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 15.69 is 81% above its estimated 1-year average of 8.67, near the high end of its estimated 1-year range (6.49–16.13).
As of 2026-10-06T19:36:58.987Z.
Calculation as of: 2026-10-06T19:36:58.987Z.
Quote observation: 2026-10-06T19:35:14.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 80f889fb03c5e90f23e6dbb960addb407f240d79d9565bd54dedfb6815f2f0ce
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
15.69
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 · HEALTHCARE
2.38
median of 761 covered companies
CURRENT VS SECTOR MEDIAN
+559.24%
vs the sector median at left
Market Cap
$4.31B
PB Ratio
30.19
TTM Avg
15.38
3Y Avg
7.95
5Y Avg
5.98
Market Cap
$4.46B
PB Ratio
N/A
TTM Avg
112.47
3Y Avg
67.16
5Y Avg
67.16
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Heartflow, Inc. Common Stock (HTFL) | $4.39B | 15.69 | N/A | N/A | N/A |
| Adaptive Biotechnologies Corporation (ADPT)vs › | $4.31B | 30.19 | 15.38 | 7.95 | 5.98 |
| Indivior Pharmaceuticals Inc (INDV)vs › | $4.46B | N/A | 112.47 | 67.16 | 67.16 |
| Edgewise Therapeutics, Inc. (EWTX)vs › | $4.25B | 9.49 | 6.66 | 4.60 | 3.49 |
| BillionToOne, Inc. (BLLN)vs › | $4.64B | 8.65 | 9.70 | 9.70 | 9.70 |
| Option Care Health, Inc. (OPCH)vs › | $4.65B | 3.69 | 3.24 | 3.55 | 3.83 |
| LivaNova PLC (LIVN)vs › | $4.11B | 3.10 | 3.14 | 2.52 | 2.57 |
| Definium Therapeutics, Inc. (DFTX)vs › | $4.67B | 5.09 | 8.50 | 4.54 | 3.56 |
| LifeStance Health Group, Inc. (LFST)vs › | $4.68B | 3.17 | 2.16 | 1.83 | 1.79 |
| Dianthus Therapeutics, Inc. (DNTH)vs › | $4.72B | 4.02 | 4.23 | 2.59 | 1.94 |
At 15.69, P/B is above its estimated 1-year median — higher than 100% 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
6.49
median
8.84
estimated 1-year high
16.13
P/B Ratio
15.69
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 | 16.13 |
| 2026-10-02 | 15.23 |
| 2026-10-01 | 15.11 |
| 2026-09-30 | 15.37 |
| 2026-09-29 | 15.39 |
| 2026-09-28 | 15.42 |
| 2026-09-25 | 15.19 |
| 2026-09-24 | 15.03 |
| 2026-09-23 | 14.64 |
| 2026-09-22 | 15.50 |
| 2026-09-21 | 15.55 |
| 2026-09-18 | 15.68 |
| 2026-09-17 | 15.31 |
| 2026-09-16 | 14.92 |
| 2026-09-15 | 14.93 |
| 2026-09-14 | 15.30 |
| 2026-09-11 | 15.41 |
| 2026-09-10 | 14.05 |
| 2026-09-09 | 14.41 |
