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 2.25 is 37% above its estimated 5-year average of 1.64, around the middle of its estimated 5-year range (0.68–5.82).
As of 2026-09-11T02:35:54.781Z. 5.72% below its estimated 12-month average of 2.39.
Calculation as of: 2026-09-11T02:35:54.781Z.
Quote observation: 2026-09-10T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 0aec9a804d495ec3ab96d3d15850e3a622c5a5a3e4d58c69d42b5659f6588cd8
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 2026-09-10.
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
2.25
PB RATIO AVG TTM
2.39
PB RATIO AVG 3Y
1.50
PB RATIO AVG 5Y
1.64
PB RATIO AVG 10Y
2.32
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-5.72%
CURRENT VS 3Y AVG
+50.48%
CURRENT VS 5Y AVG
+37.36%
CURRENT VS 10Y AVG
-2.82%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.31
median of 182 covered companies
CURRENT VS SECTOR MEDIAN
-64.37%
vs the sector median at left
Market Cap
$1.98B
PB Ratio
1.76
TTM Avg
5.35
3Y Avg
5.35
5Y Avg
5.35
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ichor Holdings, Ltd. (ICHR) | $1.94B | 2.25 | 2.39 | 1.50 | 1.64 |
| SharonAI Holdings, Inc. Class A Common Stock (SHAZ)vs › | $1.98B | 1.76 | 5.35 | 5.35 | 5.35 |
| Asana, Inc. (ASAN)vs › | $2.03B | 19.50 | 13.24 | 13.19 | 20.06 |
| Keel Infrastructure Corp. (KEEL)vs › | $2.08B | 6.32 | 4.00 | 2.44 | 2.09 |
| Quantum Computing, Inc. (QUBT)vs › | $1.76B | 1.10 | 2.42 | 3.99 | 4.41 |
| C3.ai, Inc. (AI)vs › | $1.59B | 2.29 | 2.23 | 3.23 | 3.02 |
| nCino, Inc. (NCNO)vs › | $2.35B | 2.52 | 2.29 | 2.99 | 4.18 |
| PagerDuty, Inc. (PD)vs › | $1.25B | 5.41 | 4.28 | 9.00 | 9.35 |
| Veeco Instruments Inc. (VECO)vs › | $2.68B | 2.97 | 2.85 | 2.62 | 2.75 |
| Bitdeer Technologies Group (BTDR)vs › | $2.69B | 2.44 | 4.12 | 3.30 | 4.31 |
At 2.25, P/B is near its estimated 10-year median — higher than 49% of readings in its estimated 10-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 10-year low
0.60
median
2.30
estimated 10-year high
5.82
P/B Ratio
2.25
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 |
|---|---|
| 2026-09-10 | 2.34 |
| 2026-09-09 | 2.43 |
| 2026-09-08 | 2.44 |
| 2026-09-04 | 2.36 |
| 2026-09-03 | 2.22 |
| 2026-09-02 | 2.21 |
| 2026-09-01 | 2.17 |
| 2026-08-31 | 2.25 |
| 2026-08-28 | 2.33 |
| 2026-08-27 | 2.48 |
| 2026-08-26 | 2.42 |
| 2026-08-25 | 2.40 |
| 2026-08-24 | 2.39 |
| 2026-08-21 | 2.53 |
| 2026-08-20 | 2.47 |
| 2026-08-19 | 2.57 |
| 2026-08-18 | 2.77 |
| 2026-08-17 | 3.01 |
| 2026-08-14 | 2.98 |
| 2026-08-13 | 2.99 |
| 2026-08-12 | 2.90 |
| 2026-08-11 | 2.83 |
| 2026-08-10 | 2.72 |
| 2026-08-07 | 2.87 |
| 2026-08-06 | 2.74 |
