-03-17 | 76.87 |
| 2023-03-16 | 78.83 |
| 2023-03-15 | 78.27 |
| 2023-03-14 | 83.02 |
| 2023-03-13 | 76.96 |
| 2023-03-10 | 82.37 |
| 2023-03-09 | 85.63 |
| 2023-03-08 | 84.32 |
| 2023-03-07 | 83.58 |
| 2023-03-06 | 85.35 |
| 2023-03-03 | 83.95 |
| 2023-03-02 | 85.26 |
| 2023-03-01 | 85.16 |
| 2023-02-28 | 83.86 |
| 2023-02-27 | 83.67 |
| 2023-02-24 | 83.58 |
| 2023-02-23 | 84.70 |
| 2023-02-22 | 85.07 |
| 2023-02-21 | 84.05 |
| 2023-02-17 | 85.16 |
| 2023-02-16 | 87.21 |
| 2023-02-15 | 88.14 |
| 2023-02-14 | 90.19 |
| 2023-02-13 | 90.57 |
| 2023-02-10 | 91.31 |
| 2023-02-09 | 92.52 |
| 2023-02-08 | 91.41 |
| 2023-02-07 | 92.90 |
| 2023-02-06 | 90.47 |
| 2023-02-03 | 93.27 |
| 2023-02-02 | 94.57 |
| 2023-02-01 | 95.13 |
| 2023-01-31 | 93.27 |
| 2023-01-30 | 87.77 |
| 2023-01-27 | 88.14 |
| 2023-01-26 | 91.59 |
| 2023-01-25 | 92.71 |
| 2023-01-24 | 85.63 |
| 2023-01-23 | 90.29 |
| 2023-01-20 | 92.24 |
| 2023-01-19 | 92.52 |
| 2023-01-18 | 94.20 |
| 2023-01-17 | 94.01 |
| 2023-01-13 | 96.44 |
| 2023-01-12 | 93.55 |
| 2023-01-11 | 95.13 |
| 2023-01-10 | 94.95 |
| 2023-01-09 | 92.62 |
| 2023-01-06 | 92.62 |
| 2023-01-05 | 94.76 |
| 2023-01-04 | 95.51 |
| 2023-01-03 | 93.46 |
| 2022-12-30 | 89.45 |
| 2022-12-29 | 90.19 |
| 2022-12-28 | 88.80 |
| 2022-12-27 | 91.59 |
| 2022-12-23 | 91.13 |
| 2022-12-22 | 92.52 |
| 2022-12-21 | 95.23 |
Showing the most recent 260 of 1,586 data points. The chart above shows the full history.
