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 10.64 is 29% above its estimated 5-year average of 8.25, around the middle of its estimated 5-year range (5.03–13.99).
As of 2026-10-06T17:22:14.164Z. 11.64% below its estimated 12-month average of 12.04.
Calculation as of: 2026-10-06T17:22:14.164Z.
Quote observation: 2026-10-06T17:20:09.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: a2615b192eb7b3c63221ad5ea08173b8616d5e3346e126019b52367b3931f2a6
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
10.64
PB RATIO AVG TTM
12.04
PB RATIO AVG 3Y
9.33
PB RATIO AVG 5Y
8.25
PB RATIO AVG 10Y
6.90
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-11.64%
CURRENT VS 3Y AVG
+14.07%
CURRENT VS 5Y AVG
+28.91%
CURRENT VS 10Y AVG
+54.27%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.39
median of 714 covered companies
CURRENT VS SECTOR MEDIAN
+345.19%
vs the sector median at left
Market Cap
$1.09B
PB Ratio
2.32
TTM Avg
2.68
3Y Avg
2.12
5Y Avg
2.12
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IRadimed Corporation (IRMD) | $1.08B | 10.64 | 12.04 | 9.33 | 8.25 |
| Bicara Therapeutics Inc. Common Stock (BCAX)vs › | $1.09B | 2.32 | 2.68 | 2.12 | 2.12 |
| Replimune Group, Inc. (REPL)vs › | $1.09B | 10.30 | 4.68 | 2.66 | 2.59 |
| STAAR Surgical Company (STAA)vs › | $1.11B | 3.04 | 3.45 | 3.71 | 7.12 |
| Teladoc Health, Inc. (TDOC)vs › | $1.05B | 0.80 | 0.89 | 0.99 | 1.02 |
| Tandem Diabetes Care, Inc. (TNDM)vs › | $1.12B | 8.60 | 9.42 | 8.40 | 9.33 |
| OPKO Health, Inc. (OPK)vs › | $1.11B | 0.94 | 0.82 | 0.76 | 0.85 |
| Avalyn Pharma Inc. Common Stock (AVLN)vs › | $1.12B | 2.82 | N/A | N/A | N/A |
| Castle Biosciences, Inc. (CSTL)vs › | $1.04B | 2.21 | 1.87 | 1.64 | 1.71 |
| Harrow Health, Inc. (HROW)vs › | $1.13B | 74.09 | 45.91 | 26.58 | 47.52 |
At 10.64, P/B is above its estimated 12-year median — higher than 87% of readings in its estimated 12-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 12-year low
2.72
median
7.30
estimated 12-year high
16.11
P/B Ratio
10.64
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 | 10.94 |
| 2026-10-02 | 10.80 |
| 2026-10-01 | 10.79 |
| 2026-09-30 | 10.91 |
| 2026-09-29 | 10.94 |
| 2026-09-28 | 10.96 |
| 2026-09-25 | 10.85 |
| 2026-09-24 | 10.78 |
| 2026-09-23 | 10.92 |
| 2026-09-22 | 10.94 |
| 2026-09-21 | 10.43 |
| 2026-09-18 | 10.39 |
| 2026-09-17 | 10.47 |
| 2026-09-16 | 10.45 |
| 2026-09-15 | 10.43 |
| 2026-09-14 | 10.44 |
| 2026-09-11 | 10.40 |
| 2026-09-10 | 10.36 |
| 2026-09-09 | 10.57 |
| 2026-09-08 | 10.68 |
| 2026-09-04 | 10.56 |
| 2026-09-03 | 10.95 |
| 2026-09-02 | 10.90 |
| 2026-09-01 | 10.93 |
| 2026-08-31 | 10.93 |
| 2026-08-28 | 11.02 |
| 2026-08-27 | 11.01 |
| 2026-08-26 | 11.07 |
