Basis: FMP quote market capitalization / matching reported stockholders equity. 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 10.57 is 237% above its estimated 5-year average of 3.13, around the middle of its estimated 5-year range (2.00–18.68).
As of 2026-09-25T00:15:42.569Z. 8.75% above its estimated 12-month average of 9.72.
Calculation as of: 2026-09-25T00:15:42.569Z.
Quote observation: 2026-09-24T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 8ce037754b5fa523b923f3e2459c415ec73df412f43efcc4d7230f2dcbb24f59
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 2026-09-11.
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
10.57
PB RATIO AVG TTM
9.72
PB RATIO AVG 3Y
4.78
PB RATIO AVG 5Y
3.13
PB RATIO AVG 10Y
2.34
PB RATIO AVG 15Y
1.91
PB RATIO AVG 20Y
1.99
CURRENT VS TTM AVG
+8.75%
CURRENT VS 3Y AVG
+121.04%
CURRENT VS 5Y AVG
+237.35%
CURRENT VS 10Y AVG
+352.33%
CURRENT VS 15Y AVG
+454.47%
CURRENT VS 20Y AVG
+430.84%
SECTOR MEDIAN · TECHNOLOGY
6.58
median of 184 covered companies
CURRENT VS SECTOR MEDIAN
+60.76%
vs the sector median at left
Market Cap
$105.17B
PB Ratio
17.44
TTM Avg
15.77
3Y Avg
21.25
5Y Avg
23.03
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corning Inc (GLW) | $132.73B | 10.57 | 9.72 | 4.78 | 3.13 |
| Fortinet, Inc. (FTNT)vs › | $131.09B | 84.52 | 73.61 | 151.22 | 455.88 |
| Cloudflare, Inc. (NET)vs › | $127.39B | 78.64 | 54.65 | 44.17 | 41.37 |
| Uber Technologies, Inc. (UBER)vs › | $140.90B | 5.16 | 6.52 | 9.67 | 8.87 |
| ServiceNow, Inc. (NOW)vs › | $142.45B | 11.38 | 11.66 | 17.24 | 20.09 |
| Snowflake Inc. (SNOW)vs › | $115.76B | 53.85 | 36.75 | 22.43 | 18.23 |
| Western Digital Corporation (WDC)vs › | $155.21B | 17.51 | 15.31 | 6.21 | 4.09 |
| Accenture plc (ACN)vs › | $108.56B | 3.40 | 4.22 | 6.38 | 7.46 |
| Automatic Data Processing, Inc. (ADP)vs › | $105.17B | 17.44 | 15.77 | 21.25 | 23.03 |
| AppLovin Corporation (APP)vs › | $104.97B | 33.19 | 102.43 | 85.77 | 58.94 |
At 10.57, P/B is above its estimated 20-year median — higher than 98% 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
0.74
median
1.89
estimated 20-year high
18.68
P/B Ratio
10.57
Market Price / Book Value per Share
PB Ratio = Market Cap / Total Shareholders' Equity
The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PB RATIO |
|---|---|
| 2026-09-11 | 11.57 |
| 2026-09-10 | 11.34 |
| 2026-09-09 | 11.71 |
| 2026-09-08 | 11.54 |
| 2026-09-04 | 10.73 |
| 2026-09-03 | 10.15 |
| 2026-09-02 | 10.02 |
| 2026-09-01 | 10.12 |
| 2026-08-31 | 10.34 |
| 2026-08-28 | 10.36 |
| 2026-08-27 | 10.63 |
| 2026-08-26 | 10.62 |
| 2026-08-25 | 10.23 |
| 2026-08-24 | 10.12 |
| 2026-08-21 | 10.42 |
| 2026-08-20 | 10.53 |
| 2026-08-19 | 10.60 |
| 2026-08-18 | 11.12 |
