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 8.55 is 17% below its estimated 4-year average of 10.25, near the low end of its estimated 4-year range (3.25–22.02).
As of 2026-09-26T00:15:48.253Z. 36.54% above its estimated 12-month average of 6.26.
Calculation as of: 2026-09-26T00:15:48.253Z.
Quote observation: 2026-09-25T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 2a518654b7bbeccb84a3994b0029a375da3ff8ffa690cd71fc6de546374db7a7
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
8.55
PB RATIO AVG TTM
6.26
PB RATIO AVG 3Y
10.86
PB RATIO AVG 5Y
N/A
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+36.54%
CURRENT VS 3Y AVG
-21.26%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.64
median of 184 covered companies
CURRENT VS SECTOR MEDIAN
+28.67%
vs the sector median at left
Market Cap
$7.68B
PB Ratio
6.28
TTM Avg
6.30
3Y Avg
8.40
5Y Avg
13.33
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GitLab Inc. (GTLB) | $7.91B | 8.55 | 6.26 | 10.86 | N/A |
| Applied Optoelectronics, Inc. (AAOI)vs › | $8.14B | 4.88 | 7.25 | 4.60 | 2.98 |
| Paylocity Holding Corporation (PCTY)vs › | $7.68B | 6.28 | 6.30 | 8.40 | 13.33 |
| Applied Digital Corp. (APLD)vs › | $7.56B | 4.24 | 6.37 | 5.11 | 5.34 |
| SentinelOne, Inc. (S)vs › | $7.54B | 5.20 | 3.69 | 3.99 | 3.98 |
| Zeta Global Holdings Corp. (ZETA)vs › | $7.36B | 7.95 | 5.95 | 9.18 | 9.65 |
| AppFolio Inc. (APPF)vs › | $7.30B | 13.87 | 14.61 | 20.20 | 18.63 |
| Cipher Mining Inc. (CIFR)vs › | $7.25B | 12.90 | 9.79 | 4.80 | 4.00 |
| InterDigital, Inc. (IDCC)vs › | $8.62B | 7.17 | 10.26 | 7.58 | 5.72 |
| Plexus Corp. (PLXS)vs › | $7.04B | 4.60 | 3.84 | 3.02 | 2.78 |
At 8.55, P/B is below its estimated 4-year median — higher than 31% of readings in its estimated 4-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 4-year low
3.25
median
9.48
estimated 4-year high
22.02
P/B Ratio
8.55
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 | 8.57 |
| 2026-09-10 | 8.62 |
| 2026-09-09 | 8.44 |
| 2026-09-08 | 8.59 |
| 2026-09-04 | 9.08 |
| 2026-09-03 | 8.99 |
| 2026-09-02 | 9.04 |
| 2026-09-01 | 7.78 |
| 2026-08-31 | 8.03 |
| 2026-08-28 | 7.74 |
| 2026-08-27 | 7.73 |
| 2026-08-26 | 7.13 |
| 2026-08-25 | 7.19 |
| 2026-08-24 | 7.25 |
| 2026-08-21 | 7.19 |
| 2026-08-20 | 7.26 |
| 2026-08-19 | 7.35 |
| 2026-08-18 | 7.16 |
| 2026-08-17 | 6.99 |
| 2026-08-14 | 7.35 |
| 2026-08-13 | 7.48 |
| 2026-08-12 | 7.04 |
| 2026-08-11 | 7.26 |
| 2026-08-10 | 7.03 |
| 2026-08-07 | 6.72 |
| 2026-08-06 | 6.15 |
| 2026-08-05 | 6.24 |
| 2026-08-04 | 6.29 |
| 2026-08-03 | 6.14 |
| 2026-07-31 | 5.95 |
