Basis: FMP quote market capitalization / four-quarter operating cash flow. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the Price/OCF ratio high or low?
The Price/OCF ratio of 60.60 is 174% above its estimated 5-year average of 22.13, near the low end of its estimated 5-year range (2.46–220.64).
As of 2026-10-06T15:17:09.235Z. 1126.16% above its estimated 12-month average of 4.94.
Calculation as of: 2026-10-06T15:17:09.235Z.
Quote observation: 2026-10-06T15:14:08.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 48e811c8653d9a36ed2358e044162b897bef7919ece4b1f287edb0560ff82069
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.
PRICE/OCF RATIO
60.60
PRICE/OCF RATIO AVG TTM
4.94
PRICE/OCF RATIO AVG 3Y
10.53
PRICE/OCF RATIO AVG 5Y
22.13
PRICE/OCF RATIO AVG 10Y
25.66
PRICE/OCF RATIO AVG 15Y
26.16
PRICE/OCF RATIO AVG 20Y
19.56
CURRENT VS TTM AVG
+1126.16%
CURRENT VS 3Y AVG
+475.71%
CURRENT VS 5Y AVG
+173.83%
CURRENT VS 10Y AVG
+136.14%
CURRENT VS 15Y AVG
+131.68%
CURRENT VS 20Y AVG
+209.84%
SECTOR MEDIAN · HEALTHCARE
16.53
median of 201 covered companies
CURRENT VS SECTOR MEDIAN
+266.61%
vs the sector median at left
Harvard Bioscience, Inc.
Market Cap
$39.33M
Price/OCF Ratio
60.60
TTM Avg
4.94
3Y Avg
10.53
5Y Avg
22.13
Market Cap
$38.35M
Price/OCF Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$40.09M
Price/OCF Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | PRICE/OCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Harvard Bioscience, Inc. (HBIO) | $39.33M | 60.60 | 4.94 | 10.53 | 22.13 |
| Incannex Healthcare Limited (IXHL)vs › | $38.35M | N/A | N/A | N/A | N/A |
| Edesa Biotech, Inc. (EDSA)vs › | $37.57M | N/A | N/A | N/A | N/A |
| Metagenomi, Inc. Common Stock (MGX)vs › | $40.09M | N/A | N/A | N/A | N/A |
| Nephros, Inc. (NEPH)vs › | $40.17M | N/A | 33.35 | 46.22 | 46.22 |
| DocGo Inc. (DCGO)vs › | $36.38M | N/A | 2.00 | 3.35 | 33.77 |
| Elicio Therapeutics, Inc. (ELTX)vs › | $36.80M | N/A | N/A | N/A | N/A |
| Elutia Inc (ELUT)vs › | $35.52M | N/A | N/A | N/A | N/A |
| Filana Therapeutics, Inc. (FLNA)vs › | $41.71M | N/A | N/A | N/A | N/A |
| BriaCell Therapeutics Corp. (BCTX)vs › | $34.93M | N/A | N/A | N/A | N/A |
P/OCF Ratio
60.6
P/FCF Ratio
N/A
P/OCF measures market price relative to operating cash flow: market cap divided by TTM operating cash flow. OCF is cash from operations before capital expenditures, so it sits above free cash flow — P/OCF typically reads below P/FCF, with the widest gap for capex-heavy businesses.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PRICE/OCF RATIO |
|---|---|
| 2026-10-05 | 59.28 |
| 2026-10-02 | 58.16 |
| 2026-10-01 | 56.70 |
| 2026-09-30 | 55.23 |
| 2026-09-29 | 55.51 |
| 2026-09-28 | 55.65 |
| 2026-09-25 | 55.51 |
| 2026-09-24 | 55.93 |
| 2026-09-23 | 56.14 |
| 2026-09-22 | 55.23 |