| 2026-08-05 | 2.75 |
| 2026-08-04 | 3.69 |
| 2026-08-03 | 4.16 |
| 2026-07-31 | 3.90 |
| 2026-07-30 | 3.88 |
| 2026-07-29 | 3.22 |
| 2026-07-28 | 3.53 |
| 2026-07-27 | 4.06 |
| 2026-07-24 | 4.48 |
| 2026-07-23 | 4.87 |
| 2026-07-22 | 4.94 |
| 2026-07-21 | 4.97 |
| 2026-07-20 | 4.34 |
| 2026-07-17 | 4.29 |
| 2026-07-16 | 4.34 |
| 2026-07-15 | 4.83 |
| 2026-07-14 | 4.91 |
| 2026-07-13 | 4.68 |
| 2026-07-10 | 5.20 |
| 2026-07-09 | 5.00 |
| 2026-07-08 | 4.60 |
| 2026-07-07 | 4.40 |
| 2026-07-06 | 4.96 |
| 2026-07-02 | 5.09 |
| 2026-07-01 | 5.79 |
| 2026-06-30 | 5.82 |
| 2026-06-29 | 5.46 |
| 2026-06-26 | 4.87 |
| 2026-06-25 | 4.92 |
| 2026-06-24 | 4.63 |
| 2026-06-23 | 4.78 |
| 2026-06-22 | 5.16 |
| 2026-06-18 | 5.11 |
| 2026-06-17 | 4.63 |
| 2026-06-16 | 4.44 |
| 2026-06-15 | 4.64 |
| 2026-06-12 | 4.50 |
| 2026-06-11 | 4.35 |
| 2026-06-10 | 3.74 |
| 2026-06-09 | 3.71 |
| 2026-06-08 | 3.46 |
| 2026-06-05 | 3.26 |
| 2026-06-04 | 3.68 |
| 2026-06-03 | 3.75 |
| 2026-06-02 | 3.88 |
| 2026-06-01 | 3.63 |
| 2026-05-29 | 3.71 |
| 2026-05-28 | 3.63 |
| 2026-05-27 | 3.82 |
| 2026-05-26 | 3.77 |
| 2026-05-22 | 3.57 |
| 2026-05-21 | 3.38 |
| 2026-05-20 | 3.41 |
| 2026-05-19 | 3.35 |
| 2026-05-18 | 3.45 |
| 2026-05-15 | 3.80 |
| 2026-05-14 | 3.86 |
| 2026-05-13 | 3.85 |
| 2026-05-12 | 3.80 |
| 2026-05-11 | 3.99 |
| 2026-05-08 | 3.86 |
| 2026-05-07 | 3.69 |
| 2026-05-06 | 3.76 |
| 2026-05-05 | 3.51 |
| 2026-05-04 | 3.61 |
| 2026-05-01 | 3.34 |
| 2026-04-30 | 3.42 |
| 2026-04-29 | 3.30 |
| 2026-04-28 | 3.45 |
| 2026-04-27 | 3.66 |
| 2026-04-24 | 3.68 |
| 2026-04-23 | 3.55 |
| 2026-04-22 | 3.40 |
| 2026-04-21 | 3.34 |
| 2026-04-20 | 3.34 |
| 2026-04-17 | 3.41 |
| 2026-04-16 | 3.30 |
| 2026-04-15 | 3.33 |
| 2026-04-14 | 3.32 |
| 2026-04-13 | 3.13 |
| 2026-04-10 | 2.98 |
| 2026-04-09 | 2.86 |
| 2026-04-08 | 2.73 |
| 2026-04-07 | 2.53 |
| 2026-04-06 | 2.48 |
| 2026-04-02 | 2.49 |
| 2026-04-01 | 2.48 |
| 2026-03-31 | 2.42 |
| 2026-03-30 | 2.18 |
| 2026-03-27 | 2.34 |
| 2026-03-26 | 2.36 |
| 2026-03-25 | 2.65 |
| 2026-03-24 | 2.65 |
| 2026-03-23 | 2.53 |
| 2026-03-20 | 2.43 |
| 2026-03-19 | 2.65 |
| 2026-03-18 | 2.43 |
| 2026-03-17 | 2.47 |
| 2026-03-16 | 2.21 |
| 2026-03-13 | 2.15 |
| 2026-03-12 | 2.16 |
| 2026-03-11 | 2.32 |
| 2026-03-10 | 2.25 |
| 2026-03-09 | 2.16 |
| 2026-03-06 | 2.07 |
| 2026-03-05 | 2.30 |
| 2026-03-04 | 2.42 |
| 2026-03-03 | 2.36 |
| 2026-03-02 | 2.52 |
| 2026-02-27 | 2.46 |
| 2026-02-26 | 2.43 |
| 2026-02-25 | 2.72 |
| 2026-02-24 | 2.78 |
| 2026-02-23 | 2.65 |
| 2026-02-20 | 2.56 |
| 2026-02-19 | 2.43 |
| 2026-02-18 | 2.43 |
| 2026-02-17 | 2.39 |
| 2026-02-13 | 2.38 |
