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 2.97 is 13% above its estimated 5-year average of 2.63, around the middle of its estimated 5-year range (1.06–5.57).
As of 2026-10-06T13:42:57.894Z. 5.78% above its estimated 12-month average of 2.81.
Calculation as of: 2026-10-06T13:42:57.894Z.
Quote observation: 2026-10-06T13:40:20.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d6f46135b6530101ad9b4588db83b8c95ba7a1cad5aa1084b13b7f0580fbae0b
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
2.97
PB RATIO AVG TTM
2.81
PB RATIO AVG 3Y
2.91
PB RATIO AVG 5Y
2.63
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+5.78%
CURRENT VS 3Y AVG
+1.99%
CURRENT VS 5Y AVG
+12.94%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.54
median of 468 covered companies
CURRENT VS SECTOR MEDIAN
+16.93%
vs the sector median at left
Market Cap
$3.64B
PB Ratio
19.57
TTM Avg
32.44
3Y Avg
31.98
5Y Avg
24.76
Market Cap
$3.12B
PB Ratio
14.16
TTM Avg
18.80
3Y Avg
12.12
5Y Avg
8.82
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IDEAYA Biosciences, Inc. (IDYA) | $3.56B | 2.97 | 2.81 | 2.91 | 2.63 |
| Celcuity Inc. (CELC)vs › | $3.54B | N/A | 63.22 | 23.87 | 15.64 |
| iRhythm Technologies, Inc. (IRTC)vs › | $3.64B | 19.57 | 32.44 | 31.98 | 24.76 |
| Acadia Pharmaceuticals Inc. (ACAD)vs › | $3.43B | 2.62 | 3.81 | 5.55 | 6.29 |
| CareDx, Inc (CDNA)vs › | $3.70B | 8.70 | 4.07 | 3.37 | 3.09 |
| Enliven Therapeutics, Inc. (ELVN)vs › | $3.19B | 3.56 | 4.23 | 3.46 | 2.83 |
| Arcutis Biotherapeutics, Inc. (ARQT)vs › | $3.12B | 14.16 | 18.80 | 12.12 | 8.82 |
| Denali Therapeutics Inc. (DNLI)vs › | $3.11B | 3.72 | 3.91 | 2.97 | 3.44 |
| Amylyx Pharmaceuticals, Inc. (AMLX)vs › | $3.08B | 12.89 | 6.82 | 3.56 | 4.94 |
| ICU Medical, Inc. (ICUI)vs › | $4.04B | 1.88 | 1.69 | 1.59 | 1.85 |
At 2.97, P/B is above its estimated 7-year median — higher than 71% of readings in its estimated 7-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 7-year low
0.55
median
2.51
estimated 7-year high
5.57
P/B Ratio
2.97
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 | 2.92 |
| 2026-10-02 | 2.87 |
| 2026-10-01 | 2.90 |
| 2026-09-30 | 2.95 |
| 2026-09-29 | 2.91 |
| 2026-09-28 | 2.93 |
| 2026-09-25 | 2.82 |
| 2026-09-24 | 2.82 |
| 2026-09-23 | 2.88 |
| 2026-09-22 | 3.05 |
| 2026-09-21 | 2.98 |
| 2026-09-18 | 2.95 |
| 2026-09-17 | 2.96 |
| 2026-09-16 | 2.90 |
| 2026-09-15 | 2.89 |
| 2026-09-14 | 2.92 |
| 2026-09-11 | 2.89 |
| 2026-09-10 | 2.88 |
| 2026-09-09 | 2.94 |
| 2026-09-08 | 2.98 |
| 2026-09-04 | 3.06 |
| 2026-09-03 | 3.07 |
| 2026-09-02 | 3.08 |
| 2026-09-01 | 3.07 |
| 2026-08-31 | 3.08 |
| 2026-08-28 | 3.08 |
