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 1.84 is in line with its estimated 2-year average of 1.96, around the middle of its estimated 2-year range (0.07–5.03).
As of 2026-10-06T14:17:12.500Z. 33.46% below its estimated 12-month average of 2.77.
Calculation as of: 2026-10-06T14:17:12.500Z.
Quote observation: 2026-10-06T14:14:55.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 7de7752a9f7c92cf302168b3adc2b8952dbd3ee015c15fa7e623ade4200d4f53
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
1.84
PB RATIO AVG TTM
2.77
PB RATIO AVG 3Y
N/A
PB RATIO AVG 5Y
N/A
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-33.46%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.44
median of 506 covered companies
CURRENT VS SECTOR MEDIAN
-24.44%
vs the sector median at left
Market Cap
$845.05M
PB Ratio
1.73
TTM Avg
3.75
3Y Avg
2.42
5Y Avg
2.06
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Jade Biosciences, Inc. (JBIO) | $811.26M | 1.84 | 2.77 | N/A | N/A |
| InMode Ltd. (INMD)vs › | $809.46M | 1.29 | 1.39 | 1.80 | 4.16 |
| Ardelyx, Inc. (ARDX)vs › | $807.78M | 5.42 | 8.91 | 8.70 | 6.83 |
| Apnimed, Inc. (APMD)vs › | $817.17M | N/A | N/A | N/A | N/A |
| Gyre Therapeutics, Inc. (GYRE)vs › | $804.95M | 7.46 | 6.97 | 13.51 | 13.33 |
| AdaptHealth Corp. (AHCO)vs › | $790.47M | 0.57 | 0.85 | 0.83 | 0.96 |
| Alumis Inc. (ALMS)vs › | $823.91M | 1.82 | 5.06 | 3.19 | 3.19 |
| Beta Bionics, Inc. (BBNX)vs › | $832.08M | 3.25 | 2.78 | 2.67 | 2.67 |
| Monte Rosa Therapeutics, Inc. (GLUE)vs › | $845.05M | 1.73 | 3.75 | 2.42 | 2.06 |
| Mesa Laboratories, Inc. (MLAB)vs › | $777.46M | 4.12 | 2.88 | 2.93 | 2.84 |
At 1.84, P/B is near its estimated 2-year median — higher than 44% of readings in its estimated 2-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 2-year low
0.07
median
2.06
estimated 2-year high
5.03
P/B Ratio
1.84
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 | 1.95 |
| 2026-10-02 | 1.96 |
| 2026-10-01 | 1.91 |
| 2026-09-30 | 1.95 |
| 2026-09-29 | 1.97 |
| 2026-09-28 | 1.99 |
| 2026-09-25 | 2.00 |
| 2026-09-24 | 2.04 |
| 2026-09-23 | 2.04 |
| 2026-09-22 | 2.33 |
| 2026-09-21 | 2.32 |
| 2026-09-18 | 2.35 |
| 2026-09-17 | 2.38 |
| 2026-09-16 | 2.31 |
| 2026-09-15 | 2.41 |
| 2026-09-14 | 2.52 |
| 2026-09-11 | 2.48 |
| 2026-09-10 | 2.66 |
| 2026-09-09 | 2.65 |
| 2026-09-08 | 2.70 |
| 2026-09-04 | 2.76 |
| 2026-09-03 | 2.75 |
| 2026-09-02 | 2.97 |
| 2026-09-01 | 2.92 |
| 2026-08-31 | 2.96 |
| 2026-08-28 | 2.89 |
| 2026-08-27 | 2.95 |
| 2026-08-26 | 2.96 |
| 2026-08-25 | 3.03 |
| 2026-08-24 | 2.96 |
