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 89.50 is 181% above its estimated 5-year average of 31.91, around the middle of its estimated 5-year range (12.24–176.53).
As of 2026-10-06T12:41:53.782Z. 31.74% above its estimated 12-month average of 67.94.
Calculation as of: 2026-10-06T12:41:53.782Z.
Quote observation: 2026-10-05T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: a1fa914b4487e4ae5c9b7a635cce1df0c30efb2543a97d65c3cd252c667dccf4
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
89.50
PB RATIO AVG TTM
67.94
PB RATIO AVG 3Y
27.04
PB RATIO AVG 5Y
31.91
PB RATIO AVG 10Y
31.91
PB RATIO AVG 15Y
32.67
PB RATIO AVG 20Y
28.84
CURRENT VS TTM AVG
+31.74%
CURRENT VS 3Y AVG
+230.95%
CURRENT VS 5Y AVG
+180.50%
CURRENT VS 10Y AVG
+180.46%
CURRENT VS 15Y AVG
+173.91%
CURRENT VS 20Y AVG
+210.35%
SECTOR MEDIAN · HEALTHCARE
2.59
median of 392 covered companies
CURRENT VS SECTOR MEDIAN
+3355.60%
vs the sector median at left
Halozyme Therapeutics, Inc.
Market Cap
$12.85B
PB Ratio
89.50
TTM Avg
67.94
3Y Avg
27.04
5Y Avg
31.91
Market Cap
$13.19B
PB Ratio
18.69
TTM Avg
12.62
3Y Avg
10.16
5Y Avg
8.52
Market Cap
$12.17B
PB Ratio
5.94
TTM Avg
5.54
3Y Avg
3.53
5Y Avg
3.53
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Halozyme Therapeutics, Inc. (HALO) | $12.85B | 89.50 | 67.94 | 27.04 | 31.91 |
| ICON Public Limited Company (ICLR)vs › | $12.89B | 1.37 | 1.27 | 1.83 | 2.12 |
| BridgeBio Pharma, Inc. (BBIO)vs › | $12.95B | N/A | 43.13 | 31.86 | 31.86 |
| Baxter International Inc. (BAX)vs › | $12.52B | 2.02 | 1.65 | 2.06 | 2.86 |
| Corcept Therapeutics Incorporated (CORT)vs › | $13.19B | 18.69 | 12.62 | 10.16 | 8.52 |
| Penumbra, Inc. (PEN)vs › | $12.49B | 8.16 | 8.73 | 8.18 | 8.78 |
| BrightSpring Health Services, Inc. Common Stock (BTSG)vs › | $12.17B | 5.94 | 5.54 | 3.53 | 3.53 |
| Encompass Health Corporation (EHC)vs › | $12.00B | 4.62 | 4.56 | 4.87 | 4.37 |
| Ascendis Pharma A/S (ASND)vs › | $14.16B | 8.64 | 21.81 | 21.81 | 20.32 |
| DaVita Inc. (DVA)vs › | $11.47B | N/A | 42.91 | 21.69 | 16.80 |
At 89.50, P/B is above its estimated 20-year median — higher than 92% 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
5.71
median
27.18
estimated 20-year high
176.53
P/B Ratio
89.50
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 | 91.46 |
| 2026-10-02 | 92.77 |
| 2026-10-01 | 90.31 |
| 2026-09-30 | 93.23 |
| 2026-09-29 | 94.21 |
| 2026-09-28 | 95.33 |
| 2026-09-25 | 96.18 |
| 2026-09-24 | 97.30 |
| 2026-09-23 | 94.95 |
| 2026-09-22 | 97.22 |
| 2026-09-21 | 94.11 |
| 2026-09-18 | 94.96 |
| 2026-09-17 | 92.62 |
| 2026-09-16 | 91.57 |
| 2026-09-15 | 89.72 |
| 2026-09-14 | 91.15 |
| 2026-09-11 | 90.53 |
| 2026-09-10 | 90.36 |
| 2026-09-09 | 90.69 |
| 2026-09-08 | 91.46 |
| 2026-09-04 | 93.05 |
| 2026-09-03 | 93.53 |
| 2026-09-02 | 92.60 |
