Basis: Latest stored market observation. 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 26.78 is 37% below its 5-year average of 42.76, near the low end of its 5-year range (18.68–90.93).
As of Friday, September 4, 2026. 16.39% below its 12-month average of 32.03.
PB RATIO
26.78
PB RATIO AVG TTM
32.03
PB RATIO AVG 3Y
29.36
PB RATIO AVG 5Y
42.76
PB RATIO AVG 10Y
60.87
PB RATIO AVG 15Y
43.92
PB RATIO AVG 20Y
32.01
CURRENT VS TTM AVG
-16.39%
CURRENT VS 3Y AVG
-8.79%
CURRENT VS 5Y AVG
-37.37%
CURRENT VS 10Y AVG
-56.00%
CURRENT VS 15Y AVG
-39.03%
CURRENT VS 20Y AVG
-16.35%
SECTOR MEDIAN · HEALTHCARE
4.16
median of 85 covered companies
CURRENT VS SECTOR MEDIAN
+543.75%
vs the sector median at left
Market Cap
$42.96B
PB Ratio
5.54
TTM Avg
4.59
3Y Avg
3.32
5Y Avg
2.43
Market Cap
$35.29B
PB Ratio
27.17
TTM Avg
127.65
3Y Avg
336.44
5Y Avg
228.76
Market Cap
$50.06B
PB Ratio
4.89
TTM Avg
4.71
3Y Avg
5.46
5Y Avg
7.40
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IDEXX Laboratories, Inc. (IDXX) | $41.22B | 26.78 | 32.03 | 29.36 | 42.76 |
| Agilent Technologies, Inc. (A)vs › | $41.61B | 5.80 | 5.59 | 6.06 | 6.78 |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $42.96B | 5.54 | 4.59 | 3.32 | 2.43 |
| IQVIA Holdings Inc. (IQV)vs › | $42.99B | 7.32 | 5.60 | 5.91 | 6.53 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $35.29B | 27.17 | 127.65 | 336.44 | 228.76 |
| Alcon Inc. (ALC)vs › | $33.80B | 1.60 | 1.67 | 1.91 | 1.90 |
| Humana Inc. (HUM)vs › | $48.73B | 2.53 | 1.82 | 2.22 | 2.84 |
| Becton, Dickinson and Company (BDX)vs › | $49.54B | 2.08 | 1.79 | 1.94 | 2.07 |
| Edwards Lifesciences Corporation (EW)vs › | $50.06B | 4.89 | 4.71 | 5.46 | 7.40 |
| ResMed Inc. (RMD)vs › | $32.19B | 5.03 | 5.55 | 6.13 | 7.67 |
At 26.78, P/B is near its 20-year median — higher than 54% of readings in its 20-year history.
20-year low
2.02
median
21.92
20-year high
876.02
P/B Ratio
26.78
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 |
|---|---|
| 2026-09-04 | 26.78 |
| 2026-09-03 | 26.48 |
| 2026-09-02 | 26.96 |
| 2026-09-01 | 27.27 |
| 2026-08-31 | 27.85 |
| 2026-08-28 | 27.77 |
| 2026-08-27 | 27.27 |
| 2026-08-26 | 27.69 |
| 2026-08-25 | 27.52 |
| 2026-08-24 | 27.99 |
| 2026-08-21 | 27.86 |
| 2026-08-20 | 27.31 |
| 2026-08-19 | 28.13 |
| 2026-08-18 | 27.68 |
| 2026-08-17 | 27.32 |
| 2026-08-14 | 27.56 |
| 2026-08-13 | 28.36 |
| 2026-08-12 | 28.55 |
| 2026-08-11 | 29.35 |
| 2026-08-10 | 29.81 |
| 2026-08-07 | 29.35 |
| 2026-08-06 | 29.52 |
| 2026-08-05 | 29.26 |
| 2026-08-04 | 29.42 |
| 2026-08-03 | 29.44 |
| 2026-07-31 | 28.98 |
| 2026-07-30 | 28.97 |
| 2026-07-29 | 29.54 |
| 2026-07-28 | 29.53 |
| 2026-07-27 | 28.84 |
| 2026-07-24 | 28.22 |