| 2026-08-25 | 11.12 |
| 2026-08-24 | 11.03 |
| 2026-08-21 | 11.11 |
| 2026-08-20 | 10.97 |
| 2026-08-19 | 11.06 |
| 2026-08-18 | 11.08 |
| 2026-08-17 | 11.14 |
| 2026-08-14 | 11.00 |
| 2026-08-13 | 11.03 |
| 2026-08-12 | 11.06 |
| 2026-08-11 | 11.25 |
| 2026-08-10 | 11.42 |
| 2026-08-07 | 11.70 |
| 2026-08-06 | 11.54 |
| 2026-08-05 | 11.62 |
| 2026-08-04 | 11.78 |
| 2026-08-03 | 11.58 |
| 2026-07-31 | 11.87 |
| 2026-07-30 | 12.44 |
| 2026-07-29 | 12.31 |
| 2026-07-28 | 12.39 |
| 2026-07-27 | 12.42 |
| 2026-07-24 | 12.34 |
| 2026-07-23 | 12.26 |
| 2026-07-22 | 12.29 |
| 2026-07-21 | 12.41 |
| 2026-07-20 | 12.68 |
| 2026-07-17 | 12.68 |
| 2026-07-16 | 12.77 |
| 2026-07-15 | 12.23 |
| 2026-07-14 | 11.98 |
| 2026-07-13 | 12.76 |
| 2026-07-10 | 12.70 |
| 2026-07-09 | 12.81 |
| 2026-07-08 | 12.58 |
| 2026-07-07 | 13.10 |
| 2026-07-06 | 13.36 |
| 2026-07-02 | 13.19 |
| 2026-07-01 | 12.81 |
| 2026-06-30 | 12.48 |
| 2026-06-29 | 12.29 |
| 2026-06-26 | 12.28 |
| 2026-06-25 | 12.26 |
| 2026-06-24 | 12.37 |
| 2026-06-23 | 12.07 |
| 2026-06-22 | 11.98 |
| 2026-06-18 | 12.05 |
| 2026-06-17 | 11.90 |
| 2026-06-16 | 12.00 |
| 2026-06-15 | 11.86 |
| 2026-06-12 | 12.23 |
| 2026-06-11 | 12.58 |
| 2026-06-10 | 12.54 |
| 2026-06-09 | 12.60 |
| 2026-06-08 | 12.33 |
| 2026-06-05 | 12.16 |
| 2026-06-04 | 12.22 |
| 2026-06-03 | 11.90 |
| 2026-06-02 | 11.74 |
| 2026-06-01 | 12.03 |
| 2026-05-29 | 11.84 |
| 2026-05-28 | 12.04 |
| 2026-05-27 | 12.00 |
| 2026-05-26 | 12.14 |
| 2026-05-22 | 12.03 |
| 2026-05-21 | 12.17 |
| 2026-05-20 | 11.81 |
| 2026-05-19 | 11.41 |
| 2026-05-18 | 11.56 |
| 2026-05-15 | 11.29 |
| 2026-05-14 | 11.35 |
| 2026-05-13 | 11.14 |
| 2026-05-12 | 11.07 |
| 2026-05-11 | 11.02 |
| 2026-05-08 | 11.27 |
| 2026-05-07 | 11.33 |
| 2026-05-06 | 11.27 |
| 2026-05-05 | 11.22 |
| 2026-05-04 | 11.09 |
| 2026-05-01 | 11.86 |
| 2026-04-30 | 11.35 |
| 2026-04-29 | 11.39 |
| 2026-04-28 | 11.50 |
| 2026-04-27 | 12.12 |
| 2026-04-24 | 12.07 |
| 2026-04-23 | 12.08 |
| 2026-04-22 | 12.27 |
| 2026-04-21 | 12.14 |
| 2026-04-20 | 12.65 |
| 2026-04-17 | 12.75 |
| 2026-04-16 | 12.50 |
| 2026-04-15 | 12.66 |
| 2026-04-14 | 12.73 |
| 2026-04-13 | 12.73 |
| 2026-04-10 | 12.71 |
| 2026-04-09 | 13.00 |
| 2026-04-08 | 13.24 |
| 2026-04-07 | 12.72 |
| 2026-04-06 | 13.02 |
| 2026-04-02 | 13.09 |
| 2026-04-01 | 13.14 |
| 2026-03-31 | 13.10 |
| 2026-03-30 | 12.92 |
| 2026-03-27 | 13.25 |
| 2026-03-26 | 13.44 |
| 2026-03-25 | 13.85 |
| 2026-03-24 | 13.74 |
| 2026-03-23 | 13.50 |
| 2026-03-20 | 13.54 |
| 2026-03-19 | 13.59 |
| 2026-03-18 | 13.56 |
| 2026-03-17 | 13.99 |
| 2026-03-16 | 13.84 |
| 2026-03-13 | 13.57 |
| 2026-03-12 | 13.52 |
| 2026-03-11 | 13.72 |
| 2026-03-10 | 13.46 |
| 2026-03-09 | 13.63 |
