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 2.29 is 62% above its estimated 5-year average of 1.42, near the low end of its estimated 5-year range (0.40–7.56).
As of 2026-09-23T00:15:43.630Z. 72.95% above its estimated 12-month average of 1.32.
Calculation as of: 2026-09-23T00:15:43.630Z.
Quote observation: 2026-09-22T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 945eea0cd198984ac46c1f91f83a5886aa9a4fd1450d4480c363564d4889a065
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
2.29
PB RATIO AVG TTM
1.32
PB RATIO AVG 3Y
1.32
PB RATIO AVG 5Y
1.42
PB RATIO AVG 10Y
1.90
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+72.95%
CURRENT VS 3Y AVG
+73.09%
CURRENT VS 5Y AVG
+61.74%
CURRENT VS 10Y AVG
+20.48%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.63
median of 184 covered companies
CURRENT VS SECTOR MEDIAN
-65.49%
vs the sector median at left
HIVE Digital Technologies Ltd.
Market Cap
$968.68M
PB Ratio
2.29
TTM Avg
1.32
3Y Avg
1.32
5Y Avg
1.42
Market Cap
$637.31M
PB Ratio
0.00
TTM Avg
12.54
3Y Avg
6.34
5Y Avg
4.39
Market Cap
$379.97M
PB Ratio
22.66
TTM Avg
35.54
3Y Avg
35.54
5Y Avg
35.54
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HIVE Digital Technologies Ltd. (HIVE) | $968.68M | 2.29 | 1.32 | 1.32 | 1.42 |
| POET Technologies Inc. (POET)vs › | $1.08B | 1.27 | 6.59 | 9.86 | 10.25 |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.14B | 1.38 | 1.52 | 2.09 | 4.37 |
| LightPath Technologies, Inc. (LPTH)vs › | $637.31M | 0.00 | 12.54 | 6.34 | 4.39 |
| PagerDuty, Inc. (PD)vs › | $1.32B | 5.69 | 4.27 | 8.99 | 9.34 |
| Methode Electronics, Inc. (MEI)vs › | $479.58M | 0.72 | 0.51 | 0.55 | 1.01 |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $379.97M | 22.66 | 35.54 | 35.54 | 35.54 |
| Nano Dimension Ltd. (NNDM)vs › | $332.60M | 0.69 | 0.63 | 0.56 | 0.59 |
| C3.ai, Inc. (AI)vs › | $1.65B | 2.37 | 2.23 | 3.23 | 3.02 |
| Duos Technologies Group, Inc. (DUOT)vs › | $271.20M | 1.31 | 5.57 | 9.06 | 9.59 |
At 2.29, P/B is above its estimated 9-year median — higher than 67% 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
0.40
median
1.73
estimated 9-year high
379.52
P/B Ratio
2.29
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 | 1.91 |
| 2026-09-10 | 1.88 |
| 2026-09-09 | 1.95 |
| 2026-09-08 | 1.98 |
| 2026-09-04 | 1.96 |
| 2026-09-03 | 1.92 |
| 2026-09-02 | 1.71 |
| 2026-09-01 | 1.66 |
| 2026-08-31 | 1.75 |
| 2026-08-28 | 1.75 |
| 2026-08-27 | 1.93 |
| 2026-08-26 | 1.81 |
| 2026-08-25 | 1.90 |
| 2026-08-24 | 1.80 |
| 2026-08-21 | 1.91 |
| 2026-08-20 | 1.97 |
| 2026-08-19 | 1.78 |
| 2026-08-18 | 1.75 |
| 2026-08-17 | 1.93 |
| 2026-08-14 | 1.15 |
| 2026-08-13 | 1.10 |
