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 4.03 is 47% above its estimated 1-year average of 2.74, near the high end of its estimated 1-year range (1.05–4.50).
As of 2026-10-06T14:42:10.666Z.
Calculation as of: 2026-10-06T14:42:10.666Z.
Quote observation: 2026-10-06T14:40:22.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d91ac3b3e1962e496a83f58ad693943c0943e22ecdf3d06b8bbd0c62015ee6a3
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
4.03
PB RATIO AVG TTM
N/A
PB RATIO AVG 3Y
N/A
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
N/A
CURRENT VS 3Y AVG
N/A
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 · ENERGY
2.23
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
+80.72%
vs the sector median at left
HMH Holding Inc. Class A Common Stock
Market Cap
$847.29M
PB Ratio
4.03
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$810.13M
PB Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HMH Holding Inc. Class A Common Stock (HMH) | $847.29M | 4.03 | N/A | N/A | N/A |
| New Fortress Energy Inc. Series A Mandatorily Convertible Preferred Stock (NFEGP)vs › | $810.13M | N/A | N/A | N/A | N/A |
| ProFrac Holding Corp. (ACDC)vs › | $916.36M | 1.69 | 1.26 | 1.11 | 1.50 |
| Canadian Solar Inc. (CSIQ)vs › | $782.17M | 0.28 | 0.42 | 0.40 | 0.76 |
| HighPeak Energy, Inc. (HPK)vs › | $1.04B | 0.67 | 0.52 | 0.91 | 1.65 |
| Array Technologies, Inc. (ARRY)vs › | $622.23M | N/A | 9.25 | 26.71 | 45.05 |
| Ramaco Resources, Inc. (METC)vs › | $426.67M | 1.13 | 1.96 | 2.02 | 2.05 |
| Star Group, L.P. (SGU)vs › | $424.87M | 1.09 | 1.17 | 1.28 | 1.32 |
| Ramaco Resources, Inc. (METCB)vs › | $377.21M | 1.00 | 1.16 | 1.37 | 1.37 |
| Clean Energy Fuels Corp. (CLNE)vs › | $341.35M | 0.62 | 0.84 | 0.86 | 1.23 |
At 4.03, P/B is above its estimated 1-year median — higher than 70% of readings in its estimated 1-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 1-year low
1.05
median
3.71
estimated 1-year high
4.50
P/B Ratio
4.03
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 | 4.01 |
| 2026-10-02 | 3.83 |
| 2026-10-01 | 3.63 |
| 2026-09-30 | 3.66 |
| 2026-09-29 | 3.71 |
| 2026-09-28 | 4.03 |
| 2026-09-25 | 4.00 |
| 2026-09-24 | 3.89 |
| 2026-09-23 | 3.88 |
| 2026-09-22 | 3.88 |
| 2026-09-21 | 3.89 |
| 2026-09-18 | 3.94 |
| 2026-09-17 | 3.99 |
| 2026-09-16 | 4.12 |
| 2026-09-15 | 4.19 |
| 2026-09-14 | 4.04 |
| 2026-09-11 | 4.23 |
| 2026-09-10 | 4.22 |
| 2026-09-09 | 4.36 |