| 2026-09-21 | 55.79 |
| 2026-09-18 | 55.44 |
| 2026-09-17 | 56.00 |
| 2026-09-16 | 55.58 |
| 2026-09-15 | 55.79 |
| 2026-09-14 | 56.42 |
| 2026-09-11 | 56.00 |
| 2026-09-10 | 56.84 |
| 2026-09-09 | 55.44 |
| 2026-09-08 | 55.44 |
| 2026-09-04 | 55.93 |
| 2026-09-03 | 55.79 |
| 2026-09-02 | 57.19 |
| 2026-09-01 | 56.07 |
| 2026-08-31 | 56.56 |
| 2026-08-28 | 55.30 |
| 2026-08-27 | 55.09 |
| 2026-08-26 | 53.35 |
| 2026-08-25 | 52.86 |
| 2026-08-24 | 52.65 |
| 2026-08-21 | 52.16 |
| 2026-08-20 | 52.65 |
| 2026-08-19 | 49.37 |
| 2026-08-18 | 48.61 |
| 2026-08-17 | 45.33 |
| 2026-08-14 | 46.45 |
| 2026-08-13 | 46.52 |
| 2026-08-12 | 43.03 |
| 2026-08-11 | 8.90 |
| 2026-08-10 | 9.28 |
| 2026-08-07 | 9.39 |
| 2026-08-06 | 8.99 |
| 2026-08-05 | 9.25 |
| 2026-08-04 | 9.16 |
| 2026-08-03 | 9.16 |
| 2026-07-31 | 8.86 |
| 2026-07-30 | 8.84 |
| 2026-07-29 | 8.89 |
| 2026-07-28 | 8.59 |
| 2026-07-27 | 8.70 |
| 2026-07-24 | 8.71 |
| 2026-07-23 | 8.99 |
| 2026-07-22 | 8.90 |
| 2026-07-21 | 8.77 |
| 2026-07-20 | 8.87 |
| 2026-07-17 | 9.04 |
| 2026-07-16 | 8.64 |
| 2026-07-15 | 8.75 |
| 2026-07-14 | 8.61 |
| 2026-07-13 | 8.89 |
| 2026-07-10 | 8.91 |
| 2026-07-09 | 9.04 |
| 2026-07-08 | 9.12 |
| 2026-07-07 | 9.63 |
| 2026-07-06 | 9.22 |
| 2026-07-02 | 8.93 |
| 2026-07-01 | 8.78 |
| 2026-06-30 | 8.93 |
| 2026-06-29 | 8.90 |
| 2026-06-26 | 8.77 |
| 2026-06-25 | 8.65 |
| 2026-06-24 | 8.83 |
| 2026-06-23 | 8.73 |
| 2026-06-22 | 8.80 |
| 2026-06-18 | 8.52 |
| 2026-06-17 | 8.71 |
| 2026-06-16 | 8.64 |
| 2026-06-15 | 8.70 |
| 2026-06-12 | 8.83 |
| 2026-06-11 | 9.64 |
| 2026-06-10 | 9.00 |
| 2026-06-09 | 8.77 |
| 2026-06-08 | 8.73 |
| 2026-06-05 | 9.00 |
| 2026-06-04 | 9.41 |
| 2026-06-03 | 9.44 |
| 2026-06-02 | 9.38 |
| 2026-06-01 | 9.29 |
| 2026-05-29 | 8.54 |
| 2026-05-28 | 8.64 |
| 2026-05-27 | 8.39 |
| 2026-05-26 | 8.25 |
| 2026-05-22 | 8.12 |
| 2026-05-21 | 8.01 |
| 2026-05-20 | 7.84 |
| 2026-05-19 | 7.27 |
| 2026-05-18 | 7.26 |
| 2026-05-15 | 7.62 |
| 2026-05-14 | 8.01 |
| 2026-05-13 | 8.09 |
| 2026-05-12 | 3.57 |
| 2026-05-11 | 4.51 |
| 2026-05-08 | 4.55 |
| 2026-05-07 | 4.48 |
| 2026-05-06 | 4.78 |
| 2026-05-05 | 4.37 |
| 2026-05-04 | 4.22 |
| 2026-05-01 | 4.20 |
| 2026-04-30 | 4.21 |
| 2026-04-29 | 4.04 |
| 2026-04-28 | 4.26 |
| 2026-04-27 | 4.51 |
| 2026-04-24 | 4.53 |
| 2026-04-23 | 4.47 |
| 2026-04-22 | 4.41 |
| 2026-04-21 | 4.33 |
| 2026-04-20 | 4.61 |
| 2026-04-17 | 4.04 |
| 2026-04-16 | 3.90 |
| 2026-04-15 | 3.79 |
| 2026-04-14 | 3.24 |
| 2026-04-13 | 3.07 |
| 2026-04-10 | 2.84 |
| 2026-04-09 | 3.54 |
| 2026-04-08 | 3.66 |
| 2026-04-07 | 3.56 |
| 2026-04-06 | 3.65 |
| 2026-04-02 | 3.43 |
| 2026-04-01 | 3.36 |
| 2026-03-31 | 3.21 |
| 2026-03-30 | 3.07 |
| 2026-03-27 | 3.21 |
| 2026-03-26 | 3.34 |
| 2026-03-25 | 3.38 |
| 2026-03-24 | 3.38 |
| 2026-03-23 | 3.52 |