| 2026-08-17 | 12.05 |
| 2026-08-14 | 11.54 |
| 2026-08-13 | 11.03 |
| 2026-08-12 | 11.64 |
| 2026-08-11 | 11.07 |
| 2026-08-10 | 10.97 |
| 2026-08-07 | 11.52 |
| 2026-08-06 | 10.93 |
| 2026-08-05 | 10.90 |
| 2026-08-04 | 11.12 |
| 2026-08-03 | 10.20 |
| 2026-07-31 | 9.61 |
| 2026-07-30 | 9.40 |
| 2026-07-29 | 9.06 |
| 2026-07-28 | 9.20 |
| 2026-07-27 | 10.47 |
| 2026-07-24 | 10.71 |
| 2026-07-23 | 11.40 |
| 2026-07-22 | 11.25 |
| 2026-07-21 | 11.86 |
| 2026-07-20 | 11.18 |
| 2026-07-17 | 11.29 |
| 2026-07-16 | 11.57 |
| 2026-07-15 | 12.74 |
| 2026-07-14 | 13.71 |
| 2026-07-13 | 13.38 |
| 2026-07-10 | 13.94 |
| 2026-07-09 | 14.05 |
| 2026-07-08 | 13.44 |
| 2026-07-07 | 13.54 |
| 2026-07-06 | 14.23 |
| 2026-07-02 | 14.37 |
| 2026-07-01 | 16.12 |
| 2026-06-30 | 18.66 |
| 2026-06-29 | 18.68 |
| 2026-06-26 | 16.15 |
| 2026-06-25 | 16.65 |
| 2026-06-24 | 15.03 |
| 2026-06-23 | 14.18 |
| 2026-06-22 | 15.33 |
| 2026-06-18 | 14.24 |
| 2026-06-17 | 12.81 |
| 2026-06-16 | 12.96 |
| 2026-06-15 | 13.72 |
| 2026-06-12 | 13.09 |
| 2026-06-11 | 12.90 |
| 2026-06-10 | 12.28 |
| 2026-06-09 | 12.71 |
| 2026-06-08 | 13.70 |
| 2026-06-05 | 12.97 |
| 2026-06-04 | 14.44 |
| 2026-06-03 | 14.66 |
| 2026-06-02 | 14.64 |
| 2026-06-01 | 12.91 |
| 2026-05-29 | 13.23 |
| 2026-05-28 | 13.36 |
| 2026-05-27 | 13.94 |
| 2026-05-26 | 14.33 |
| 2026-05-22 | 14.17 |
| 2026-05-21 | 14.02 |
| 2026-05-20 | 13.20 |
| 2026-05-19 | 12.84 |
| 2026-05-18 | 13.04 |
| 2026-05-15 | 14.01 |
| 2026-05-14 | 15.21 |
| 2026-05-13 | 15.08 |
| 2026-05-12 | 14.48 |
| 2026-05-11 | 15.15 |
| 2026-05-08 | 13.65 |
| 2026-05-07 | 13.32 |
| 2026-05-06 | 13.26 |
| 2026-05-05 | 11.84 |
| 2026-05-04 | 11.68 |
| 2026-05-01 | 11.53 |
| 2026-04-30 | 11.96 |
| 2026-04-29 | 11.06 |
| 2026-04-28 | 11.15 |
| 2026-04-27 | 12.24 |
| 2026-04-24 | 12.81 |
| 2026-04-23 | 12.35 |
| 2026-04-22 | 12.29 |
| 2026-04-21 | 12.05 |
| 2026-04-20 | 12.05 |
| 2026-04-17 | 11.97 |
| 2026-04-16 | 12.10 |
| 2026-04-15 | 12.26 |
| 2026-04-14 | 12.59 |
| 2026-04-13 | 12.76 |
| 2026-04-10 | 12.47 |
| 2026-04-09 | 12.37 |
| 2026-04-08 | 12.03 |
| 2026-04-07 | 10.82 |
| 2026-04-06 | 10.67 |
| 2026-04-02 | 10.77 |
| 2026-04-01 | 10.37 |
| 2026-03-31 | 9.90 |
| 2026-03-30 | 9.36 |
| 2026-03-27 | 9.96 |
| 2026-03-26 | 9.86 |
| 2026-03-25 | 10.66 |
| 2026-03-24 | 10.34 |
| 2026-03-23 | 9.54 |
| 2026-03-20 | 9.07 |
| 2026-03-19 | 9.69 |
| 2026-03-18 | 9.46 |
| 2026-03-17 | 9.46 |
| 2026-03-16 | 9.62 |
| 2026-03-13 | 9.40 |
| 2026-03-12 | 9.45 |
| 2026-03-11 | 9.60 |
| 2026-03-10 | 9.92 |
| 2026-03-09 | 9.40 |
| 2026-03-06 | 8.98 |
| 2026-03-05 | 9.81 |
| 2026-03-04 | 10.55 |
| 2026-03-03 | 10.75 |
| 2026-03-02 | 11.50 |
| 2026-02-27 | 10.95 |
| 2026-02-26 | 10.95 |
| 2026-02-25 | 11.69 |
