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 0.78 is 99% below its estimated 5-year average of 62.97, near the low end of its estimated 5-year range (0.00–371.74).
As of 2026-10-06T20:41:57.571Z. 2902.38% above its estimated 12-month average of 0.03.
Calculation as of: 2026-10-06T20:41:57.571Z.
Quote observation: 2026-10-06T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 2fde06f259e28fcaf0a0d51df993d991938700e907f86078bced96cac1655d96
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
0.78
PB RATIO AVG TTM
0.03
PB RATIO AVG 3Y
87.98
PB RATIO AVG 5Y
62.97
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+2902.38%
CURRENT VS 3Y AVG
-99.11%
CURRENT VS 5Y AVG
-98.76%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.39
median of 760 covered companies
CURRENT VS SECTOR MEDIAN
-67.36%
vs the sector median at left
Market Cap
$7.07M
PB Ratio
1.48
TTM Avg
7.95
3Y Avg
41.49
5Y Avg
41.49
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| KALA BIO, Inc. (KALA) | $7.04M | 0.78 | 0.03 | 87.98 | 62.97 |
| Curanex Pharmaceuticals Inc Common Stock (CURX)vs › | $7.07M | 1.48 | 7.95 | 41.49 | 41.49 |
| Skye Bioscience, Inc. (SKYE)vs › | $7.12M | N/A | 2.07 | 5.25 | 5.80 |
| Longeveron Inc. (LGVN)vs › | $7.15M | 0.69 | 1.64 | 1.68 | 2.89 |
| Co-Diagnostics, Inc. (CODX)vs › | $7.19M | 0.57 | 0.28 | 0.33 | 0.65 |
| NeuroSense Therapeutics Ltd. (NRSN)vs › | $7.19M | N/A | 3.34 | 8.29 | 8.29 |
| Exicure, Inc. (XCUR)vs › | $6.88M | 7.05 | 5.45 | 11.90 | 11.71 |
| InMed Pharmaceuticals Inc. (INM)vs › | $7.31M | 6.80 | 0.84 | 0.41 | 0.43 |
| Bolt Biotherapeutics, Inc. (BOLT)vs › | $6.74M | 0.53 | 0.36 | 0.31 | 0.36 |
| Quince Therapeutics, Inc. (QNCX)vs › | $7.46M | N/A | 39.10 | 13.13 | 8.88 |
At 0.78, P/B is at an extreme level, where the multiple carries little signal — higher than 4% of readings in its estimated 9-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 9-year low
0.01
median
124.87
estimated 9-year high
696.41
P/B Ratio
0.78
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 | 0.00 |
| 2026-10-02 | 0.00 |
| 2026-10-01 | 0.00 |
| 2026-09-30 | 0.00 |
| 2026-09-29 | 0.00 |
| 2026-09-28 | 0.00 |
| 2026-09-25 | 0.00 |
| 2026-09-24 | 0.00 |
| 2026-09-23 | 0.00 |
| 2026-09-22 | 0.00 |
| 2026-09-21 | 0.00 |
| 2026-09-18 | 0.00 |
| 2026-09-17 | 0.00 |
| 2026-09-16 | 0.00 |
| 2026-09-15 | 0.00 |
| 2026-09-14 | 0.00 |
| 2026-09-11 | 0.00 |
| 2026-09-10 | 0.00 |
| 2026-09-09 | 0.00 |
| 2026-09-08 | 0.00 |
| 2026-09-04 | 0.00 |
| 2026-09-03 | 0.00 |
| 2026-09-02 | 0.00 |
| 2026-09-01 | 0.00 |
| 2026-08-31 | 0.01 |
| 2026-08-28 | 0.01 |
| 2026-08-27 | 0.01 |
| 2026-08-26 | 0.01 |
| 2026-08-25 | 0.01 |