| 2026-07-30 | 5.82 |
| 2026-07-29 | 5.87 |
| 2026-07-28 | 5.69 |
| 2026-07-27 | 5.67 |
| 2026-07-24 | 5.40 |
| 2026-07-23 | 5.21 |
| 2026-07-22 | 5.41 |
| 2026-07-21 | 5.67 |
| 2026-07-20 | 5.88 |
| 2026-07-17 | 5.64 |
| 2026-07-16 | 5.48 |
| 2026-07-15 | 5.66 |
| 2026-07-14 | 5.69 |
| 2026-07-13 | 5.77 |
| 2026-07-10 | 5.59 |
| 2026-07-09 | 5.84 |
| 2026-07-08 | 5.48 |
| 2026-07-07 | 5.62 |
| 2026-07-06 | 5.67 |
| 2026-07-02 | 5.53 |
| 2026-07-01 | 5.44 |
| 2026-06-30 | 5.27 |
| 2026-06-29 | 5.15 |
| 2026-06-26 | 5.01 |
| 2026-06-25 | 4.74 |
| 2026-06-24 | 4.88 |
| 2026-06-23 | 4.66 |
| 2026-06-22 | 4.46 |
| 2026-06-18 | 4.58 |
| 2026-06-17 | 4.57 |
| 2026-06-16 | 4.80 |
| 2026-06-15 | 4.88 |
| 2026-06-12 | 4.79 |
| 2026-06-11 | 4.90 |
| 2026-06-10 | 4.92 |
| 2026-06-09 | 5.23 |
| 2026-06-08 | 5.36 |
| 2026-06-05 | 5.37 |
| 2026-06-04 | 5.32 |
| 2026-06-03 | 5.34 |
| 2026-06-02 | 5.33 |
| 2026-06-01 | 5.66 |
| 2026-05-29 | 5.20 |
| 2026-05-28 | 4.67 |
| 2026-05-27 | 4.44 |
| 2026-05-26 | 4.48 |
| 2026-05-22 | 4.47 |
| 2026-05-21 | 4.29 |
| 2026-05-20 | 4.47 |
| 2026-05-19 | 4.26 |
| 2026-05-18 | 4.20 |
| 2026-05-15 | 3.96 |
| 2026-05-14 | 3.78 |
| 2026-05-13 | 3.69 |
| 2026-05-12 | 3.86 |
| 2026-05-11 | 4.29 |
| 2026-05-08 | 4.35 |
| 2026-05-07 | 4.34 |
| 2026-05-06 | 4.07 |
| 2026-05-05 | 4.16 |
| 2026-05-04 | 4.12 |
| 2026-05-01 | 4.03 |
| 2026-04-30 | 3.71 |
| 2026-04-29 | 3.67 |
| 2026-04-28 | 3.76 |
| 2026-04-27 | 3.59 |
| 2026-04-24 | 3.60 |
| 2026-04-23 | 3.46 |
| 2026-04-22 | 3.74 |
| 2026-04-21 | 3.71 |
| 2026-04-20 | 3.63 |
| 2026-04-17 | 3.58 |
| 2026-04-16 | 3.65 |
| 2026-04-15 | 3.64 |
| 2026-04-14 | 3.36 |
| 2026-04-13 | 3.35 |
| 2026-04-10 | 3.25 |
| 2026-04-09 | 3.29 |
| 2026-04-08 | 3.57 |
| 2026-04-07 | 3.87 |
| 2026-04-06 | 3.81 |
| 2026-04-02 | 3.78 |
| 2026-04-01 | 3.68 |
| 2026-03-31 | 3.62 |
| 2026-03-30 | 3.48 |
| 2026-03-27 | 3.41 |
| 2026-03-26 | 3.56 |
| 2026-03-25 | 3.46 |
| 2026-03-24 | 3.46 |
| 2026-03-23 | 3.73 |
| 2026-03-20 | 3.72 |
| 2026-03-19 | 3.83 |
| 2026-03-18 | 3.79 |
| 2026-03-17 | 4.12 |
| 2026-03-16 | 4.06 |
| 2026-03-13 | 4.08 |
| 2026-03-12 | 4.10 |
| 2026-03-11 | 4.17 |
| 2026-03-10 | 4.17 |
| 2026-03-09 | 4.42 |
| 2026-03-06 | 4.48 |
| 2026-03-05 | 4.56 |
| 2026-03-04 | 4.51 |
| 2026-03-03 | 4.80 |
| 2026-03-02 | 4.71 |
| 2026-02-27 | 4.73 |
| 2026-02-26 | 5.02 |
| 2026-02-25 | 4.67 |
| 2026-02-24 | 4.48 |
| 2026-02-23 | 4.32 |
| 2026-02-20 | 4.75 |
| 2026-02-19 | 5.17 |
| 2026-02-18 | 5.21 |
| 2026-02-17 | 5.11 |
| 2026-02-13 | 5.32 |
| 2026-02-12 | 5.32 |
| 2026-02-11 | 5.40 |