| 2026-09-01 | 90.96 |
| 2026-08-31 | 89.93 |
| 2026-08-28 | 88.96 |
| 2026-08-27 | 90.29 |
| 2026-08-26 | 90.41 |
| 2026-08-25 | 92.32 |
| 2026-08-24 | 91.74 |
| 2026-08-21 | 91.34 |
| 2026-08-20 | 89.61 |
| 2026-08-19 | 90.88 |
| 2026-08-18 | 88.57 |
| 2026-08-17 | 86.98 |
| 2026-08-14 | 83.31 |
| 2026-08-13 | 85.01 |
| 2026-08-12 | 85.96 |
| 2026-08-11 | 86.66 |
| 2026-08-10 | 86.66 |
| 2026-08-07 | 87.08 |
| 2026-08-06 | 47.98 |
| 2026-08-05 | 46.76 |
| 2026-08-04 | 46.56 |
| 2026-08-03 | 46.03 |
| 2026-07-31 | 46.18 |
| 2026-07-30 | 46.60 |
| 2026-07-29 | 46.59 |
| 2026-07-28 | 46.69 |
| 2026-07-27 | 45.58 |
| 2026-07-24 | 45.84 |
| 2026-07-23 | 45.23 |
| 2026-07-22 | 43.54 |
| 2026-07-21 | 43.97 |
| 2026-07-20 | 43.13 |
| 2026-07-17 | 43.53 |
| 2026-07-16 | 43.38 |
| 2026-07-15 | 42.42 |
| 2026-07-14 | 41.99 |
| 2026-07-13 | 42.58 |
| 2026-07-10 | 42.63 |
| 2026-07-09 | 43.98 |
| 2026-07-08 | 44.96 |
| 2026-07-07 | 45.63 |
| 2026-07-06 | 45.19 |
| 2026-07-02 | 44.45 |
| 2026-07-01 | 43.08 |
| 2026-06-30 | 43.79 |
| 2026-06-29 | 43.18 |
| 2026-06-26 | 41.94 |
| 2026-06-25 | 40.64 |
| 2026-06-24 | 39.80 |
| 2026-06-23 | 38.95 |
| 2026-06-22 | 38.60 |
| 2026-06-18 | 38.35 |
| 2026-06-17 | 38.36 |
| 2026-06-16 | 38.96 |
| 2026-06-15 | 39.88 |
| 2026-06-12 | 38.88 |
| 2026-06-11 | 39.57 |
| 2026-06-10 | 39.44 |
| 2026-06-09 | 39.99 |
| 2026-06-08 | 39.57 |
| 2026-06-05 | 40.02 |
| 2026-06-04 | 40.06 |
| 2026-06-03 | 39.06 |
| 2026-06-02 | 37.08 |
| 2026-06-01 | 38.12 |
| 2026-05-29 | 37.23 |
| 2026-05-28 | 38.14 |
| 2026-05-27 | 38.41 |
| 2026-05-26 | 38.45 |
| 2026-05-22 | 38.22 |
| 2026-05-21 | 38.33 |
| 2026-05-20 | 38.59 |
| 2026-05-19 | 38.45 |
| 2026-05-18 | 37.73 |
| 2026-05-15 | 37.55 |
| 2026-05-14 | 38.72 |
| 2026-05-13 | 39.18 |
| 2026-05-12 | 39.68 |
| 2026-05-11 | 160.09 |
| 2026-05-08 | 154.57 |
| 2026-05-07 | 157.15 |
| 2026-05-06 | 159.94 |
| 2026-05-05 | 158.79 |
| 2026-05-04 | 155.65 |
| 2026-05-01 | 154.18 |
| 2026-04-30 | 153.46 |
| 2026-04-29 | 152.01 |
| 2026-04-28 | 153.94 |
| 2026-04-27 | 155.46 |
| 2026-04-24 | 157.56 |
| 2026-04-23 | 160.52 |
| 2026-04-22 | 164.89 |
| 2026-04-21 | 164.91 |
| 2026-04-20 | 167.71 |
| 2026-04-17 | 167.03 |
| 2026-04-16 | 160.64 |
| 2026-04-15 | 164.04 |
| 2026-04-14 | 162.26 |
| 2026-04-13 | 161.46 |
| 2026-04-10 | 163.49 |
| 2026-04-09 | 161.70 |
| 2026-04-08 | 157.73 |
| 2026-04-07 | 153.32 |
| 2026-04-06 | 152.06 |
| 2026-04-02 | 155.46 |
| 2026-04-01 | 157.65 |
| 2026-03-31 | 155.80 |
| 2026-03-30 | 149.77 |
| 2026-03-27 | 148.57 |
| 2026-03-26 | 152.57 |
| 2026-03-25 | 152.45 |
| 2026-03-24 | 149.55 |
| 2026-03-23 | 151.53 |
| 2026-03-20 | 152.91 |
| 2026-03-19 | 152.52 |
| 2026-03-18 | 153.44 |
| 2026-03-17 | 157.00 |
| 2026-03-16 | 154.98 |
| 2026-03-13 | 153.46 |
| 2026-03-12 | 153.22 |