| 2026-09-08 | 14.75 |
| 2026-09-04 | 15.11 |
| 2026-09-03 | 15.35 |
| 2026-09-02 | 15.44 |
| 2026-09-01 | 15.58 |
| 2026-08-31 | 15.56 |
| 2026-08-28 | 14.76 |
| 2026-08-27 | 14.86 |
| 2026-08-26 | 15.12 |
| 2026-08-25 | 15.41 |
| 2026-08-24 | 15.51 |
| 2026-08-21 | 15.37 |
| 2026-08-20 | 14.46 |
| 2026-08-19 | 14.06 |
| 2026-08-18 | 13.97 |
| 2026-08-17 | 12.95 |
| 2026-08-14 | 13.00 |
| 2026-08-13 | 9.29 |
| 2026-08-12 | 8.95 |
| 2026-08-11 | 8.85 |
| 2026-08-10 | 8.80 |
| 2026-08-07 | 8.64 |
| 2026-08-06 | 8.15 |
| 2026-08-05 | 8.14 |
| 2026-08-04 | 8.18 |
| 2026-08-03 | 8.02 |
| 2026-07-31 | 7.56 |
| 2026-07-30 | 7.74 |
| 2026-07-29 | 7.51 |
| 2026-07-28 | 7.67 |
| 2026-07-27 | 7.60 |
| 2026-07-24 | 7.23 |
| 2026-07-23 | 7.38 |
| 2026-07-22 | 7.26 |
| 2026-07-21 | 7.63 |
| 2026-07-20 | 7.36 |
| 2026-07-17 | 7.46 |
| 2026-07-16 | 7.78 |
| 2026-07-15 | 8.17 |
| 2026-07-14 | 7.64 |
| 2026-07-13 | 7.84 |
| 2026-07-10 | 8.01 |
| 2026-07-09 | 8.31 |
| 2026-07-08 | 7.84 |
| 2026-07-07 | 8.18 |
| 2026-07-06 | 8.13 |
| 2026-07-02 | 8.38 |
| 2026-07-01 | 9.20 |
| 2026-06-30 | 8.79 |
| 2026-06-29 | 10.45 |
| 2026-06-26 | 10.69 |
| 2026-06-25 | 10.48 |
| 2026-06-24 | 10.46 |
| 2026-06-23 | 10.33 |
| 2026-06-22 | 10.14 |
| 2026-06-18 | 10.08 |
| 2026-06-17 | 9.84 |
| 2026-06-16 | 9.61 |
| 2026-06-15 | 9.84 |
| 2026-06-12 | 9.96 |
| 2026-06-11 | 9.19 |
| 2026-06-10 | 8.82 |
| 2026-06-09 | 8.59 |
| 2026-06-08 | 8.53 |
| 2026-06-05 | 8.42 |
| 2026-06-04 | 8.64 |
| 2026-06-03 | 8.65 |
| 2026-06-02 | 8.86 |
| 2026-06-01 | 9.29 |
| 2026-05-29 | 9.29 |
| 2026-05-28 | 9.51 |
| 2026-05-27 | 8.78 |
| 2026-05-26 | 8.51 |
| 2026-05-22 | 8.84 |
| 2026-05-21 | 8.75 |
| 2026-05-20 | 8.21 |
| 2026-05-19 | 7.97 |
| 2026-05-18 | 7.69 |
| 2026-05-15 | 8.49 |
| 2026-05-14 | 9.15 |
| 2026-05-13 | 8.85 |
| 2026-05-12 | 8.35 |
| 2026-05-11 | 8.34 |
| 2026-05-08 | 8.37 |
| 2026-05-07 | 8.50 |
| 2026-05-06 | 8.59 |
| 2026-05-05 | 8.50 |
| 2026-05-04 | 8.21 |
| 2026-05-01 | 8.13 |
| 2026-04-30 | 8.44 |
| 2026-04-29 | 8.38 |
| 2026-04-28 | 8.67 |
| 2026-04-27 | 9.00 |
| 2026-04-24 | 8.63 |
| 2026-04-23 | 8.86 |
| 2026-04-22 | 9.34 |
| 2026-04-21 | 9.03 |
| 2026-04-20 | 8.90 |
| 2026-04-17 | 8.89 |
| 2026-04-16 | 8.45 |
| 2026-04-15 | 8.29 |
| 2026-04-14 | 8.24 |
