Basis: FMP quote market capitalization / matching reported stockholders equity. 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 0.49 is 81% below its estimated 3-year average of 2.53, near the low end of its estimated 3-year range (0.49–23.63).
As of 2026-10-02T20:55:44.535Z. 81.28% below its estimated 12-month average of 2.62.
Calculation as of: 2026-10-02T20:55:44.535Z.
Quote observation: 2026-10-02T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4b48567fe9c772936ee6b690efec618e24c62e82bbf371f17b9f5aae054851de
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 2026-10-01.
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
0.49
PB RATIO AVG TTM
2.62
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
-81.28%
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 · TECHNOLOGY
6.51
median of 206 covered companies
CURRENT VS SECTOR MEDIAN
-92.47%
vs the sector median at left
Market Cap
$269.14M
PB Ratio
1.30
TTM Avg
4.59
3Y Avg
8.88
5Y Avg
9.53
Market Cap
$449.45M
PB Ratio
26.80
TTM Avg
30.05
3Y Avg
34.88
5Y Avg
34.88
Market Cap
$16.08M
PB Ratio
1.00
TTM Avg
1.12
3Y Avg
1.08
5Y Avg
1.08
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SEALSQ Corp (LAES) | $337.95M | 0.49 | 2.62 | N/A | N/A |
| Nano Dimension Ltd. (NNDM)vs › | $343.13M | 0.71 | 0.65 | 0.56 | 0.58 |
| Duos Technologies Group, Inc. (DUOT)vs › | $269.14M | 1.30 | 4.59 | 8.88 | 9.53 |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $449.45M | 26.80 | 30.05 | 34.88 | 34.88 |
| One Stop Systems, Inc. (OSS)vs › | $214.50M | 5.55 | 6.75 | 3.58 | 2.80 |
| Nano Labs Ltd (NA)vs › | $148.13M | 2.52 | 0.83 | 5.53 | 49.52 |
| Methode Electronics, Inc. (MEI)vs › | $558.33M | 0.84 | 0.53 | 0.55 | 1.00 |
| MicroVision, Inc. (MVIS)vs › | $34.56M | 1.68 | 3.03 | 3.59 | 4.78 |
| Intelligent Protection Management Corp. (IPM)vs › | $16.08M | 1.00 | 1.12 | 1.08 | 1.08 |
| Q/C Technologies, Inc. (QCLS)vs › | $6.13M | 0.32 | 1.01 | 0.98 | 0.98 |
At 0.49, P/B is below its estimated 3-year median — higher than 0% of readings in its estimated 3-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 3-year low
0.61
median
1.98
estimated 3-year high
23.63
P/B Ratio
0.49
Market Price / Book Value per Share
PB Ratio = Market Cap / Total Shareholders' Equity
The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PB RATIO |
|---|---|
| 2026-10-01 | 0.76 |
| 2026-09-30 | 0.75 |
| 2026-09-29 | 0.74 |
| 2026-09-28 | 0.73 |
| 2026-09-25 | 0.75 |
| 2026-09-24 | 0.74 |
| 2026-09-23 | 0.74 |
| 2026-09-22 | 0.75 |
| 2026-09-21 | 0.76 |
| 2026-09-18 | 0.72 |
| 2026-09-17 | 0.74 |
| 2026-09-16 | 0.70 |
| 2026-09-15 | 0.74 |
| 2026-09-14 | 0.68 |
| 2026-09-11 | 0.70 |
| 2026-09-10 | 0.70 |
| 2026-09-09 | 0.70 |