| 2026-02-10 | 5.67 |
| 2026-02-09 | 5.84 |
| 2026-02-06 | 5.78 |
| 2026-02-05 | 5.51 |
| 2026-02-04 | 5.85 |
| 2026-02-03 | 5.91 |
| 2026-02-02 | 6.36 |
| 2026-01-30 | 6.29 |
| 2026-01-29 | 6.39 |
| 2026-01-28 | 6.70 |
| 2026-01-27 | 6.71 |
| 2026-01-26 | 6.87 |
| 2026-01-23 | 6.54 |
| 2026-01-22 | 6.73 |
| 2026-01-21 | 5.96 |
| 2026-01-20 | 5.94 |
| 2026-01-16 | 6.14 |
| 2026-01-15 | 6.25 |
| 2026-01-14 | 6.50 |
| 2026-01-13 | 6.45 |
| 2026-01-12 | 6.41 |
| 2026-01-09 | 6.37 |
| 2026-01-08 | 6.39 |
| 2026-01-07 | 6.61 |
| 2026-01-06 | 6.61 |
| 2026-01-05 | 6.75 |
| 2026-01-02 | 6.51 |
| 2025-12-31 | 6.75 |
| 2025-12-30 | 6.86 |
| 2025-12-29 | 6.87 |
| 2025-12-26 | 6.81 |
| 2025-12-24 | 6.74 |
| 2025-12-23 | 6.76 |
| 2025-12-22 | 6.90 |
| 2025-12-19 | 6.83 |
| 2025-12-18 | 6.85 |
| 2025-12-17 | 6.81 |
| 2025-12-16 | 6.85 |
| 2025-12-15 | 6.94 |
| 2025-12-12 | 7.11 |
| 2025-12-11 | 7.32 |
| 2025-12-10 | 7.28 |
| 2025-12-09 | 7.02 |
| 2025-12-08 | 7.03 |
| 2025-12-05 | 6.72 |
| 2025-12-04 | 6.75 |
| 2025-12-03 | 6.80 |
| 2025-12-02 | 8.31 |
| 2025-12-01 | 7.88 |
| 2025-11-28 | 7.86 |
| 2025-11-26 | 7.77 |
| 2025-11-25 | 7.90 |
| 2025-11-24 | 7.94 |
| 2025-11-21 | 7.95 |
| 2025-11-20 | 8.14 |
| 2025-11-19 | 8.31 |
| 2025-11-18 | 8.48 |
| 2025-11-17 | 8.17 |
| 2025-11-14 | 8.49 |
| 2025-11-13 | 8.42 |
| 2025-11-12 | 8.90 |
| 2025-11-11 | 8.91 |
| 2025-11-10 | 8.85 |
| 2025-11-07 | 8.72 |
| 2025-11-06 | 8.73 |
| 2025-11-05 | 8.78 |
| 2025-11-04 | 8.91 |
| 2025-11-03 | 9.77 |
| 2025-10-31 | 9.34 |
| 2025-10-30 | 9.09 |
| 2025-10-29 | 9.20 |
| 2025-10-28 | 9.23 |
| 2025-10-27 | 9.29 |
| 2025-10-24 | 9.29 |
| 2025-10-23 | 9.22 |
| 2025-10-22 | 9.21 |
| 2025-10-21 | 9.48 |
| 2025-10-20 | 9.02 |
| 2025-10-17 | 8.68 |
| 2025-10-16 | 9.24 |
| 2025-10-15 | 8.36 |
| 2025-10-14 | 8.57 |
| 2025-10-13 | 8.46 |
| 2025-10-10 | 8.54 |
| 2025-10-09 | 8.97 |
| 2025-10-08 | 9.07 |
| 2025-10-07 | 8.84 |
| 2025-10-06 | 9.03 |
| 2025-10-03 | 8.98 |
| 2025-10-02 | 8.90 |
| 2025-10-01 | 8.45 |
| 2025-09-30 | 8.63 |
| 2025-09-29 | 8.97 |
| 2025-09-26 | 9.09 |
| 2025-09-25 | 8.95 |
| 2025-09-24 | 9.05 |
| 2025-09-23 | 9.35 |
| 2025-09-22 | 9.48 |
| 2025-09-19 | 9.61 |
| 2025-09-18 | 9.58 |
| 2025-09-17 | 9.66 |
| 2025-09-16 | 9.63 |
| 2025-09-15 | 9.59 |
| 2025-09-12 | 9.63 |
| 2025-09-11 | 9.53 |
| 2025-09-10 | 9.39 |
| 2025-09-09 | 9.23 |
| 2025-09-08 | 9.17 |
| 2025-09-05 | 8.76 |
| 2025-09-04 | 8.32 |
| 2025-09-03 | 9.55 |
| 2025-09-02 | 9.71 |
| 2025-08-29 | 9.77 |
Showing the most recent 260 of 1,070 data points. The chart above shows the full history.