| 2026-03-20 | 3.48 |
| 2026-03-19 | 3.69 |
| 2026-03-18 | 3.22 |
| 2026-03-17 | 3.21 |
| 2026-03-16 | 3.31 |
| 2026-03-13 | 2.46 |
| 2026-03-12 | 2.57 |
| 2026-03-11 | 2.64 |
| 2026-03-10 | 2.76 |
| 2026-03-09 | 2.53 |
| 2026-03-06 | 2.87 |
| 2026-03-05 | 2.98 |
| 2026-03-04 | 2.99 |
| 2026-03-03 | 2.95 |
| 2026-03-02 | 3.08 |
| 2026-02-27 | 3.20 |
| 2026-02-26 | 3.13 |
| 2026-02-25 | 3.15 |
| 2026-02-24 | 3.03 |
| 2026-02-23 | 2.95 |
| 2026-02-20 | 3.04 |
| 2026-02-19 | 3.05 |
| 2026-02-18 | 3.09 |
| 2026-02-17 | 3.11 |
| 2026-02-13 | 2.89 |
| 2026-02-12 | 2.92 |
| 2026-02-11 | 2.83 |
| 2026-02-10 | 3.13 |
| 2026-02-09 | 2.76 |
| 2026-02-06 | 2.58 |
| 2026-02-05 | 2.46 |
| 2026-02-04 | 2.66 |
| 2026-02-03 | 2.61 |
| 2026-02-02 | 2.62 |
| 2026-01-30 | 2.61 |
| 2026-01-29 | 2.80 |
| 2026-01-28 | 2.99 |
| 2026-01-27 | 3.08 |
| 2026-01-26 | 3.00 |
| 2026-01-23 | 3.09 |
| 2026-01-22 | 3.23 |
| 2026-01-21 | 3.09 |
| 2026-01-20 | 3.03 |
| 2026-01-16 | 3.06 |
| 2026-01-15 | 3.02 |
| 2026-01-14 | 2.94 |
| 2026-01-13 | 3.09 |
| 2026-01-12 | 3.24 |
| 2026-01-09 | 3.28 |
| 2026-01-08 | 3.40 |
| 2026-01-07 | 3.49 |
| 2026-01-06 | 3.60 |
| 2026-01-05 | 3.56 |
| 2026-01-02 | 3.40 |
| 2025-12-31 | 3.49 |
| 2025-12-30 | 3.43 |
| 2025-12-29 | 3.45 |
| 2025-12-26 | 3.66 |
| 2025-12-24 | 3.78 |
| 2025-12-23 | 3.76 |
| 2025-12-22 | 3.93 |
| 2025-12-19 | 3.92 |
| 2025-12-18 | 4.00 |
| 2025-12-17 | 4.10 |
| 2025-12-16 | 3.65 |
| 2025-12-15 | 3.66 |
| 2025-12-12 | 3.86 |
| 2025-12-11 | 3.87 |
| 2025-12-10 | 3.99 |
| 2025-12-09 | 3.75 |
| 2025-12-08 | 3.94 |
| 2025-12-05 | 3.95 |
| 2025-12-04 | 3.77 |
| 2025-12-03 | 3.79 |
| 2025-12-02 | 3.75 |
| 2025-12-01 | 3.99 |
| 2025-11-28 | 3.97 |
| 2025-11-26 | 3.90 |
| 2025-11-25 | 3.86 |
| 2025-11-24 | 3.35 |
| 2025-11-21 | 3.31 |
| 2025-11-20 | 2.93 |
| 2025-11-19 | 3.23 |
| 2025-11-18 | 3.34 |
| 2025-11-17 | 3.49 |
| 2025-11-14 | 3.44 |
| 2025-11-13 | 3.03 |
| 2025-11-12 | 3.24 |
| 2025-11-11 | 3.17 |
| 2025-11-10 | 3.03 |
| 2025-11-07 | 2.83 |
| 2025-11-06 | 3.65 |
| 2025-11-05 | 3.94 |
| 2025-11-04 | 4.12 |
| 2025-11-03 | 3.84 |
| 2025-10-31 | 3.46 |
| 2025-10-30 | 4.21 |
| 2025-10-29 | 2.99 |
| 2025-10-28 | 2.68 |
| 2025-10-27 | 2.69 |
| 2025-10-24 | 2.73 |
| 2025-10-23 | 2.70 |
| 2025-10-22 | 2.67 |
| 2025-10-21 | 2.74 |
| 2025-10-20 | 2.66 |
| 2025-10-17 | 2.53 |
| 2025-10-16 | 2.68 |
| 2025-10-15 | 2.84 |
| 2025-10-14 | 2.82 |
| 2025-10-13 | 2.82 |
| 2025-10-10 | 2.81 |
| 2025-10-09 | 2.96 |
| 2025-10-08 | 2.97 |
| 2025-10-07 | 2.93 |
| 2025-10-06 | 2.94 |
| 2025-10-03 | 3.00 |
| 2025-10-02 | 3.07 |
| 2025-10-01 | 3.00 |
| 2025-09-30 | 2.94 |
| 2025-09-29 | 2.94 |
| 2025-09-26 | 2.97 |
| 2025-09-25 | 2.94 |
| 2025-09-24 | 3.00 |
| 2025-09-23 | 3.06 |
Showing the most recent 260 of 4,727 data points. The chart above shows the full history.