| 2026-07-23 | 27.96 |
| 2026-07-22 | 28.26 |
| 2026-07-21 | 28.64 |
| 2026-07-20 | 29.23 |
| 2026-07-17 | 29.42 |
| 2026-07-16 | 29.87 |
| 2026-07-15 | 28.88 |
| 2026-07-14 | 28.03 |
| 2026-07-13 | 29.25 |
| 2026-07-10 | 29.22 |
| 2026-07-09 | 28.96 |
| 2026-07-08 | 28.81 |
| 2026-07-07 | 29.56 |
| 2026-07-06 | 29.29 |
| 2026-07-02 | 28.92 |
| 2026-07-01 | 27.87 |
| 2026-06-30 | 27.29 |
| 2026-06-29 | 27.78 |
| 2026-06-26 | 28.59 |
| 2026-06-25 | 28.77 |
| 2026-06-24 | 28.47 |
| 2026-06-23 | 28.06 |
| 2026-06-22 | 28.29 |
| 2026-06-18 | 29.14 |
| 2026-06-17 | 28.31 |
| 2026-06-16 | 29.71 |
| 2026-06-15 | 29.55 |
| 2026-06-12 | 29.08 |
| 2026-06-11 | 28.92 |
| 2026-06-10 | 28.87 |
| 2026-06-09 | 30.01 |
| 2026-06-08 | 29.09 |
| 2026-06-05 | 29.14 |
| 2026-06-04 | 29.28 |
| 2026-06-03 | 29.07 |
| 2026-06-02 | 28.56 |
| 2026-06-01 | 29.38 |
| 2026-05-29 | 29.22 |
| 2026-05-28 | 29.45 |
| 2026-05-27 | 28.57 |
| 2026-05-26 | 28.89 |
| 2026-05-22 | 29.00 |
| 2026-05-21 | 28.67 |
| 2026-05-20 | 28.70 |
| 2026-05-19 | 28.33 |
| 2026-05-18 | 28.30 |
| 2026-05-15 | 27.41 |
| 2026-05-14 | 27.63 |
| 2026-05-13 | 27.41 |
| 2026-05-12 | 27.68 |
| 2026-05-11 | 27.58 |
| 2026-05-08 | 29.04 |
| 2026-05-07 | 29.67 |
| 2026-05-06 | 30.03 |
| 2026-05-05 | 29.19 |
| 2026-05-04 | 28.30 |
| 2026-05-01 | 28.52 |
| 2026-04-30 | 28.18 |
| 2026-04-29 | 27.82 |
| 2026-04-28 | 28.56 |
| 2026-04-27 | 28.89 |
| 2026-04-24 | 28.44 |
| 2026-04-23 | 28.19 |
| 2026-04-22 | 29.06 |
| 2026-04-21 | 28.59 |
| 2026-04-20 | 29.30 |
| 2026-04-17 | 29.61 |
| 2026-04-16 | 28.64 |
| 2026-04-15 | 29.18 |
| 2026-04-14 | 29.35 |
| 2026-04-13 | 28.85 |
| 2026-04-10 | 28.29 |
| 2026-04-09 | 29.39 |
| 2026-04-08 | 29.74 |
| 2026-04-07 | 28.89 |
| 2026-04-06 | 29.02 |
| 2026-04-02 | 28.62 |
| 2026-04-01 | 28.38 |
| 2026-03-31 | 28.24 |
| 2026-03-30 | 28.00 |
| 2026-03-27 | 28.06 |
| 2026-03-26 | 28.81 |
| 2026-03-25 | 28.93 |
| 2026-03-24 | 28.65 |
| 2026-03-23 | 29.07 |
| 2026-03-20 | 29.01 |
| 2026-03-19 | 29.14 |
| 2026-03-18 | 29.00 |
| 2026-03-17 | 29.50 |
| 2026-03-16 | 29.47 |
| 2026-03-13 | 28.84 |
| 2026-03-12 | 28.70 |
| 2026-03-11 | 30.18 |
| 2026-03-10 | 30.09 |
| 2026-03-09 | 30.68 |
| 2026-03-06 | 30.57 |
| 2026-03-05 | 31.10 |
| 2026-03-04 | 32.60 |
| 2026-03-03 | 31.94 |
| 2026-03-02 | 32.00 |
| 2026-02-27 | 33.00 |
| 2026-02-26 | 33.20 |
| 2026-02-25 | 33.04 |
| 2026-02-24 | 32.63 |
| 2026-02-23 | 31.31 |
| 2026-02-20 | 31.94 |
| 2026-02-19 | 32.59 |
| 2026-02-18 | 32.81 |
| 2026-02-17 | 32.36 |
| 2026-02-13 | 32.52 |
| 2026-02-12 | 31.89 |
| 2026-02-11 | 33.52 |
| 2026-02-10 | 33.41 |
| 2026-02-09 | 33.06 |
| 2026-02-06 | 33.31 |
| 2026-02-05 | 33.26 |