| 2026-09-08 | 0.72 |
| 2026-09-04 | 0.71 |
| 2026-09-03 | 0.70 |
| 2026-09-02 | 0.69 |
| 2026-09-01 | 0.70 |
| 2026-08-31 | 0.73 |
| 2026-08-28 | 0.73 |
| 2026-08-27 | 0.76 |
| 2026-08-26 | 0.73 |
| 2026-08-25 | 0.74 |
| 2026-08-24 | 0.73 |
| 2026-08-21 | 0.74 |
| 2026-08-20 | 0.73 |
| 2026-08-19 | 0.76 |
| 2026-08-18 | 0.80 |
| 2026-08-17 | 0.85 |
| 2026-08-14 | 0.88 |
| 2026-08-13 | 0.83 |
| 2026-08-12 | 0.78 |
| 2026-08-11 | 0.75 |
| 2026-08-10 | 0.75 |
| 2026-08-07 | 0.75 |
| 2026-08-06 | 0.73 |
| 2026-08-05 | 0.72 |
| 2026-08-04 | 0.74 |
| 2026-08-03 | 0.73 |
| 2026-07-31 | 0.69 |
| 2026-07-30 | 0.69 |
| 2026-07-29 | 0.66 |
| 2026-07-28 | 0.68 |
| 2026-07-27 | 0.73 |
| 2026-07-24 | 0.71 |
| 2026-07-23 | 0.75 |
| 2026-07-22 | 0.76 |
| 2026-07-21 | 0.76 |
| 2026-07-20 | 0.75 |
| 2026-07-17 | 0.74 |
| 2026-07-16 | 0.71 |
| 2026-07-15 | 0.78 |
| 2026-07-14 | 0.80 |
| 2026-07-13 | 0.79 |
| 2026-07-10 | 0.82 |
| 2026-07-09 | 0.84 |
| 2026-07-08 | 0.83 |
| 2026-07-07 | 0.82 |
| 2026-07-06 | 0.88 |
| 2026-07-02 | 0.89 |
| 2026-07-01 | 0.91 |
| 2026-06-30 | 0.92 |
| 2026-06-29 | 0.94 |
| 2026-06-26 | 0.91 |
| 2026-06-25 | 0.93 |
| 2026-06-24 | 0.95 |
| 2026-06-23 | 0.98 |
| 2026-06-22 | 0.91 |
| 2026-06-18 | 0.91 |
| 2026-06-17 | 0.88 |
| 2026-06-16 | 0.90 |
| 2026-06-15 | 0.99 |
| 2026-06-12 | 0.91 |
| 2026-06-11 | 0.94 |
| 2026-06-10 | 0.89 |
| 2026-06-09 | 0.90 |
| 2026-06-08 | 0.94 |
| 2026-06-05 | 0.94 |
| 2026-06-04 | 1.07 |
| 2026-06-03 | 1.01 |
| 2026-06-02 | 1.09 |
| 2026-06-01 | 1.04 |
| 2026-05-29 | 1.02 |
| 2026-05-28 | 1.09 |
| 2026-05-27 | 1.02 |
| 2026-05-26 | 1.04 |
| 2026-05-22 | 0.99 |
| 2026-05-21 | 0.96 |
| 2026-05-20 | 0.83 |
| 2026-05-19 | 0.79 |
| 2026-05-18 | 0.82 |
| 2026-05-15 | 0.84 |
| 2026-05-14 | 0.90 |
| 2026-05-13 | 0.87 |
| 2026-05-12 | 0.86 |
| 2026-05-11 | 0.90 |
| 2026-05-08 | 0.85 |
| 2026-05-07 | 0.89 |
| 2026-05-06 | 0.97 |
| 2026-05-05 | 0.85 |
| 2026-05-04 | 0.87 |
| 2026-05-01 | 0.84 |
| 2026-04-30 | 0.85 |
| 2026-04-29 | 0.77 |
| 2026-04-28 | 0.81 |
| 2026-04-27 | 0.83 |
| 2026-04-24 | 0.86 |
| 2026-04-23 | 0.82 |
| 2026-04-22 | 0.90 |
| 2026-04-21 | 0.87 |
| 2026-04-20 | 0.86 |
| 2026-04-17 | 0.79 |
| 2026-04-16 | 0.80 |
| 2026-04-15 | 0.82 |
| 2026-04-14 | 0.76 |
| 2026-04-13 | 0.63 |
| 2026-04-10 | 0.61 |
| 2026-04-09 | 0.61 |
| 2026-04-08 | 0.63 |
| 2026-04-07 | 0.62 |
| 2026-04-06 | 0.70 |
| 2026-04-02 | 0.73 |
| 2026-04-01 | 0.73 |
| 2026-03-31 | 2.58 |
| 2026-03-30 | 2.28 |
| 2026-03-27 | 2.42 |
| 2026-03-26 | 2.63 |
| 2026-03-25 | 2.83 |
| 2026-03-24 | 2.84 |
| 2026-03-23 | 2.92 |
| 2026-03-20 | 2.92 |
| 2026-03-19 | 3.03 |
| 2026-03-18 | 2.97 |
| 2026-03-17 | 3.07 |
| 2026-03-16 | 3.16 |
| 2026-03-13 | 3.81 |
| 2026-03-12 | 3.87 |