| 2026-08-24 | 0.01 |
| 2026-08-21 | 0.01 |
| 2026-08-20 | 0.01 |
| 2026-08-19 | 0.02 |
| 2026-08-18 | 0.02 |
| 2026-08-17 | 0.02 |
| 2026-08-14 | 0.02 |
| 2026-08-13 | 0.02 |
| 2026-08-12 | 0.02 |
| 2026-08-11 | 0.02 |
| 2026-08-10 | 0.02 |
| 2026-08-07 | 0.02 |
| 2026-08-06 | 0.02 |
| 2026-08-05 | 0.02 |
| 2026-08-04 | 0.02 |
| 2026-08-03 | 0.02 |
| 2026-07-31 | 0.02 |
| 2026-07-30 | 0.02 |
| 2026-07-29 | 0.01 |
| 2026-07-28 | 0.01 |
| 2026-07-27 | 0.01 |
| 2026-07-24 | 0.01 |
| 2026-07-23 | 0.01 |
| 2026-07-22 | 0.02 |
| 2026-07-21 | 0.02 |
| 2026-07-20 | 0.02 |
| 2026-07-17 | 0.02 |
| 2026-07-16 | 0.02 |
| 2026-07-15 | 0.02 |
| 2026-07-14 | 0.02 |
| 2026-07-13 | 0.02 |
| 2026-07-10 | 0.03 |
| 2026-07-09 | 0.03 |
| 2026-07-08 | 0.03 |
| 2026-07-07 | 0.03 |
| 2026-07-06 | 0.03 |
| 2026-07-02 | 0.04 |
| 2026-07-01 | 0.04 |
| 2026-06-30 | 0.04 |
| 2026-06-29 | 0.05 |
| 2026-06-26 | 0.06 |
| 2026-06-25 | 0.06 |
| 2026-06-24 | 0.07 |
| 2026-06-23 | 0.07 |
| 2026-06-22 | 0.08 |
| 2026-06-18 | 0.08 |
| 2026-06-17 | 0.06 |
| 2026-06-16 | 0.07 |
| 2026-06-15 | 0.06 |
| 2026-06-12 | 0.06 |
| 2026-06-11 | 0.05 |
| 2026-06-10 | 0.05 |
| 2026-06-09 | 0.05 |
| 2026-06-08 | 0.05 |
| 2026-06-05 | 0.05 |
| 2026-06-04 | 0.05 |
| 2026-06-03 | 0.05 |
| 2026-06-02 | 0.05 |
| 2026-06-01 | 0.05 |
| 2026-05-29 | 0.05 |
| 2026-05-28 | 0.05 |
| 2026-05-27 | 0.05 |
| 2026-05-26 | 0.05 |
| 2026-05-22 | 0.05 |
| 2026-05-21 | 0.06 |
| 2026-05-20 | 0.06 |
| 2026-05-19 | 0.06 |
| 2026-05-18 | 0.06 |
| 2025-08-08 | 8.20 |
| 2025-08-07 | 7.96 |
| 2025-08-06 | 8.14 |
| 2025-08-05 | 8.56 |
| 2025-08-04 | 8.28 |
| 2025-08-01 | 8.34 |
| 2025-07-31 | 7.53 |
| 2025-07-30 | 7.94 |
| 2025-07-29 | 9.34 |
| 2025-07-28 | 8.82 |
| 2025-07-25 | 8.99 |
| 2025-07-24 | 7.78 |
| 2025-07-23 | 6.28 |
| 2025-07-22 | 6.11 |
| 2025-07-21 | 6.34 |
| 2025-07-18 | 6.38 |
| 2025-07-17 | 6.64 |
| 2025-07-16 | 6.63 |
| 2025-07-15 | 6.09 |
| 2025-07-14 | 6.34 |
| 2025-07-11 | 6.50 |
| 2025-07-10 | 7.67 |
| 2025-07-09 | 7.00 |
| 2025-07-08 | 5.74 |
| 2025-07-07 | 5.87 |
| 2025-07-03 | 5.67 |
| 2025-07-02 | 5.61 |
| 2025-07-01 | 5.38 |
| 2025-06-30 | 5.29 |
| 2025-06-27 | 5.14 |
| 2025-06-26 | 5.84 |
| 2025-06-25 | 5.23 |
| 2025-06-24 | 4.45 |
| 2025-06-23 | 4.47 |
| 2025-06-20 | 4.49 |
| 2025-06-18 | 4.71 |
| 2025-06-17 | 4.65 |
| 2025-06-16 | 4.82 |
| 2025-06-13 | 4.78 |
| 2025-06-12 | 4.95 |
| 2025-06-11 | 4.87 |
| 2025-06-10 | 5.27 |
| 2025-06-09 | 4.57 |
| 2025-06-06 | 4.60 |
| 2025-06-05 | 4.64 |
| 2025-06-04 | 4.58 |
| 2025-06-03 | 4.55 |
| 2025-06-02 | 3.91 |
| 2025-05-30 | 4.14 |
| 2025-05-29 | 4.27 |
| 2025-05-28 | 4.22 |
| 2025-05-27 | 4.51 |
| 2025-05-23 | 4.49 |
| 2025-05-22 | 4.55 |