| 2026-02-04 | 33.22 |
| 2026-02-03 | 32.69 |
| 2026-02-02 | 33.05 |
| 2026-01-30 | 34.65 |
| 2026-01-29 | 34.97 |
| 2026-01-28 | 35.54 |
| 2026-01-27 | 35.90 |
| 2026-01-26 | 36.06 |
| 2026-01-23 | 35.86 |
| 2026-01-22 | 35.71 |
| 2026-01-21 | 35.99 |
| 2026-01-20 | 35.45 |
| 2026-01-16 | 36.97 |
| 2026-01-15 | 36.80 |
| 2026-01-14 | 36.71 |
| 2026-01-13 | 36.90 |
| 2026-01-12 | 37.45 |
| 2026-01-09 | 36.86 |
| 2026-01-08 | 36.81 |
| 2026-01-07 | 36.92 |
| 2026-01-06 | 36.53 |
| 2026-01-05 | 35.25 |
| 2026-01-02 | 34.62 |
| 2025-12-31 | 34.96 |
| 2025-12-30 | 35.26 |
| 2025-12-29 | 35.55 |
| 2025-12-26 | 35.58 |
| 2025-12-24 | 35.56 |
| 2025-12-23 | 35.26 |
| 2025-12-22 | 36.28 |
| 2025-12-19 | 36.19 |
| 2025-12-18 | 36.02 |
| 2025-12-17 | 35.95 |
| 2025-12-16 | 35.82 |
| 2025-12-15 | 36.20 |
| 2025-12-12 | 36.39 |
| 2025-12-11 | 36.56 |
| 2025-12-10 | 36.27 |
| 2025-12-09 | 36.12 |
| 2025-12-08 | 36.52 |
| 2025-12-05 | 36.90 |
| 2025-12-04 | 37.08 |
| 2025-12-03 | 37.51 |
| 2025-12-02 | 37.86 |
| 2025-12-01 | 37.67 |
| 2025-11-28 | 38.91 |
| 2025-11-26 | 39.06 |
| 2025-11-25 | 39.62 |
| 2025-11-24 | 38.87 |
| 2025-11-21 | 37.51 |
| 2025-11-20 | 35.62 |
| 2025-11-19 | 36.02 |
| 2025-11-18 | 34.63 |
| 2025-11-17 | 34.57 |
| 2025-11-14 | 35.65 |
| 2025-11-13 | 36.25 |
| 2025-11-12 | 36.87 |
| 2025-11-11 | 36.82 |
| 2025-11-10 | 36.67 |
| 2025-11-07 | 36.61 |
| 2025-11-06 | 36.88 |
| 2025-11-05 | 37.22 |
| 2025-11-04 | 37.32 |
| 2025-11-03 | 37.36 |
| 2025-10-31 | 34.95 |
| 2025-10-30 | 34.90 |
| 2025-10-29 | 34.85 |
| 2025-10-28 | 35.22 |
| 2025-10-27 | 35.94 |
| 2025-10-24 | 35.58 |
| 2025-10-23 | 35.46 |
| 2025-10-22 | 35.19 |
| 2025-10-21 | 35.37 |
| 2025-10-20 | 35.72 |
| 2025-10-17 | 35.28 |
| 2025-10-16 | 35.39 |
| 2025-10-15 | 35.49 |
| 2025-10-14 | 35.36 |
| 2025-10-13 | 35.16 |
| 2025-10-10 | 34.21 |
| 2025-10-09 | 34.91 |
| 2025-10-08 | 34.97 |
| 2025-10-07 | 34.83 |
| 2025-10-06 | 34.85 |
| 2025-10-03 | 35.04 |
| 2025-10-02 | 35.19 |
| 2025-10-01 | 34.43 |
| 2025-09-30 | 35.47 |
| 2025-09-29 | 35.01 |
| 2025-09-26 | 35.10 |
| 2025-09-25 | 34.32 |
| 2025-09-24 | 34.82 |
| 2025-09-23 | 36.00 |
| 2025-09-22 | 35.76 |
| 2025-09-19 | 36.43 |
| 2025-09-18 | 36.39 |
| 2025-09-17 | 35.58 |
| 2025-09-16 | 35.85 |
| 2025-09-15 | 35.75 |
| 2025-09-12 | 35.60 |
| 2025-09-11 | 35.82 |
| 2025-09-10 | 35.42 |
| 2025-09-09 | 36.40 |
| 2025-09-08 | 36.25 |
| 2025-09-05 | 35.70 |
| 2025-09-04 | 35.56 |
| 2025-09-03 | 35.20 |
| 2025-09-02 | 35.50 |
| 2025-08-29 | 35.93 |
| 2025-08-28 | 35.92 |
| 2025-08-27 | 35.58 |
| 2025-08-26 | 35.63 |
| 2025-08-25 | 35.61 |
Showing the most recent 260 of 4,225 data points. The chart above shows the full history.