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 20.60 is 734% above its estimated 1-year average of 2.47, near the low end of its estimated 1-year range (0.47–205.67).
As of 2026-10-06T16:37:26.409Z.
Calculation as of: 2026-10-06T16:37:26.409Z.
Quote observation: 2026-10-06T16:35:08.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: aee90c68506d4cf1bc264e4bf7fdaebac6640260d9e963b176d233fe6628fe84
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
20.60
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 · TECHNOLOGY
3.81
median of 525 covered companies
CURRENT VS SECTOR MEDIAN
+440.68%
vs the sector median at left
Horizon Quantum Holdings Ltd. Class A Ordinary Shares
Market Cap
$905.11M
PB Ratio
20.60
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$874.84M
PB Ratio
0.00
TTM Avg
0.96
3Y Avg
0.96
5Y Avg
1.18
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Horizon Quantum Holdings Ltd. Class A Ordinary Shares (HQ) | $905.11M | 20.60 | N/A | N/A | N/A |
| Daily Journal Corporation (DJCO)vs › | $887.23M | 2.63 | 2.04 | 2.16 | 2.02 |
| Rezolve AI PLC (RZLV)vs › | $885.40M | 2.20 | 3.30 | 3.30 | 3.30 |
| PubMatic, Inc. (PUBM)vs › | $875.69M | 3.67 | 2.04 | 2.55 | 3.25 |
| Alpha and Omega Semiconductor Limited (AOSL)vs › | $874.84M | 0.00 | 0.96 | 0.96 | 1.18 |
| Daktronics, Inc. (DAKT)vs › | $860.39M | 2.71 | 3.39 | 2.82 | 2.14 |
| Playtika Holding Corp. (PLTK)vs › | $848.44M | N/A | N/A | N/A | N/A |
| Frequency Electronics, Inc. (FEIM)vs › | $848.11M | 7.08 | 8.85 | 5.22 | 3.74 |
| Backblaze, Inc. (BLZE)vs › | $824.60M | 9.31 | 5.79 | 5.66 | 4.57 |
| Rapid7, Inc. (RPD)vs › | $821.33M | 4.18 | 5.22 | 20.56 | 20.56 |
At 20.60, P/B is above its estimated 1-year median — higher than 90% 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
0.47
median
1.35
estimated 1-year high
205.67
P/B Ratio
20.60
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 | 1.43 |
| 2026-10-02 | 1.41 |
| 2026-10-01 | 1.33 |
| 2026-09-30 | 1.32 |
| 2026-09-29 | 1.26 |
| 2026-09-28 | 1.27 |
| 2026-09-25 | 1.39 |
| 2026-09-24 | 1.41 |
| 2026-09-23 | 1.33 |
| 2026-09-22 | 1.40 |
| 2026-09-21 | 1.37 |
| 2026-09-18 | 1.21 |
| 2026-09-17 | 1.20 |
| 2026-09-16 | 1.21 |
| 2026-09-15 | 1.18 |
| 2026-09-14 | 0.92 |
| 2026-09-11 | 1.36 |
| 2026-09-10 | 1.38 |
| 2026-09-09 | 1.43 |
| 2026-09-08 | 1.44 |
| 2026-09-04 | 1.39 |
| 2026-09-03 | 1.41 |
| 2026-09-02 | 1.56 |
| 2026-09-01 | 1.30 |
| 2026-08-31 | 1.32 |
| 2026-08-28 | 1.35 |
| 2026-08-27 | 1.47 |
| 2026-08-26 | 1.57 |
| 2026-08-25 | 1.73 |
| 2026-08-24 | 1.73 |
| 2026-08-21 | 1.78 |
| 2026-08-20 | 1.55 |
| 2026-08-19 | 1.50 |
| 2026-08-18 | 1.49 |
| 2026-08-17 | 1.50 |
| 2026-08-14 | 1.51 |