| 2026-03-11 | 160.26 |
| 2026-03-10 | 163.46 |
| 2026-03-09 | 164.26 |
| 2026-03-06 | 162.40 |
| 2026-03-05 | 162.38 |
| 2026-03-04 | 168.79 |
| 2026-03-03 | 167.30 |
| 2026-03-02 | 168.38 |
| 2026-02-27 | 167.61 |
| 2026-02-26 | 166.86 |
| 2026-02-25 | 169.59 |
| 2026-02-24 | 169.61 |
| 2026-02-23 | 170.29 |
| 2026-02-20 | 171.11 |
| 2026-02-19 | 173.66 |
| 2026-02-18 | 176.53 |
| 2026-02-17 | 19.54 |
| 2026-02-13 | 19.28 |
| 2026-02-12 | 18.67 |
| 2026-02-11 | 19.30 |
| 2026-02-10 | 19.47 |
| 2026-02-09 | 19.54 |
| 2026-02-06 | 19.72 |
| 2026-02-05 | 19.04 |
| 2026-02-04 | 18.92 |
| 2026-02-03 | 18.57 |
| 2026-02-02 | 18.07 |
| 2026-01-30 | 17.41 |
| 2026-01-29 | 17.80 |
| 2026-01-28 | 17.68 |
| 2026-01-27 | 17.05 |
| 2026-01-26 | 16.96 |
| 2026-01-23 | 16.80 |
| 2026-01-22 | 17.31 |
| 2026-01-21 | 17.41 |
| 2026-01-20 | 17.10 |
| 2026-01-16 | 17.29 |
| 2026-01-15 | 17.44 |
| 2026-01-14 | 17.71 |
| 2026-01-13 | 17.40 |
| 2026-01-12 | 17.58 |
| 2026-01-09 | 17.59 |
| 2026-01-08 | 17.51 |
| 2026-01-07 | 18.23 |
| 2026-01-06 | 17.75 |
| 2026-01-05 | 17.28 |
| 2026-01-02 | 17.07 |
| 2025-12-31 | 16.34 |
| 2025-12-30 | 16.43 |
| 2025-12-29 | 16.74 |
| 2025-12-26 | 16.72 |
| 2025-12-24 | 16.61 |
| 2025-12-23 | 16.60 |
| 2025-12-22 | 16.55 |
| 2025-12-19 | 16.35 |
| 2025-12-18 | 15.81 |
| 2025-12-17 | 15.97 |
| 2025-12-16 | 15.65 |
| 2025-12-15 | 15.40 |
| 2025-12-12 | 15.10 |
| 2025-12-11 | 15.03 |
| 2025-12-10 | 15.21 |
| 2025-12-09 | 15.02 |
| 2025-12-08 | 15.26 |
| 2025-12-05 | 15.37 |
| 2025-12-04 | 15.28 |
| 2025-12-03 | 15.70 |
| 2025-12-02 | 16.15 |
| 2025-12-01 | 16.53 |
| 2025-11-28 | 17.33 |
| 2025-11-26 | 17.64 |
| 2025-11-25 | 17.68 |
| 2025-11-24 | 17.96 |
| 2025-11-21 | 17.08 |
| 2025-11-20 | 16.74 |
| 2025-11-19 | 17.05 |
| 2025-11-18 | 17.02 |
| 2025-11-17 | 17.13 |
| 2025-11-14 | 17.00 |
| 2025-11-13 | 17.28 |
| 2025-11-12 | 17.15 |
| 2025-11-11 | 17.02 |
| 2025-11-10 | 16.51 |
| 2025-11-07 | 16.57 |
| 2025-11-06 | 16.60 |
| 2025-11-05 | 16.58 |
| 2025-11-04 | 16.52 |
| 2025-11-03 | 16.07 |
| 2025-10-31 | 15.83 |
| 2025-10-30 | 15.69 |
| 2025-10-29 | 15.84 |
| 2025-10-28 | 15.88 |
| 2025-10-27 | 15.99 |
| 2025-10-24 | 16.06 |
| 2025-10-23 | 16.24 |
| 2025-10-22 | 15.97 |
| 2025-10-21 | 16.24 |
| 2025-10-20 | 16.14 |
| 2025-10-17 | 16.27 |
| 2025-10-16 | 16.24 |
| 2025-10-15 | 16.11 |
| 2025-10-14 | 16.18 |
| 2025-10-13 | 15.86 |
| 2025-10-10 | 15.56 |
| 2025-10-09 | 15.81 |
| 2025-10-08 | 15.83 |
| 2025-10-07 | 16.03 |
| 2025-10-06 | 16.26 |
| 2025-10-03 | 25.74 |
| 2025-10-02 | 26.75 |
| 2025-10-01 | 27.96 |
| 2025-09-30 | 27.37 |
| 2025-09-29 | 27.35 |
| 2025-09-26 | 27.52 |
| 2025-09-25 | 27.60 |
| 2025-09-24 | 28.22 |
| 2025-09-23 | 28.94 |
Showing the most recent 260 of 4,590 data points. The chart above shows the full history.