| 2026-08-27 | 3.21 |
| 2026-08-26 | 3.19 |
| 2026-08-25 | 3.26 |
| 2026-08-24 | 3.07 |
| 2026-08-21 | 3.05 |
| 2026-08-20 | 3.00 |
| 2026-08-19 | 2.98 |
| 2026-08-18 | 2.91 |
| 2026-08-17 | 2.81 |
| 2026-08-14 | 2.79 |
| 2026-08-13 | 2.82 |
| 2026-08-12 | 2.84 |
| 2026-08-11 | 2.83 |
| 2026-08-10 | 2.82 |
| 2026-08-07 | 2.84 |
| 2026-08-06 | 2.78 |
| 2026-08-05 | 2.77 |
| 2026-08-04 | 3.42 |
| 2026-08-03 | 3.35 |
| 2026-07-31 | 3.36 |
| 2026-07-30 | 3.44 |
| 2026-07-29 | 3.37 |
| 2026-07-28 | 3.42 |
| 2026-07-27 | 3.48 |
| 2026-07-24 | 3.35 |
| 2026-07-23 | 3.43 |
| 2026-07-22 | 3.31 |
| 2026-07-21 | 3.41 |
| 2026-07-20 | 3.35 |
| 2026-07-17 | 3.41 |
| 2026-07-16 | 3.40 |
| 2026-07-15 | 3.48 |
| 2026-07-14 | 3.47 |
| 2026-07-13 | 3.42 |
| 2026-07-10 | 3.50 |
| 2026-07-09 | 3.53 |
| 2026-07-08 | 3.59 |
| 2026-07-07 | 3.83 |
| 2026-07-06 | 3.73 |
| 2026-07-02 | 3.56 |
| 2026-07-01 | 3.42 |
| 2026-06-30 | 3.53 |
| 2026-06-29 | 3.46 |
| 2026-06-26 | 3.48 |
| 2026-06-25 | 3.43 |
| 2026-06-24 | 3.43 |
| 2026-06-23 | 3.30 |
| 2026-06-22 | 3.24 |
| 2026-06-18 | 2.96 |
| 2026-06-17 | 2.96 |
| 2026-06-16 | 2.89 |
| 2026-06-15 | 2.86 |
| 2026-06-12 | 2.74 |
| 2026-06-11 | 2.73 |
| 2026-06-10 | 2.61 |
| 2026-06-09 | 2.66 |
| 2026-06-08 | 2.98 |
| 2026-06-05 | 2.68 |
| 2026-06-04 | 2.77 |
| 2026-06-03 | 2.69 |
| 2026-06-02 | 2.64 |
| 2026-06-01 | 2.74 |
| 2026-05-29 | 2.79 |
| 2026-05-28 | 2.78 |
| 2026-05-27 | 2.77 |
| 2026-05-26 | 2.78 |
| 2026-05-22 | 2.75 |
| 2026-05-21 | 2.80 |
| 2026-05-20 | 2.81 |
| 2026-05-19 | 2.68 |
| 2026-05-18 | 2.68 |
| 2026-05-15 | 2.67 |
| 2026-05-14 | 2.73 |
| 2026-05-13 | 2.73 |
| 2026-05-12 | 2.66 |
| 2026-05-11 | 2.66 |
| 2026-05-08 | 2.68 |
| 2026-05-07 | 2.67 |
| 2026-05-06 | 2.72 |
| 2026-05-05 | 2.49 |
| 2026-05-04 | 2.50 |
| 2026-05-01 | 2.44 |
| 2026-04-30 | 2.52 |
| 2026-04-29 | 2.43 |
| 2026-04-28 | 2.51 |
| 2026-04-27 | 2.55 |
| 2026-04-24 | 2.66 |
| 2026-04-23 | 2.66 |
| 2026-04-22 | 2.74 |
| 2026-04-21 | 2.76 |
| 2026-04-20 | 2.91 |
| 2026-04-17 | 2.94 |
| 2026-04-16 | 2.82 |
| 2026-04-15 | 2.79 |
| 2026-04-14 | 2.80 |
| 2026-04-13 | 2.84 |
| 2026-04-10 | 2.64 |
| 2026-04-09 | 2.68 |
| 2026-04-08 | 2.68 |
| 2026-04-07 | 2.68 |
| 2026-04-06 | 2.80 |
| 2026-04-02 | 2.84 |
| 2026-04-01 | 2.81 |
| 2026-03-31 | 2.89 |
| 2026-03-30 | 2.72 |
| 2026-03-27 | 2.64 |
| 2026-03-26 | 2.78 |
| 2026-03-25 | 2.72 |
| 2026-03-24 | 2.64 |
| 2026-03-23 | 2.74 |
| 2026-03-20 | 2.84 |
| 2026-03-19 | 2.82 |
| 2026-03-18 | 2.88 |
| 2026-03-17 | 2.97 |
| 2026-03-16 | 3.01 |
| 2026-03-13 | 2.87 |
| 2026-03-12 | 2.84 |
| 2026-03-11 | 2.95 |
| 2026-03-10 | 3.01 |