| 2026-03-06 | 12.91 |
| 2026-03-05 | 13.09 |
| 2026-03-04 | 13.74 |
| 2026-03-03 | 13.64 |
| 2026-03-02 | 13.56 |
| 2026-02-27 | 13.54 |
| 2026-02-26 | 13.39 |
| 2026-02-25 | 13.14 |
| 2026-02-24 | 12.96 |
| 2026-02-23 | 13.21 |
| 2026-02-20 | 13.54 |
| 2026-02-19 | 13.19 |
| 2026-02-18 | 13.26 |
| 2026-02-17 | 13.16 |
| 2026-02-13 | 13.05 |
| 2026-02-12 | 13.05 |
| 2026-02-11 | 13.48 |
| 2026-02-10 | 13.75 |
| 2026-02-09 | 12.55 |
| 2026-02-06 | 12.55 |
| 2026-02-05 | 12.36 |
| 2026-02-04 | 12.27 |
| 2026-02-03 | 12.81 |
| 2026-02-02 | 12.94 |
| 2026-01-30 | 12.80 |
| 2026-01-29 | 12.97 |
| 2026-01-28 | 12.80 |
| 2026-01-27 | 13.05 |
| 2026-01-26 | 13.09 |
| 2026-01-23 | 13.19 |
| 2026-01-22 | 13.58 |
| 2026-01-21 | 13.50 |
| 2026-01-20 | 13.47 |
| 2026-01-16 | 13.34 |
| 2026-01-15 | 13.41 |
| 2026-01-14 | 13.28 |
| 2026-01-13 | 12.98 |
| 2026-01-12 | 12.80 |
| 2026-01-09 | 12.94 |
| 2026-01-08 | 13.08 |
| 2026-01-07 | 12.86 |
| 2026-01-06 | 12.82 |
| 2026-01-05 | 12.85 |
| 2026-01-02 | 12.49 |
| 2025-12-31 | 12.72 |
| 2025-12-30 | 12.78 |
| 2025-12-29 | 12.78 |
| 2025-12-26 | 12.74 |
| 2025-12-24 | 12.69 |
| 2025-12-23 | 12.63 |
| 2025-12-22 | 12.70 |
| 2025-12-19 | 12.71 |
| 2025-12-18 | 12.60 |
| 2025-12-17 | 12.29 |
| 2025-12-16 | 12.67 |
| 2025-12-15 | 12.69 |
| 2025-12-12 | 12.58 |
| 2025-12-11 | 12.73 |
| 2025-12-10 | 12.71 |
| 2025-12-09 | 12.65 |
| 2025-12-08 | 12.48 |
| 2025-12-05 | 12.37 |
| 2025-12-04 | 12.28 |
| 2025-12-03 | 12.18 |
| 2025-12-02 | 12.04 |
| 2025-12-01 | 12.07 |
| 2025-11-28 | 12.19 |
| 2025-11-26 | 12.14 |
| 2025-11-25 | 12.06 |
| 2025-11-24 | 11.81 |
| 2025-11-21 | 11.71 |
| 2025-11-20 | 11.44 |
| 2025-11-19 | 11.32 |
| 2025-11-18 | 11.27 |
| 2025-11-17 | 11.17 |
| 2025-11-14 | 11.03 |
| 2025-11-13 | 11.05 |
| 2025-11-12 | 11.30 |
| 2025-11-11 | 11.07 |
| 2025-11-10 | 11.25 |
| 2025-11-07 | 11.03 |
| 2025-11-06 | 11.06 |
| 2025-11-05 | 11.11 |
| 2025-11-04 | 11.34 |
| 2025-11-03 | 11.44 |
| 2025-10-31 | 10.45 |
| 2025-10-30 | 10.40 |
| 2025-10-29 | 10.65 |
| 2025-10-28 | 10.86 |
| 2025-10-27 | 10.58 |
| 2025-10-24 | 10.68 |
| 2025-10-23 | 10.61 |
| 2025-10-22 | 10.56 |
| 2025-10-21 | 10.27 |
| 2025-10-20 | 10.16 |
| 2025-10-17 | 9.99 |
| 2025-10-16 | 10.35 |
| 2025-10-15 | 9.95 |
| 2025-10-14 | 9.96 |
| 2025-10-13 | 9.85 |
| 2025-10-10 | 9.75 |
| 2025-10-09 | 10.26 |
| 2025-10-08 | 10.46 |
| 2025-10-07 | 10.12 |
| 2025-10-06 | 9.76 |
| 2025-10-03 | 9.69 |
| 2025-10-02 | 9.67 |
| 2025-10-01 | 9.58 |
| 2025-09-30 | 9.68 |
| 2025-09-29 | 9.53 |
| 2025-09-26 | 9.56 |
| 2025-09-25 | 9.33 |
| 2025-09-24 | 9.56 |
| 2025-09-23 | 9.74 |
Showing the most recent 260 of 3,052 data points. The chart above shows the full history.