| 2026-03-11 | 3.92 |
| 2026-03-10 | 3.95 |
| 2026-03-09 | 4.11 |
| 2026-03-06 | 3.93 |
| 2026-03-05 | 4.18 |
| 2026-03-04 | 4.13 |
| 2026-03-03 | 3.87 |
| 2026-03-02 | 3.95 |
| 2026-02-27 | 3.88 |
| 2026-02-26 | 4.07 |
| 2026-02-25 | 3.98 |
| 2026-02-24 | 3.87 |
| 2026-02-23 | 3.72 |
| 2026-02-20 | 3.89 |
| 2026-02-19 | 3.86 |
| 2026-02-18 | 3.85 |
| 2026-02-17 | 3.83 |
| 2026-02-13 | 3.80 |
| 2026-02-12 | 3.79 |
| 2026-02-11 | 3.94 |
| 2026-02-10 | 4.00 |
| 2026-02-09 | 3.90 |
| 2026-02-06 | 3.94 |
| 2026-02-05 | 3.47 |
| 2026-02-04 | 3.94 |
| 2026-02-03 | 4.13 |
| 2026-02-02 | 4.00 |
| 2026-01-30 | 4.05 |
| 2026-01-29 | 4.26 |
| 2026-01-28 | 4.53 |
| 2026-01-27 | 4.69 |
| 2026-01-26 | 4.40 |
| 2026-01-23 | 4.85 |
| 2026-01-22 | 5.11 |
| 2026-01-21 | 4.58 |
| 2026-01-20 | 4.43 |
| 2026-01-16 | 4.50 |
| 2026-01-15 | 4.59 |
| 2026-01-14 | 4.25 |
| 2026-01-13 | 4.25 |
| 2026-01-12 | 4.29 |
| 2026-01-09 | 4.10 |
| 2026-01-08 | 4.07 |
| 2026-01-07 | 4.05 |
| 2026-01-06 | 4.15 |
| 2026-01-05 | 4.29 |
| 2026-01-02 | 4.18 |
| 2025-12-31 | 3.73 |
| 2025-12-30 | 3.88 |
| 2025-12-29 | 3.86 |
| 2025-12-26 | 3.95 |
| 2025-12-24 | 4.10 |
| 2025-12-23 | 4.10 |
| 2025-12-22 | 4.36 |
| 2025-12-19 | 4.14 |
| 2025-12-18 | 4.12 |
| 2025-12-17 | 3.81 |
| 2025-12-16 | 4.07 |
| 2025-12-15 | 3.85 |
| 2025-12-12 | 4.18 |
| 2025-12-11 | 4.65 |
| 2025-12-10 | 4.70 |
| 2025-12-09 | 4.84 |
| 2025-12-08 | 4.84 |
| 2025-12-05 | 4.79 |
| 2025-12-04 | 5.01 |
| 2025-12-03 | 4.62 |
| 2025-12-02 | 4.29 |
| 2025-12-01 | 4.12 |
| 2025-11-28 | 4.41 |
| 2025-11-26 | 4.12 |
| 2025-11-25 | 4.23 |
| 2025-11-24 | 4.09 |
| 2025-11-21 | 3.72 |
| 2025-11-20 | 3.58 |
| 2025-11-19 | 3.88 |
| 2025-11-18 | 4.11 |
| 2025-11-17 | 4.06 |
| 2025-11-14 | 4.43 |
| 2025-11-13 | 4.80 |
| 2025-11-12 | 5.27 |
| 2025-11-11 | 5.45 |
| 2025-11-10 | 5.88 |
| 2025-11-07 | 6.07 |
| 2025-11-06 | 5.93 |
| 2025-11-05 | 6.49 |
| 2025-11-04 | 5.83 |
| 2025-11-03 | 6.36 |
| 2025-10-31 | 7.32 |
| 2025-10-30 | 6.79 |
| 2025-10-29 | 6.22 |
| 2025-10-28 | 6.28 |
| 2025-10-27 | 6.71 |
| 2025-10-24 | 6.91 |
| 2025-10-23 | 5.64 |
| 2025-10-22 | 5.32 |
| 2025-10-21 | 6.01 |
| 2025-10-20 | 6.39 |
| 2025-10-17 | 6.58 |
| 2025-10-16 | 6.27 |
| 2025-10-15 | 7.39 |
| 2025-10-14 | 7.54 |
| 2025-10-13 | 6.04 |
| 2025-10-10 | 5.33 |
| 2025-10-09 | 6.00 |
| 2025-10-08 | 4.30 |
| 2025-10-07 | 4.25 |
| 2025-10-06 | 4.96 |
| 2025-10-03 | 4.58 |
| 2025-10-02 | 4.25 |
| 2025-10-01 | 3.93 |
| 2025-09-30 | 3.69 |
| 2025-09-29 | 3.60 |
| 2025-09-26 | 3.72 |
| 2025-09-25 | 3.87 |
| 2025-09-24 | 3.70 |
| 2025-09-23 | 3.93 |
| 2025-09-22 | 4.15 |
| 2025-09-19 | 4.23 |
Showing the most recent 260 of 634 data points. The chart above shows the full history.