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 18.94 is 24% below its estimated 5-year average of 24.76, near the low end of its estimated 5-year range (5.68–57.73).
As of 2026-10-06T21:27:08.445Z. 41.61% below its estimated 12-month average of 32.44.
Calculation as of: 2026-10-06T21:27:08.445Z.
Quote observation: 2026-10-06T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: b6dd554127bde3e2857ddd2c1d40451f36e78030673a0e1a1dc90bdbe20c6bc6
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
18.94
PB RATIO AVG TTM
32.44
PB RATIO AVG 3Y
31.98
PB RATIO AVG 5Y
24.76
PB RATIO AVG 10Y
23.76
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-41.61%
CURRENT VS 3Y AVG
-40.78%
CURRENT VS 5Y AVG
-23.51%
CURRENT VS 10Y AVG
-20.28%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.39
median of 761 covered companies
CURRENT VS SECTOR MEDIAN
+692.47%
vs the sector median at left
iRhythm Technologies, Inc.
Market Cap
$3.52B
PB Ratio
18.94
TTM Avg
32.44
3Y Avg
31.98
5Y Avg
24.76
Market Cap
$3.64B
PB Ratio
2986.54
TTM Avg
3142.92
3Y Avg
1223.50
5Y Avg
778.65
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| iRhythm Technologies, Inc. (IRTC) | $3.52B | 18.94 | 32.44 | 31.98 | 24.76 |
| Xenon Pharmaceuticals Inc. (XENE)vs › | $3.54B | 2.85 | 5.42 | 4.34 | 4.03 |
| Veracyte, Inc. (VCYT)vs › | $3.56B | 2.57 | 2.60 | 2.17 | 2.01 |
| IDEAYA Biosciences, Inc. (IDYA)vs › | $3.48B | 2.91 | 2.88 | 2.93 | 2.66 |
| Tango Therapeutics, Inc. (TNGX)vs › | $3.57B | 3.48 | 7.30 | 4.47 | 3.44 |
| Celcuity Inc. (CELC)vs › | $3.47B | N/A | 63.22 | 23.87 | 15.64 |
| Pulse Biosciences, Inc. (PLSE)vs › | $3.44B | 34.60 | 20.51 | 16.51 | 13.32 |
| Regencell Bioscience Holdings Limited (RGC)vs › | $3.64B | 2986.54 | 3142.92 | 1223.50 | 778.65 |
| Acadia Pharmaceuticals Inc. (ACAD)vs › | $3.38B | 2.59 | 3.81 | 5.55 | 6.29 |
| Parabilis Medicines, Inc. (PBLS)vs › | $3.36B | 3.21 | N/A | N/A | N/A |
At 18.94, P/B is near its estimated 10-year median — higher than 50% 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
4.01
median
19.19
estimated 10-year high
59.79
P/B Ratio
18.94
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 | 19.29 |
| 2026-10-02 | 19.52 |
| 2026-10-01 | 19.64 |
| 2026-09-30 | 20.10 |
| 2026-09-29 | 20.20 |
| 2026-09-28 | 19.92 |
| 2026-09-25 | 19.52 |
| 2026-09-24 | 19.60 |
| 2026-09-23 | 19.77 |
| 2026-09-22 | 19.55 |
| 2026-09-21 | 19.52 |
| 2026-09-18 | 19.34 |
| 2026-09-17 | 19.77 |
| 2026-09-16 | 19.78 |
| 2026-09-15 | 19.79 |
| 2026-09-14 | 20.29 |
| 2026-09-11 | 19.71 |
| 2026-09-10 | 19.97 |
| 2026-09-09 | 21.15 |
| 2026-09-08 | 21.62 |
| 2026-09-04 | 21.77 |
| 2026-09-03 | 21.83 |
| 2026-09-02 | 21.66 |
| 2026-09-01 | 21.64 |
| 2026-08-31 | 21.04 |
| 2026-08-28 | 21.27 |