| 2026-08-13 | 1.49 |
| 2026-08-12 | 1.33 |
| 2026-08-11 | 1.11 |
| 2026-08-10 | 1.12 |
| 2026-08-07 | 1.26 |
| 2026-08-06 | 1.28 |
| 2026-08-05 | 1.34 |
| 2026-08-04 | 0.71 |
| 2026-08-03 | 0.64 |
| 2026-07-31 | 0.56 |
| 2026-07-30 | 0.59 |
| 2026-07-29 | 0.54 |
| 2026-07-28 | 0.55 |
| 2026-07-27 | 0.58 |
| 2026-07-24 | 0.55 |
| 2026-07-23 | 0.64 |
| 2026-07-22 | 0.68 |
| 2026-07-21 | 0.78 |
| 2026-07-20 | 0.91 |
| 2026-07-17 | 1.04 |
| 2026-07-16 | 0.98 |
| 2026-07-15 | 1.02 |
| 2026-07-14 | 0.99 |
| 2026-07-13 | 1.00 |
| 2026-07-10 | 1.07 |
| 2026-07-09 | 1.12 |
| 2026-07-08 | 1.11 |
| 2026-07-07 | 1.10 |
| 2026-07-06 | 1.13 |
| 2026-07-02 | 1.11 |
| 2026-07-01 | 1.26 |
| 2026-06-30 | 1.30 |
| 2026-06-29 | 1.10 |
| 2026-06-26 | 1.09 |
| 2026-06-25 | 1.21 |
| 2026-06-24 | 1.33 |
| 2026-06-23 | 1.56 |
| 2026-06-22 | 1.79 |
| 2026-06-18 | 1.49 |
| 2026-06-17 | 1.10 |
| 2026-06-16 | 0.87 |
| 2026-06-15 | 0.83 |
| 2026-06-12 | 0.51 |
| 2026-06-11 | 0.48 |
| 2026-06-10 | 0.47 |
| 2026-06-09 | 0.50 |
| 2026-06-08 | 0.52 |
| 2026-06-05 | 0.49 |
| 2026-06-04 | 0.56 |
| 2026-06-03 | 0.59 |
| 2026-06-02 | 0.65 |
| 2026-06-01 | 0.59 |
| 2026-05-29 | 0.62 |
| 2026-05-28 | 0.61 |
| 2026-05-27 | 0.56 |
| 2026-05-26 | 0.55 |
| 2026-05-22 | 0.65 |
| 2026-05-21 | 0.56 |
| 2026-05-20 | 0.51 |
| 2026-05-19 | 0.52 |
| 2026-05-18 | 0.53 |
| 2026-05-15 | 0.56 |
| 2026-05-14 | 0.57 |
| 2026-05-13 | 0.57 |
| 2026-05-12 | 0.55 |
| 2026-05-11 | 0.59 |
| 2026-05-08 | 0.48 |
| 2026-05-07 | 0.47 |
| 2026-05-06 | 0.49 |
| 2026-05-05 | 152.71 |
| 2026-05-04 | 158.39 |
| 2026-05-01 | 169.58 |
| 2026-04-30 | 156.34 |
| 2026-04-29 | 157.60 |
| 2026-04-28 | 157.91 |
| 2026-04-27 | 183.29 |
| 2026-04-24 | 179.19 |
| 2026-04-23 | 181.24 |
| 2026-04-22 | 188.33 |
| 2026-04-21 | 185.18 |
| 2026-04-20 | 205.67 |
| 2026-04-17 | 185.65 |
| 2026-04-16 | 185.18 |
| 2026-04-15 | 192.74 |
| 2026-04-14 | 6.39 |
| 2026-04-13 | 5.47 |
| 2026-04-10 | 5.45 |
| 2026-04-09 | 5.41 |
| 2026-04-08 | 5.15 |
| 2026-04-07 | 5.13 |
| 2026-04-06 | 5.60 |
| 2026-04-02 | 5.73 |
| 2026-04-01 | 5.29 |
| 2026-03-31 | 5.41 |
| 2026-03-30 | 5.51 |
| 2026-03-27 | 5.98 |
| 2026-03-26 | 6.70 |
| 2026-03-25 | 6.77 |
| 2026-03-24 | 6.83 |
| 2026-03-23 | 6.97 |
| 2026-03-20 | 6.06 |
| 2026-03-19 | 8.28 |
| 2026-03-18 | 8.00 |
| 2026-03-17 | 8.16 |
| 2026-03-16 | 7.39 |
| 2026-03-13 | 7.26 |
| 2026-03-12 | 7.31 |
| 2026-03-11 | 7.31 |
| 2026-03-10 | 7.27 |
| 2026-03-09 | 7.24 |
| 2026-03-06 | 7.23 |
| 2026-03-05 | 7.19 |
| 2026-03-04 | 7.18 |
| 2026-03-03 | 7.15 |
| 2026-03-02 | 7.15 |
| 2026-02-27 | 7.14 |
| 2026-02-26 | 7.16 |
| 2026-02-25 | 7.16 |
| 2026-02-24 | 7.20 |
| 2026-02-23 | 7.20 |