| 2026-08-21 | 2.96 |
| 2026-08-20 | 2.95 |
| 2026-08-19 | 3.13 |
| 2026-08-18 | 3.27 |
| 2026-08-17 | 3.25 |
| 2026-08-14 | 3.43 |
| 2026-08-13 | 3.30 |
| 2026-08-12 | 3.22 |
| 2026-08-11 | 3.10 |
| 2026-08-10 | 3.02 |
| 2026-08-07 | 3.05 |
| 2026-08-06 | 3.09 |
| 2026-08-05 | 3.01 |
| 2026-08-04 | 2.96 |
| 2026-08-03 | 2.66 |
| 2026-07-31 | 2.74 |
| 2026-07-30 | 2.78 |
| 2026-07-29 | 2.69 |
| 2026-07-28 | 2.73 |
| 2026-07-27 | 2.77 |
| 2026-07-24 | 2.79 |
| 2026-07-23 | 2.72 |
| 2026-07-22 | 2.75 |
| 2026-07-21 | 2.85 |
| 2026-07-20 | 2.73 |
| 2026-07-17 | 2.89 |
| 2026-07-16 | 2.84 |
| 2026-07-15 | 3.03 |
| 2026-07-14 | 2.96 |
| 2026-07-13 | 2.96 |
| 2026-07-10 | 2.91 |
| 2026-07-09 | 3.12 |
| 2026-07-08 | 3.13 |
| 2026-07-07 | 3.12 |
| 2026-07-06 | 2.96 |
| 2026-07-02 | 2.99 |
| 2026-07-01 | 3.03 |
| 2026-06-30 | 4.33 |
| 2026-06-29 | 4.31 |
| 2026-06-26 | 4.29 |
| 2026-06-25 | 4.25 |
| 2026-06-24 | 4.27 |
| 2026-06-23 | 4.28 |
| 2026-06-22 | 3.79 |
| 2026-06-18 | 3.28 |
| 2026-06-17 | 3.29 |
| 2026-06-16 | 3.03 |
| 2026-06-15 | 3.14 |
| 2026-06-12 | 2.99 |
| 2026-06-11 | 3.13 |
| 2026-06-10 | 2.97 |
| 2026-06-09 | 2.97 |
| 2026-06-08 | 2.92 |
| 2026-06-05 | 3.30 |
| 2026-06-04 | 3.46 |
| 2026-06-03 | 3.43 |
| 2026-06-02 | 3.46 |
| 2026-06-01 | 3.62 |
| 2026-05-29 | 4.10 |
| 2026-05-28 | 4.06 |
| 2026-05-27 | 4.19 |
| 2026-05-26 | 4.23 |
| 2026-05-22 | 4.33 |
| 2026-05-21 | 4.57 |
| 2026-05-20 | 4.55 |
| 2026-05-19 | 4.26 |
| 2026-05-18 | 4.29 |
| 2026-05-15 | 4.55 |
| 2026-05-14 | 4.70 |
| 2026-05-13 | 4.89 |
| 2026-05-12 | 4.92 |
| 2026-05-11 | 4.84 |
| 2026-05-08 | 5.03 |
| 2026-05-07 | 3.59 |
| 2026-05-06 | 3.73 |
| 2026-05-05 | 3.75 |
| 2026-05-04 | 3.64 |
| 2026-05-01 | 3.59 |
| 2026-04-30 | 3.62 |
| 2026-04-29 | 3.31 |
| 2026-04-28 | 3.92 |
| 2026-04-27 | 3.98 |
| 2026-04-24 | 3.70 |
| 2026-04-23 | 3.74 |
| 2026-04-22 | 3.76 |
| 2026-04-21 | 3.41 |
| 2026-04-20 | 3.49 |
| 2026-04-17 | 3.39 |
| 2026-04-16 | 3.25 |
| 2026-04-15 | 2.86 |
| 2026-04-14 | 2.88 |
| 2026-04-13 | 2.74 |
| 2026-04-10 | 2.65 |
| 2026-04-09 | 2.70 |
| 2026-04-08 | 2.49 |
| 2026-04-07 | 2.43 |
| 2026-04-06 | 2.40 |
| 2026-04-02 | 2.30 |
| 2026-04-01 | 2.38 |
| 2026-03-31 | 2.08 |
| 2026-03-30 | 1.97 |
| 2026-03-27 | 1.99 |
| 2026-03-26 | 2.07 |
| 2026-03-25 | 2.07 |
| 2026-03-24 | 1.97 |
| 2026-03-23 | 2.06 |
| 2026-03-20 | 2.08 |
| 2026-03-19 | 2.09 |
| 2026-03-18 | 2.04 |
| 2026-03-17 | 2.07 |
| 2026-03-16 | 2.11 |
| 2026-03-13 | 2.06 |
| 2026-03-12 | 2.06 |
| 2026-03-11 | 2.08 |
| 2026-03-10 | 2.15 |
| 2026-03-09 | 2.14 |
| 2026-03-06 | 2.08 |