| 2026-08-12 | 1.17 |
| 2026-08-11 | 1.13 |
| 2026-08-10 | 1.11 |
| 2026-08-07 | 1.21 |
| 2026-08-06 | 1.18 |
| 2026-08-05 | 1.21 |
| 2026-08-04 | 1.24 |
| 2026-08-03 | 1.23 |
| 2026-07-31 | 1.21 |
| 2026-07-30 | 1.28 |
| 2026-07-29 | 1.08 |
| 2026-07-28 | 1.21 |
| 2026-07-27 | 1.26 |
| 2026-07-24 | 1.26 |
| 2026-07-23 | 1.35 |
| 2026-07-22 | 1.36 |
| 2026-07-21 | 1.38 |
| 2026-07-20 | 1.32 |
| 2026-07-17 | 1.21 |
| 2026-07-16 | 1.23 |
| 2026-07-15 | 1.36 |
| 2026-07-14 | 1.35 |
| 2026-07-13 | 1.36 |
| 2026-07-10 | 1.43 |
| 2026-07-09 | 1.43 |
| 2026-07-08 | 1.38 |
| 2026-07-07 | 1.35 |
| 2026-07-06 | 1.44 |
| 2026-07-02 | 1.38 |
| 2026-07-01 | 1.47 |
| 2026-06-30 | 1.55 |
| 2026-06-29 | 1.60 |
| 2026-06-26 | 1.72 |
| 2026-06-25 | 1.61 |
| 2026-06-24 | 1.76 |
| 2026-06-23 | 1.97 |
| 2026-06-22 | 2.09 |
| 2026-06-18 | 1.81 |
| 2026-06-17 | 1.69 |
| 2026-06-16 | 1.73 |
| 2026-06-15 | 1.69 |
| 2026-06-12 | 1.59 |
| 2026-06-11 | 1.61 |
| 2026-06-10 | 1.49 |
| 2026-06-09 | 1.59 |
| 2026-06-08 | 1.69 |
| 2026-06-05 | 1.61 |
| 2026-06-04 | 1.86 |
| 2026-06-03 | 1.87 |
| 2026-06-02 | 1.94 |
| 2026-06-01 | 2.03 |
| 2026-05-29 | 1.93 |
| 2026-05-28 | 1.90 |
| 2026-05-27 | 1.91 |
| 2026-05-26 | 1.75 |
| 2026-05-22 | 1.74 |
| 2026-05-21 | 1.65 |
| 2026-05-20 | 1.65 |
| 2026-05-19 | 1.43 |
| 2026-05-18 | 1.48 |
| 2026-05-15 | 1.15 |
| 2026-05-14 | 1.27 |
| 2026-05-13 | 1.18 |
| 2026-05-12 | 1.21 |
| 2026-05-11 | 1.29 |
| 2026-05-08 | 1.21 |
| 2026-05-07 | 1.23 |
| 2026-05-06 | 1.26 |
| 2026-05-05 | 1.21 |
| 2026-05-04 | 1.11 |
| 2026-05-01 | 1.04 |
| 2026-04-30 | 1.03 |
| 2026-04-29 | 0.95 |
| 2026-04-28 | 0.98 |
| 2026-04-27 | 1.05 |
| 2026-04-24 | 1.08 |
| 2026-04-23 | 1.09 |
| 2026-04-22 | 1.11 |
| 2026-04-21 | 1.06 |
| 2026-04-20 | 1.09 |
| 2026-04-17 | 1.07 |
| 2026-04-16 | 0.94 |
| 2026-04-15 | 1.06 |
| 2026-04-14 | 1.03 |
| 2026-04-13 | 0.93 |
| 2026-04-10 | 0.89 |
| 2026-04-09 | 0.88 |
| 2026-04-08 | 0.88 |
| 2026-04-07 | 0.83 |
| 2026-04-06 | 0.84 |
| 2026-04-02 | 0.82 |
| 2026-04-01 | 0.81 |
| 2026-03-31 | 0.81 |
| 2026-03-30 | 0.75 |
| 2026-03-27 | 0.78 |
| 2026-03-26 | 0.82 |
| 2026-03-25 | 0.91 |
| 2026-03-24 | 0.88 |
| 2026-03-23 | 0.90 |
| 2026-03-20 | 0.86 |
| 2026-03-19 | 0.89 |
| 2026-03-18 | 0.91 |
| 2026-03-17 | 0.94 |
| 2026-03-16 | 0.94 |
| 2026-03-13 | 0.91 |
| 2026-03-12 | 0.89 |
| 2026-03-11 | 0.91 |
| 2026-03-10 | 0.88 |
| 2026-03-09 | 0.88 |
| 2026-03-06 | 0.88 |
| 2026-03-05 | 0.94 |
| 2026-03-04 | 0.98 |
| 2026-03-03 | 0.90 |
| 2026-03-02 | 0.94 |
| 2026-02-27 | 0.91 |
| 2026-02-26 | 0.97 |
| 2026-02-25 | 0.98 |
| 2026-02-24 | 0.95 |
| 2026-02-23 | 0.90 |
| 2026-02-20 | 0.91 |
| 2026-02-19 | 0.93 |
| 2026-02-18 | 0.91 |