| 2026-02-24 | 11.04 |
| 2026-02-23 | 10.58 |
| 2026-02-20 | 10.16 |
| 2026-02-19 | 9.47 |
| 2026-02-18 | 9.62 |
| 2026-02-17 | 9.51 |
| 2026-02-13 | 9.72 |
| 2026-02-12 | 9.80 |
| 2026-02-11 | 9.91 |
| 2026-02-10 | 9.55 |
| 2026-02-09 | 9.80 |
| 2026-02-06 | 9.11 |
| 2026-02-05 | 8.41 |
| 2026-02-04 | 8.18 |
| 2026-02-03 | 8.41 |
| 2026-02-02 | 8.23 |
| 2026-01-30 | 7.70 |
| 2026-01-29 | 7.68 |
| 2026-01-28 | 7.77 |
| 2026-01-27 | 8.18 |
| 2026-01-26 | 7.08 |
| 2026-01-23 | 6.96 |
| 2026-01-22 | 7.03 |
| 2026-01-21 | 6.97 |
| 2026-01-20 | 6.90 |
| 2026-01-16 | 7.02 |
| 2026-01-15 | 6.97 |
| 2026-01-14 | 6.73 |
| 2026-01-13 | 6.70 |
| 2026-01-12 | 6.55 |
| 2026-01-09 | 6.35 |
| 2026-01-08 | 6.36 |
| 2026-01-07 | 6.56 |
| 2026-01-06 | 6.65 |
| 2026-01-05 | 6.61 |
| 2026-01-02 | 6.76 |
| 2025-12-31 | 6.53 |
| 2025-12-30 | 6.62 |
| 2025-12-29 | 6.63 |
| 2025-12-26 | 6.68 |
| 2025-12-24 | 6.68 |
| 2025-12-23 | 6.66 |
| 2025-12-22 | 6.59 |
| 2025-12-19 | 6.55 |
| 2025-12-18 | 6.48 |
| 2025-12-17 | 6.37 |
| 2025-12-16 | 6.43 |
| 2025-12-15 | 6.57 |
| 2025-12-12 | 6.58 |
| 2025-12-11 | 7.15 |
| 2025-12-10 | 7.02 |
| 2025-12-09 | 6.79 |
| 2025-12-08 | 6.58 |
| 2025-12-05 | 6.41 |
| 2025-12-04 | 6.37 |
| 2025-12-03 | 6.23 |
| 2025-12-02 | 6.24 |
| 2025-12-01 | 6.18 |
| 2025-11-28 | 6.28 |
| 2025-11-26 | 6.23 |
| 2025-11-25 | 6.18 |
| 2025-11-24 | 6.16 |
| 2025-11-21 | 5.92 |
| 2025-11-20 | 5.82 |
| 2025-11-19 | 6.09 |
| 2025-11-18 | 5.97 |
| 2025-11-17 | 6.04 |
| 2025-11-14 | 6.12 |
| 2025-11-13 | 6.14 |
| 2025-11-12 | 6.64 |
| 2025-11-11 | 6.56 |
| 2025-11-10 | 6.60 |
| 2025-11-07 | 6.37 |
| 2025-11-06 | 6.55 |
| 2025-11-05 | 6.49 |
| 2025-11-04 | 6.35 |
| 2025-11-03 | 6.52 |
| 2025-10-31 | 6.94 |
| 2025-10-30 | 7.03 |
| 2025-10-29 | 7.03 |
| 2025-10-28 | 6.73 |
| 2025-10-27 | 6.96 |
| 2025-10-24 | 6.81 |
| 2025-10-23 | 6.69 |
| 2025-10-22 | 6.55 |
| 2025-10-21 | 6.70 |
| 2025-10-20 | 6.64 |
| 2025-10-17 | 6.58 |
| 2025-10-16 | 6.76 |
| 2025-10-15 | 6.75 |
| 2025-10-14 | 6.59 |
| 2025-10-13 | 6.66 |
| 2025-10-10 | 6.46 |
| 2025-10-09 | 6.79 |
| 2025-10-08 | 6.78 |
| 2025-10-07 | 6.63 |
| 2025-10-06 | 6.65 |
| 2025-10-03 | 6.51 |
| 2025-10-02 | 6.43 |
| 2025-10-01 | 6.48 |
| 2025-09-30 | 6.39 |
| 2025-09-29 | 6.25 |
| 2025-09-26 | 6.18 |
| 2025-09-25 | 6.16 |
| 2025-09-24 | 6.23 |
| 2025-09-23 | 6.31 |
| 2025-09-22 | 6.17 |
| 2025-09-19 | 6.20 |
| 2025-09-18 | 6.20 |
| 2025-09-17 | 5.99 |
| 2025-09-16 | 6.13 |
| 2025-09-15 | 6.08 |
| 2025-09-12 | 6.00 |
| 2025-09-11 | 5.88 |
| 2025-09-10 | 5.84 |
| 2025-09-09 | 5.64 |
| 2025-09-08 | 5.62 |
| 2025-09-05 | 5.55 |
| 2025-09-04 | 5.43 |
| 2025-09-03 | 5.40 |
| 2025-09-02 | 5.33 |
| 2025-08-29 | 5.22 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