| 2026-03-05 | 2.06 |
| 2026-03-04 | 2.07 |
| 2026-03-03 | 2.06 |
| 2026-03-02 | 2.09 |
| 2026-02-27 | 2.20 |
| 2026-02-26 | 2.16 |
| 2026-02-25 | 2.15 |
| 2026-02-24 | 2.06 |
| 2026-02-23 | 2.08 |
| 2026-02-20 | 2.12 |
| 2026-02-19 | 2.16 |
| 2026-02-18 | 2.14 |
| 2026-02-17 | 2.06 |
| 2026-02-13 | 2.23 |
| 2026-02-12 | 2.20 |
| 2026-02-11 | 2.23 |
| 2026-02-10 | 2.15 |
| 2026-02-09 | 2.15 |
| 2026-02-06 | 2.27 |
| 2026-02-05 | 2.13 |
| 2026-02-04 | 2.37 |
| 2026-02-03 | 2.53 |
| 2026-02-02 | 2.47 |
| 2026-01-30 | 2.32 |
| 2026-01-29 | 2.28 |
| 2026-01-28 | 2.32 |
| 2026-01-27 | 2.38 |
| 2026-01-26 | 2.25 |
| 2026-01-23 | 2.42 |
| 2026-01-22 | 2.52 |
| 2026-01-21 | 2.36 |
| 2026-01-20 | 2.26 |
| 2026-01-16 | 2.18 |
| 2026-01-15 | 2.18 |
| 2026-01-14 | 2.17 |
| 2026-01-13 | 2.05 |
| 2026-01-12 | 2.06 |
| 2026-01-09 | 2.01 |
| 2026-01-08 | 1.97 |
| 2026-01-07 | 1.96 |
| 2026-01-06 | 1.95 |
| 2026-01-05 | 1.95 |
| 2026-01-02 | 2.10 |
| 2025-12-31 | 3.41 |
| 2025-12-30 | 3.43 |
| 2025-12-29 | 3.58 |
| 2025-12-26 | 3.63 |
| 2025-12-24 | 3.65 |
| 2025-12-23 | 3.61 |
| 2025-12-22 | 3.72 |
| 2025-12-19 | 3.76 |
| 2025-12-18 | 3.66 |
| 2025-12-17 | 3.46 |
| 2025-12-16 | 3.54 |
| 2025-12-15 | 3.37 |
| 2025-12-12 | 3.31 |
| 2025-12-11 | 3.28 |
| 2025-12-10 | 2.98 |
| 2025-12-09 | 2.98 |
| 2025-12-08 | 2.98 |
| 2025-12-05 | 2.98 |
| 2025-12-04 | 2.74 |
| 2025-12-03 | 2.65 |
| 2025-12-02 | 2.56 |
| 2025-12-01 | 2.67 |
| 2025-11-28 | 2.83 |
| 2025-11-26 | 2.75 |
| 2025-11-25 | 2.77 |
| 2025-11-24 | 2.68 |
| 2025-11-21 | 2.65 |
| 2025-11-20 | 2.53 |
| 2025-11-19 | 2.75 |
| 2025-11-18 | 2.79 |
| 2025-11-17 | 2.78 |
| 2025-11-14 | 2.36 |
| 2025-11-13 | 2.14 |
| 2025-11-12 | 2.21 |
| 2025-11-11 | 2.16 |
| 2025-11-10 | 2.05 |
| 2025-11-07 | 2.03 |
| 2025-11-06 | 1.98 |
| 2025-11-05 | 2.12 |
| 2025-11-04 | 1.99 |
| 2025-11-03 | 2.09 |
| 2025-10-31 | 2.16 |
| 2025-10-30 | 2.17 |
| 2025-10-29 | 2.09 |
| 2025-10-28 | 2.16 |
| 2025-10-27 | 2.25 |
| 2025-10-24 | 2.21 |
| 2025-10-23 | 2.19 |
| 2025-10-22 | 2.13 |
| 2025-10-21 | 2.21 |
| 2025-10-20 | 2.21 |
| 2025-10-17 | 2.07 |
| 2025-10-16 | 2.16 |
| 2025-10-15 | 2.19 |
| 2025-10-14 | 2.02 |
| 2025-10-13 | 2.01 |
| 2025-10-10 | 2.00 |
| 2025-10-09 | 2.07 |
| 2025-10-08 | 2.00 |
| 2025-10-07 | 2.00 |
| 2025-10-06 | 2.02 |
| 2025-10-03 | 1.96 |
| 2025-10-02 | 1.84 |
| 2025-10-01 | 2.01 |
| 2025-09-30 | 1.22 |
| 2025-09-29 | 1.22 |
| 2025-09-26 | 1.20 |
| 2025-09-25 | 1.14 |
| 2025-09-24 | 1.15 |
| 2025-09-23 | 1.07 |
Showing the most recent 260 of 568 data points. The chart above shows the full history.