| 2026-02-12 | 2.23 |
| 2026-02-11 | 2.42 |
| 2026-02-10 | 2.30 |
| 2026-02-09 | 1.73 |
| 2026-02-06 | 1.63 |
| 2026-02-05 | 1.45 |
| 2026-02-04 | 1.42 |
| 2026-02-03 | 1.54 |
| 2026-02-02 | 1.58 |
| 2026-01-30 | 1.54 |
| 2026-01-29 | 1.70 |
| 2026-01-28 | 1.57 |
| 2026-01-27 | 1.57 |
| 2026-01-26 | 1.55 |
| 2026-01-23 | 1.60 |
| 2026-01-22 | 1.68 |
| 2026-01-21 | 1.69 |
| 2026-01-20 | 1.55 |
| 2026-01-16 | 1.51 |
| 2026-01-15 | 1.46 |
| 2026-01-14 | 1.42 |
| 2026-01-13 | 1.33 |
| 2026-01-12 | 1.25 |
| 2026-01-09 | 1.21 |
| 2026-01-08 | 1.15 |
| 2026-01-07 | 1.20 |
| 2026-01-06 | 1.16 |
| 2026-01-05 | 1.06 |
| 2026-01-02 | 1.04 |
| 2025-12-31 | 0.94 |
| 2025-12-30 | 0.96 |
| 2025-12-29 | 0.97 |
| 2025-12-26 | 0.96 |
| 2025-12-24 | 0.96 |
| 2025-12-23 | 0.94 |
| 2025-12-22 | 0.93 |
| 2025-12-19 | 0.90 |
| 2025-12-18 | 0.88 |
| 2025-12-17 | 0.85 |
| 2025-12-16 | 0.89 |
| 2025-12-15 | 0.90 |
| 2025-12-12 | 0.91 |
| 2025-12-11 | 0.95 |
| 2025-12-10 | 0.94 |
| 2025-12-09 | 0.91 |
| 2025-12-08 | 0.90 |
| 2025-12-05 | 0.89 |
| 2025-12-04 | 0.88 |
| 2025-12-03 | 0.89 |
| 2025-12-02 | 0.84 |
| 2025-12-01 | 0.84 |
| 2025-11-28 | 0.85 |
| 2025-11-26 | 0.85 |
| 2025-11-25 | 0.82 |
| 2025-11-24 | 0.78 |
| 2025-11-21 | 0.75 |
| 2025-11-20 | 0.72 |
| 2025-11-19 | 0.76 |
| 2025-11-18 | 0.74 |
| 2025-11-17 | 0.73 |
| 2025-11-14 | 0.74 |
| 2025-11-13 | 0.76 |
| 2025-11-12 | 0.82 |
| 2025-11-11 | 0.77 |
| 2025-11-10 | 0.78 |
| 2025-11-07 | 0.76 |
| 2025-11-06 | 0.77 |
| 2025-11-05 | 0.85 |
| 2025-11-04 | 0.80 |
| 2025-11-03 | 1.16 |
| 2025-10-31 | 1.15 |
| 2025-10-30 | 1.16 |
| 2025-10-29 | 1.20 |
| 2025-10-28 | 1.15 |
| 2025-10-27 | 1.19 |
| 2025-10-24 | 1.14 |
| 2025-10-23 | 1.12 |
| 2025-10-22 | 1.07 |
| 2025-10-21 | 1.14 |
| 2025-10-20 | 1.15 |
| 2025-10-17 | 1.12 |
| 2025-10-16 | 1.15 |
| 2025-10-15 | 1.18 |
| 2025-10-14 | 1.04 |
| 2025-10-13 | 1.04 |
| 2025-10-10 | 0.93 |
| 2025-10-09 | 1.01 |
| 2025-10-08 | 1.00 |
| 2025-10-07 | 0.95 |
| 2025-10-06 | 1.02 |
| 2025-10-03 | 1.05 |
| 2025-10-02 | 1.04 |
| 2025-10-01 | 1.01 |
| 2025-09-30 | 0.86 |
| 2025-09-29 | 0.85 |
| 2025-09-26 | 0.85 |
| 2025-09-25 | 0.84 |
| 2025-09-24 | 0.87 |
| 2025-09-23 | 0.90 |
| 2025-09-22 | 0.93 |
| 2025-09-19 | 0.91 |
| 2025-09-18 | 0.89 |
| 2025-09-17 | 0.81 |
| 2025-09-16 | 0.84 |
| 2025-09-15 | 0.84 |
| 2025-09-12 | 0.83 |
| 2025-09-11 | 0.84 |
| 2025-09-10 | 0.81 |
| 2025-09-09 | 0.81 |
| 2025-09-08 | 0.83 |
| 2025-09-05 | 0.83 |
| 2025-09-04 | 0.81 |
| 2025-09-03 | 0.79 |
| 2025-09-02 | 0.81 |
| 2025-08-29 | 0.83 |
| 2025-08-28 | 0.87 |
Showing the most recent 260 of 2,450 data points. The chart above shows the full history.