| 2026-04-13 | 7.78 |
| 2026-04-10 | 7.64 |
| 2026-04-09 | 7.68 |
| 2026-04-08 | 7.68 |
| 2026-04-07 | 7.62 |
| 2026-04-06 | 7.36 |
| 2026-04-02 | 7.04 |
| 2026-04-01 | 6.95 |
| 2026-03-31 | 6.90 |
| 2026-03-30 | 6.77 |
| 2026-03-27 | 7.00 |
| 2026-03-26 | 7.34 |
| 2026-03-25 | 7.87 |
| 2026-03-24 | 7.93 |
| 2026-03-23 | 7.61 |
| 2026-03-20 | 7.38 |
| 2026-03-19 | 7.34 |
| 2026-03-18 | 8.07 |
| 2026-03-17 | 7.13 |
| 2026-03-16 | 6.64 |
| 2026-03-13 | 6.49 |
| 2026-03-12 | 6.58 |
| 2026-03-11 | 7.03 |
| 2026-03-10 | 7.15 |
| 2026-03-09 | 7.34 |
| 2026-03-06 | 7.28 |
| 2026-03-05 | 7.87 |
| 2026-03-04 | 7.58 |
| 2026-03-03 | 7.56 |
| 2026-03-02 | 7.62 |
| 2026-02-27 | 7.33 |
| 2026-02-26 | 7.63 |
| 2026-02-25 | 7.28 |
| 2026-02-24 | 7.21 |
| 2026-02-23 | 7.02 |
| 2026-02-20 | 7.95 |
| 2026-02-19 | 7.60 |
| 2026-02-18 | 7.50 |
| 2026-02-17 | 7.05 |
| 2026-02-13 | 6.54 |
| 2026-02-12 | 7.12 |
| 2026-02-11 | 8.53 |
| 2026-02-10 | 8.65 |
| 2026-02-09 | 9.28 |
| 2026-02-06 | 8.78 |
| 2026-02-05 | 8.23 |
| 2026-02-04 | 8.91 |
| 2026-02-03 | 8.99 |
| 2026-02-02 | 9.11 |
| 2026-01-30 | 9.46 |
| 2026-01-29 | 9.76 |
| 2026-01-28 | 9.85 |
| 2026-01-27 | 9.88 |
| 2026-01-26 | 9.83 |
| 2026-01-23 | 10.18 |
| 2026-01-22 | 10.61 |
| 2026-01-21 | 10.62 |
| 2026-01-20 | 10.83 |
| 2026-01-16 | 11.77 |
| 2026-01-15 | 11.44 |
| 2026-01-14 | 11.08 |
| 2026-01-13 | 10.16 |
| 2026-01-12 | 10.07 |
| 2026-01-09 | 10.49 |
| 2026-01-08 | 10.60 |
| 2026-01-07 | 10.32 |
| 2026-01-06 | 9.87 |
| 2026-01-05 | 9.63 |
| 2026-01-02 | 9.17 |
| 2025-12-31 | 9.23 |
| 2025-12-30 | 9.57 |
| 2025-12-29 | 9.60 |
| 2025-12-26 | 9.45 |
| 2025-12-24 | 9.64 |
| 2025-12-23 | 9.66 |
| 2025-12-22 | 9.90 |
| 2025-12-19 | 9.66 |
| 2025-12-18 | 9.07 |
| 2025-12-17 | 8.33 |
| 2025-12-16 | 8.38 |
| 2025-12-15 | 8.12 |
| 2025-12-12 | 8.39 |
| 2025-12-11 | 8.98 |
| 2025-12-10 | 8.89 |
| 2025-12-09 | 8.51 |
| 2025-12-08 | 8.85 |
| 2025-12-05 | 8.72 |
| 2025-12-04 | 9.16 |
| 2025-12-03 | 8.87 |
| 2025-12-02 | 9.38 |
| 2025-12-01 | 9.55 |
| 2025-11-28 | 10.21 |
| 2025-11-26 | 9.95 |
| 2025-11-25 | 10.29 |
| 2025-11-24 | 9.77 |
| 2025-11-21 | 9.77 |
| 2025-11-20 | 8.76 |
| 2025-11-19 | 8.62 |
| 2025-11-18 | 8.65 |
| 2025-11-17 | 8.36 |
| 2025-11-14 | 8.86 |
| 2025-11-13 | 9.80 |