| 2026-03-09 | 3.04 |
| 2026-03-06 | 2.87 |
| 2026-03-05 | 2.86 |
| 2026-03-04 | 3.00 |
| 2026-03-03 | 2.97 |
| 2026-03-02 | 2.86 |
| 2026-02-27 | 2.79 |
| 2026-02-26 | 2.76 |
| 2026-02-25 | 2.74 |
| 2026-02-24 | 2.78 |
| 2026-02-23 | 2.78 |
| 2026-02-20 | 2.77 |
| 2026-02-19 | 2.85 |
| 2026-02-18 | 2.68 |
| 2026-02-17 | 2.53 |
| 2026-02-13 | 2.49 |
| 2026-02-12 | 2.59 |
| 2026-02-11 | 2.62 |
| 2026-02-10 | 2.73 |
| 2026-02-09 | 2.66 |
| 2026-02-06 | 2.64 |
| 2026-02-05 | 2.61 |
| 2026-02-04 | 2.73 |
| 2026-02-03 | 2.81 |
| 2026-02-02 | 2.80 |
| 2026-01-30 | 2.64 |
| 2026-01-29 | 2.71 |
| 2026-01-28 | 2.76 |
| 2026-01-27 | 2.85 |
| 2026-01-26 | 2.83 |
| 2026-01-23 | 2.86 |
| 2026-01-22 | 2.97 |
| 2026-01-21 | 2.96 |
| 2026-01-20 | 2.94 |
| 2026-01-16 | 2.94 |
| 2026-01-15 | 2.96 |
| 2026-01-14 | 3.04 |
| 2026-01-13 | 2.88 |
| 2026-01-12 | 3.03 |
| 2026-01-09 | 3.07 |
| 2026-01-08 | 2.99 |
| 2026-01-07 | 3.11 |
| 2026-01-06 | 2.98 |
| 2026-01-05 | 2.87 |
| 2026-01-02 | 2.78 |
| 2025-12-31 | 2.84 |
| 2025-12-30 | 2.83 |
| 2025-12-29 | 2.86 |
| 2025-12-26 | 2.89 |
| 2025-12-24 | 2.93 |
| 2025-12-23 | 2.91 |
| 2025-12-22 | 2.92 |
| 2025-12-19 | 2.76 |
| 2025-12-18 | 2.73 |
| 2025-12-17 | 2.77 |
| 2025-12-16 | 2.78 |
| 2025-12-15 | 2.74 |
| 2025-12-12 | 2.79 |
| 2025-12-11 | 2.76 |
| 2025-12-10 | 2.76 |
| 2025-12-09 | 2.80 |
| 2025-12-08 | 2.90 |
| 2025-12-05 | 2.95 |
| 2025-12-04 | 2.96 |
| 2025-12-03 | 2.82 |
| 2025-12-02 | 2.77 |
| 2025-12-01 | 2.82 |
| 2025-11-28 | 2.93 |
| 2025-11-26 | 2.95 |
| 2025-11-25 | 2.91 |
| 2025-11-24 | 2.85 |
| 2025-11-21 | 2.79 |
| 2025-11-20 | 2.72 |
| 2025-11-19 | 2.72 |
| 2025-11-18 | 2.77 |
| 2025-11-17 | 2.74 |
| 2025-11-14 | 2.64 |
| 2025-11-13 | 2.61 |
| 2025-11-12 | 2.62 |
| 2025-11-11 | 2.63 |
| 2025-11-10 | 2.54 |
| 2025-11-07 | 2.48 |
| 2025-11-06 | 2.45 |
| 2025-11-05 | 2.44 |
| 2025-11-04 | 2.81 |
| 2025-11-03 | 2.89 |
| 2025-10-31 | 2.94 |
| 2025-10-30 | 2.91 |
| 2025-10-29 | 2.97 |
| 2025-10-28 | 3.06 |
| 2025-10-27 | 2.98 |
| 2025-10-24 | 2.69 |
| 2025-10-23 | 2.62 |
| 2025-10-22 | 2.64 |
| 2025-10-21 | 2.69 |
| 2025-10-20 | 2.81 |
| 2025-10-17 | 2.70 |
| 2025-10-16 | 2.55 |
| 2025-10-15 | 2.62 |
| 2025-10-14 | 2.50 |
| 2025-10-13 | 2.47 |
| 2025-10-10 | 2.42 |
| 2025-10-09 | 2.47 |
| 2025-10-08 | 2.47 |
| 2025-10-07 | 2.48 |
| 2025-10-06 | 2.53 |
| 2025-10-03 | 2.55 |
| 2025-10-02 | 2.51 |
| 2025-10-01 | 2.52 |
| 2025-09-30 | 2.51 |
| 2025-09-29 | 2.51 |
| 2025-09-26 | 2.47 |
| 2025-09-25 | 2.37 |
| 2025-09-24 | 2.37 |
| 2025-09-23 | 2.39 |
Showing the most recent 260 of 1,796 data points. The chart above shows the full history.