| 2026-08-27 | 20.58 |
| 2026-08-26 | 21.07 |
| 2026-08-25 | 21.77 |
| 2026-08-24 | 22.15 |
| 2026-08-21 | 22.73 |
| 2026-08-20 | 22.64 |
| 2026-08-19 | 22.06 |
| 2026-08-18 | 20.38 |
| 2026-08-17 | 20.68 |
| 2026-08-14 | 22.36 |
| 2026-08-13 | 21.78 |
| 2026-08-12 | 22.17 |
| 2026-08-11 | 21.56 |
| 2026-08-10 | 22.07 |
| 2026-08-07 | 22.61 |
| 2026-08-06 | 25.83 |
| 2026-08-05 | 25.10 |
| 2026-08-04 | 25.63 |
| 2026-08-03 | 25.14 |
| 2026-07-31 | 23.63 |
| 2026-07-30 | 24.01 |
| 2026-07-29 | 24.69 |
| 2026-07-28 | 23.67 |
| 2026-07-27 | 22.61 |
| 2026-07-24 | 22.02 |
| 2026-07-23 | 21.71 |
| 2026-07-22 | 21.39 |
| 2026-07-21 | 21.98 |
| 2026-07-20 | 22.46 |
| 2026-07-17 | 22.36 |
| 2026-07-16 | 23.26 |
| 2026-07-15 | 22.84 |
| 2026-07-14 | 22.70 |
| 2026-07-13 | 23.93 |
| 2026-07-10 | 23.42 |
| 2026-07-09 | 23.78 |
| 2026-07-08 | 25.27 |
| 2026-07-07 | 25.22 |
| 2026-07-06 | 25.41 |
| 2026-07-02 | 25.50 |
| 2026-07-01 | 25.11 |
| 2026-06-30 | 23.99 |
| 2026-06-29 | 23.88 |
| 2026-06-26 | 23.97 |
| 2026-06-25 | 23.39 |
| 2026-06-24 | 22.68 |
| 2026-06-23 | 22.21 |
| 2026-06-22 | 21.11 |
| 2026-06-18 | 21.10 |
| 2026-06-17 | 20.53 |
| 2026-06-16 | 21.95 |
| 2026-06-15 | 22.94 |
| 2026-06-12 | 22.92 |
| 2026-06-11 | 22.72 |
| 2026-06-10 | 22.98 |
| 2026-06-09 | 22.95 |
| 2026-06-08 | 21.62 |
| 2026-06-05 | 21.80 |
| 2026-06-04 | 21.65 |
| 2026-06-03 | 21.08 |
| 2026-06-02 | 21.27 |
| 2026-06-01 | 22.01 |
| 2026-05-29 | 22.97 |
| 2026-05-28 | 23.31 |
| 2026-05-27 | 22.46 |
| 2026-05-26 | 23.08 |
| 2026-05-22 | 23.50 |
| 2026-05-21 | 23.77 |
| 2026-05-20 | 23.59 |
| 2026-05-19 | 22.96 |
| 2026-05-18 | 22.37 |
| 2026-05-15 | 22.99 |
| 2026-05-14 | 23.02 |
| 2026-05-13 | 23.12 |
| 2026-05-12 | 23.86 |
| 2026-05-11 | 23.56 |
| 2026-05-08 | 24.33 |
| 2026-05-07 | 25.18 |
| 2026-05-06 | 23.73 |
| 2026-05-05 | 23.82 |
| 2026-05-04 | 24.03 |
| 2026-05-01 | 24.36 |
| 2026-04-30 | 28.19 |
| 2026-04-29 | 26.35 |
| 2026-04-28 | 27.37 |
| 2026-04-27 | 27.49 |
| 2026-04-24 | 26.70 |
| 2026-04-23 | 26.50 |
| 2026-04-22 | 26.61 |
| 2026-04-21 | 25.94 |
| 2026-04-20 | 27.26 |
| 2026-04-17 | 27.35 |
| 2026-04-16 | 26.76 |
| 2026-04-15 | 27.15 |
| 2026-04-14 | 26.89 |
| 2026-04-13 | 26.28 |
| 2026-04-10 | 25.15 |
| 2026-04-09 | 25.78 |
| 2026-04-08 | 26.29 |
| 2026-04-07 | 25.89 |
| 2026-04-06 | 25.58 |
| 2026-04-02 | 25.49 |
| 2026-04-01 | 25.80 |
| 2026-03-31 | 25.75 |
| 2026-03-30 | 24.92 |
| 2026-03-27 | 25.77 |
| 2026-03-26 | 26.80 |
| 2026-03-25 | 26.58 |
| 2026-03-24 | 25.90 |
| 2026-03-23 | 25.78 |
| 2026-03-20 | 25.37 |
| 2026-03-19 | 25.70 |
| 2026-03-18 | 25.60 |
| 2026-03-17 | 25.65 |
| 2026-03-16 | 24.83 |
| 2026-03-13 | 24.66 |
| 2026-03-12 | 25.02 |
| 2026-03-11 | 26.11 |
| 2026-03-10 | 26.30 |