| 2026-02-17 | 0.77 |
| 2026-02-13 | 0.81 |
| 2026-02-12 | 0.78 |
| 2026-02-11 | 0.81 |
| 2026-02-10 | 0.84 |
| 2026-02-09 | 0.87 |
| 2026-02-06 | 0.85 |
| 2026-02-05 | 0.73 |
| 2026-02-04 | 0.84 |
| 2026-02-03 | 0.90 |
| 2026-02-02 | 0.90 |
| 2026-01-30 | 1.02 |
| 2026-01-29 | 1.00 |
| 2026-01-28 | 1.08 |
| 2026-01-27 | 1.11 |
| 2026-01-26 | 1.11 |
| 2026-01-23 | 1.18 |
| 2026-01-22 | 1.12 |
| 2026-01-21 | 1.18 |
| 2026-01-20 | 1.17 |
| 2026-01-16 | 1.27 |
| 2026-01-15 | 1.24 |
| 2026-01-14 | 1.25 |
| 2026-01-13 | 1.29 |
| 2026-01-12 | 1.19 |
| 2026-01-09 | 1.14 |
| 2026-01-08 | 1.15 |
| 2026-01-07 | 1.12 |
| 2026-01-06 | 1.11 |
| 2026-01-05 | 1.09 |
| 2026-01-02 | 1.00 |
| 2025-12-31 | 0.94 |
| 2025-12-30 | 0.94 |
| 2025-12-29 | 0.99 |
| 2025-12-26 | 0.99 |
| 2025-12-24 | 1.04 |
| 2025-12-23 | 1.03 |
| 2025-12-22 | 1.07 |
| 2025-12-19 | 1.03 |
| 2025-12-18 | 0.98 |
| 2025-12-17 | 0.97 |
| 2025-12-16 | 1.02 |
| 2025-12-15 | 1.02 |
| 2025-12-12 | 1.12 |
| 2025-12-11 | 1.19 |
| 2025-12-10 | 1.16 |
| 2025-12-09 | 1.17 |
| 2025-12-08 | 1.13 |
| 2025-12-05 | 1.14 |
| 2025-12-04 | 1.21 |
| 2025-12-03 | 1.20 |
| 2025-12-02 | 1.15 |
| 2025-12-01 | 1.15 |
| 2025-11-28 | 1.23 |
| 2025-11-26 | 1.17 |
| 2025-11-25 | 1.16 |
| 2025-11-24 | 1.17 |
| 2025-11-21 | 1.06 |
| 2025-11-20 | 1.07 |
| 2025-11-19 | 1.12 |
| 2025-11-18 | 1.27 |
| 2025-11-17 | 1.22 |
| 2025-11-14 | 1.14 |
| 2025-11-13 | 1.26 |
| 2025-11-12 | 1.41 |
| 2025-11-11 | 1.59 |
| 2025-11-10 | 1.63 |
| 2025-11-07 | 1.62 |
| 2025-11-06 | 1.64 |
| 2025-11-05 | 1.75 |
| 2025-11-04 | 1.70 |
| 2025-11-03 | 1.85 |
| 2025-10-31 | 1.79 |
| 2025-10-30 | 1.82 |
| 2025-10-29 | 1.91 |
| 2025-10-28 | 1.92 |
| 2025-10-27 | 2.03 |
| 2025-10-24 | 2.07 |
| 2025-10-23 | 1.76 |
| 2025-10-22 | 1.70 |
| 2025-10-21 | 1.89 |
| 2025-10-20 | 1.92 |
| 2025-10-17 | 1.96 |
| 2025-10-16 | 2.01 |
| 2025-10-15 | 2.34 |
| 2025-10-14 | 2.38 |
| 2025-10-13 | 2.33 |
| 2025-10-10 | 2.27 |
| 2025-10-09 | 2.39 |
| 2025-10-08 | 2.25 |
| 2025-10-07 | 2.13 |
| 2025-10-06 | 1.92 |
| 2025-10-03 | 1.53 |
| 2025-10-02 | 1.50 |
| 2025-10-01 | 1.43 |
| 2025-09-30 | 1.39 |
| 2025-09-29 | 1.32 |
| 2025-09-26 | 1.21 |
| 2025-09-25 | 1.23 |
| 2025-09-24 | 1.39 |
| 2025-09-23 | 1.28 |
| 2025-09-22 | 1.31 |
| 2025-09-19 | 1.30 |
| 2025-09-18 | 1.32 |
| 2025-09-17 | 1.33 |
| 2025-09-16 | 1.33 |
| 2025-09-15 | 1.36 |
| 2025-09-12 | 1.31 |
| 2025-09-11 | 1.16 |
| 2025-09-10 | 1.07 |
| 2025-09-09 | 1.03 |
| 2025-09-08 | 0.89 |
| 2025-09-05 | 0.92 |
| 2025-09-04 | 0.93 |
| 2025-09-03 | 0.99 |
| 2025-09-02 | 1.01 |
| 2025-08-29 | 1.01 |
Showing the most recent 260 of 2,166 data points. The chart above shows the full history.