| 2025-05-21 | 4.19 |
| 2025-05-20 | 4.39 |
| 2025-05-19 | 4.05 |
| 2025-05-16 | 4.08 |
| 2025-05-15 | 3.58 |
| 2025-05-14 | 62.24 |
| 2025-05-13 | 66.24 |
| 2025-05-12 | 66.62 |
| 2025-05-09 | 65.10 |
| 2025-05-08 | 65.29 |
| 2025-05-07 | 65.66 |
| 2025-05-06 | 65.67 |
| 2025-05-05 | 69.09 |
| 2025-05-02 | 71.38 |
| 2025-05-01 | 70.81 |
| 2025-04-30 | 75.57 |
| 2025-04-29 | 80.90 |
| 2025-04-28 | 67.95 |
| 2025-04-25 | 60.53 |
| 2025-04-24 | 62.81 |
| 2025-04-23 | 59.39 |
| 2025-04-22 | 56.06 |
| 2025-04-21 | 62.62 |
| 2025-04-17 | 65.76 |
| 2025-04-16 | 66.05 |
| 2025-04-15 | 67.19 |
| 2025-04-14 | 66.43 |
| 2025-04-11 | 64.15 |
| 2025-04-10 | 65.10 |
| 2025-04-09 | 73.28 |
| 2025-04-08 | 66.62 |
| 2025-04-07 | 71.19 |
| 2025-04-04 | 80.71 |
| 2025-04-03 | 88.03 |
| 2025-04-02 | 90.79 |
| 2025-04-01 | 109.07 |
| 2025-03-31 | 193.29 |
| 2025-03-28 | 204.09 |
| 2025-03-27 | 213.20 |
| 2025-03-26 | 221.63 |
| 2025-03-25 | 226.02 |
| 2025-03-24 | 231.41 |
| 2025-03-21 | 233.44 |
| 2025-03-20 | 229.39 |
| 2025-03-19 | 237.15 |
| 2025-03-18 | 243.22 |
| 2025-03-17 | 236.20 |
| 2025-03-14 | 220.96 |
| 2025-03-13 | 227.70 |
| 2025-03-12 | 234.45 |
| 2025-03-11 | 232.92 |
| 2025-03-10 | 228.71 |
| 2025-03-07 | 237.82 |
| 2025-03-06 | 241.87 |
| 2025-03-05 | 255.36 |
| 2025-03-04 | 233.44 |
| 2025-03-03 | 235.80 |
| 2025-02-28 | 233.77 |
| 2025-02-27 | 235.12 |
| 2025-02-26 | 226.35 |
| 2025-02-25 | 221.63 |
| 2025-02-24 | 223.99 |
| 2025-02-21 | 223.99 |
| 2025-02-20 | 230.74 |
| 2025-02-19 | 228.38 |
| 2025-02-18 | 243.56 |
| 2025-02-14 | 282.69 |
| 2025-02-13 | 261.77 |
| 2025-02-12 | 250.98 |
| 2025-02-11 | 367.02 |
| 2025-02-10 | 347.46 |
| 2025-02-07 | 371.74 |
| 2025-02-06 | 361.96 |
| 2025-02-05 | 327.22 |
| 2025-02-04 | 313.72 |
| 2025-02-03 | 311.02 |
| 2025-01-31 | 310.35 |
| 2025-01-30 | 319.79 |
| 2025-01-29 | 297.87 |
| 2025-01-28 | 295.84 |
| 2025-01-27 | 282.18 |
| 2025-01-24 | 273.58 |
| 2025-01-23 | 274.93 |
| 2025-01-22 | 259.41 |
| 2025-01-21 | 259.07 |
| 2025-01-17 | 244.57 |
| 2025-01-16 | 236.47 |
| 2025-01-15 | 240.52 |
| 2025-01-14 | 224.33 |
| 2025-01-13 | 220.96 |
| 2025-01-10 | 229.73 |
| 2025-01-08 | 230.06 |
| 2025-01-07 | 259.41 |
| 2025-01-06 | 254.01 |
| 2025-01-03 | 267.51 |
| 2025-01-02 | 260.09 |
| 2024-12-31 | 234.11 |
| 2024-12-30 | 231.75 |
| 2024-12-27 | 235.46 |
| 2024-12-26 | 233.94 |
| 2024-12-24 | 210.50 |
| 2024-12-23 | 202.40 |
| 2024-12-20 | 199.70 |
| 2024-12-19 | 202.40 |
| 2024-12-18 | 194.31 |
| 2024-12-17 | 208.81 |
| 2024-12-16 | 206.11 |
| 2024-12-13 | 208.47 |
| 2024-12-12 | 205.44 |
Showing the most recent 260 of 1,713 data points. The chart above shows the full history.