| 2026-09-08 | 4.13 |
| 2026-09-04 | 4.07 |
| 2026-09-03 | 4.18 |
| 2026-09-02 | 4.11 |
| 2026-09-01 | 4.01 |
| 2026-08-31 | 4.02 |
| 2026-08-28 | 3.94 |
| 2026-08-27 | 4.02 |
| 2026-08-26 | 3.92 |
| 2026-08-25 | 3.99 |
| 2026-08-24 | 4.07 |
| 2026-08-21 | 4.26 |
| 2026-08-20 | 4.23 |
| 2026-08-19 | 4.39 |
| 2026-08-18 | 4.39 |
| 2026-08-17 | 4.44 |
| 2026-08-14 | 4.27 |
| 2026-08-13 | 4.15 |
| 2026-08-12 | 4.19 |
| 2026-08-11 | 4.16 |
| 2026-08-10 | 4.28 |
| 2026-08-07 | 4.11 |
| 2026-08-06 | 4.16 |
| 2026-08-05 | 4.31 |
| 2026-08-04 | 4.22 |
| 2026-08-03 | 4.28 |
| 2026-07-31 | 4.34 |
| 2026-07-30 | 4.20 |
| 2026-07-29 | 3.90 |
| 2026-07-28 | 3.97 |
| 2026-07-27 | 4.12 |
| 2026-07-24 | 4.50 |
| 2026-07-23 | 4.45 |
| 2026-07-22 | 4.40 |
| 2026-07-21 | 4.15 |
| 2026-07-20 | 4.00 |
| 2026-07-17 | 4.11 |
| 2026-07-16 | 4.06 |
| 2026-07-15 | 4.02 |
| 2026-07-14 | 4.17 |
| 2026-07-13 | 4.16 |
| 2026-07-10 | 4.14 |
| 2026-07-09 | 4.00 |
| 2026-07-08 | 4.04 |
| 2026-07-07 | 3.91 |
| 2026-07-06 | 3.84 |
| 2026-07-02 | 3.78 |
| 2026-07-01 | 3.84 |
| 2026-06-30 | 1.17 |
| 2026-06-29 | 1.21 |
| 2026-06-26 | 1.25 |
| 2026-06-25 | 1.21 |
| 2026-06-24 | 1.13 |
| 2026-06-23 | 1.20 |
| 2026-06-22 | 1.20 |
| 2026-06-18 | 1.16 |
| 2026-06-17 | 1.12 |
| 2026-06-16 | 1.18 |
| 2026-06-15 | 1.23 |
| 2026-06-12 | 1.30 |
| 2026-06-11 | 1.27 |
| 2026-06-10 | 1.31 |
| 2026-06-09 | 1.29 |
| 2026-06-08 | 1.37 |
| 2026-06-05 | 1.32 |
| 2026-06-04 | 1.35 |
| 2026-06-03 | 1.39 |
| 2026-06-02 | 1.37 |
| 2026-06-01 | 1.33 |
| 2026-05-29 | 1.33 |
| 2026-05-28 | 1.30 |
| 2026-05-27 | 1.34 |
| 2026-05-26 | 1.40 |
| 2026-05-22 | 1.51 |
| 2026-05-21 | 1.45 |
| 2026-05-20 | 1.44 |
| 2026-05-19 | 1.43 |
| 2026-05-18 | 1.36 |
| 2026-05-15 | 1.35 |
| 2026-05-14 | 1.32 |
| 2026-05-13 | 1.31 |
| 2026-05-12 | 1.31 |
| 2026-05-11 | 1.32 |
| 2026-05-08 | 1.34 |
| 2026-05-07 | 1.34 |
| 2026-05-06 | 1.31 |
| 2026-05-05 | 1.37 |
| 2026-05-04 | 1.38 |
| 2026-05-01 | 1.32 |
| 2026-04-30 | 1.32 |
| 2026-04-29 | 1.31 |
| 2026-04-28 | 1.28 |
| 2026-04-27 | 1.31 |
| 2026-04-24 | 1.25 |
| 2026-04-23 | 1.26 |
| 2026-04-22 | 1.29 |
| 2026-04-21 | 1.28 |
| 2026-04-20 | 1.20 |
| 2026-04-17 | 1.15 |
| 2026-04-16 | 1.18 |
| 2026-04-15 | 1.13 |
| 2026-04-14 | 1.18 |
| 2026-04-13 | 1.18 |
| 2026-04-10 | 1.16 |
| 2026-04-09 | 1.14 |
| 2026-04-08 | 1.05 |
| 2026-04-07 | 1.13 |
| 2026-04-06 | 1.16 |
| 2026-04-02 | 1.17 |
| 2026-04-01 | 1.20 |