| 2026-03-09 | 27.00 |
| 2026-03-06 | 26.97 |
| 2026-03-05 | 27.70 |
| 2026-03-04 | 27.92 |
| 2026-03-03 | 27.46 |
| 2026-03-02 | 28.03 |
| 2026-02-27 | 29.19 |
| 2026-02-26 | 30.59 |
| 2026-02-25 | 29.66 |
| 2026-02-24 | 29.92 |
| 2026-02-23 | 30.82 |
| 2026-02-20 | 32.94 |
| 2026-02-19 | 41.93 |
| 2026-02-18 | 40.60 |
| 2026-02-17 | 39.14 |
| 2026-02-13 | 38.06 |
| 2026-02-12 | 39.17 |
| 2026-02-11 | 40.14 |
| 2026-02-10 | 40.17 |
| 2026-02-09 | 39.19 |
| 2026-02-06 | 38.66 |
| 2026-02-05 | 38.73 |
| 2026-02-04 | 40.24 |
| 2026-02-03 | 42.57 |
| 2026-02-02 | 41.10 |
| 2026-01-30 | 40.78 |
| 2026-01-29 | 39.32 |
| 2026-01-28 | 40.08 |
| 2026-01-27 | 41.32 |
| 2026-01-26 | 42.65 |
| 2026-01-23 | 42.32 |
| 2026-01-22 | 43.49 |
| 2026-01-21 | 43.19 |
| 2026-01-20 | 43.71 |
| 2026-01-16 | 44.12 |
| 2026-01-15 | 45.40 |
| 2026-01-14 | 43.08 |
| 2026-01-13 | 41.02 |
| 2026-01-12 | 44.60 |
| 2026-01-09 | 47.36 |
| 2026-01-08 | 49.95 |
| 2026-01-07 | 49.46 |
| 2026-01-06 | 48.82 |
| 2026-01-05 | 48.66 |
| 2026-01-02 | 46.24 |
| 2025-12-31 | 46.83 |
| 2025-12-30 | 47.13 |
| 2025-12-29 | 47.14 |
| 2025-12-26 | 46.61 |
| 2025-12-24 | 46.40 |
| 2025-12-23 | 47.10 |
| 2025-12-22 | 47.41 |
| 2025-12-19 | 45.97 |
| 2025-12-18 | 44.47 |
| 2025-12-17 | 44.17 |
| 2025-12-16 | 44.31 |
| 2025-12-15 | 44.60 |
| 2025-12-12 | 44.56 |
| 2025-12-11 | 44.63 |
| 2025-12-10 | 45.49 |
| 2025-12-09 | 45.82 |
| 2025-12-08 | 45.75 |
| 2025-12-05 | 47.08 |
| 2025-12-04 | 47.86 |
| 2025-12-03 | 48.31 |
| 2025-12-02 | 48.00 |
| 2025-12-01 | 48.23 |
| 2025-11-28 | 49.62 |
| 2025-11-26 | 49.26 |
| 2025-11-25 | 49.70 |
| 2025-11-24 | 48.35 |
| 2025-11-21 | 46.93 |
| 2025-11-20 | 44.79 |
| 2025-11-19 | 44.12 |
| 2025-11-18 | 44.78 |
| 2025-11-17 | 44.21 |
| 2025-11-14 | 45.08 |
| 2025-11-13 | 44.47 |
| 2025-11-12 | 47.27 |
| 2025-11-11 | 46.53 |
| 2025-11-10 | 46.53 |
| 2025-11-07 | 46.08 |
| 2025-11-06 | 46.82 |
| 2025-11-05 | 47.63 |
| 2025-11-04 | 47.80 |
| 2025-11-03 | 48.83 |
| 2025-10-31 | 49.43 |
| 2025-10-30 | 56.82 |
| 2025-10-29 | 57.18 |
| 2025-10-28 | 56.37 |
| 2025-10-27 | 56.39 |
| 2025-10-24 | 55.74 |
| 2025-10-23 | 56.25 |
| 2025-10-22 | 54.58 |
| 2025-10-21 | 54.99 |
| 2025-10-20 | 56.24 |
| 2025-10-17 | 56.10 |
| 2025-10-16 | 55.86 |
| 2025-10-15 | 54.21 |
| 2025-10-14 | 54.57 |
| 2025-10-13 | 54.74 |
| 2025-10-10 | 54.38 |
| 2025-10-09 | 54.49 |
| 2025-10-08 | 55.24 |
| 2025-10-07 | 54.81 |
| 2025-10-06 | 54.24 |
| 2025-10-03 | 54.19 |
| 2025-10-02 | 53.64 |
| 2025-10-01 | 51.68 |
| 2025-09-30 | 53.08 |
| 2025-09-29 | 52.31 |
| 2025-09-26 | 52.71 |
| 2025-09-25 | 52.89 |
| 2025-09-24 | 53.68 |
| 2025-09-23 | 54.15 |
Showing the most recent 260 of 2,390 data points. The chart above shows the full history.