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 15.84 is 299% above its estimated 5-year average of 3.97, near the low end of its estimated 5-year range (1.82–103.14).
As of 2026-09-23T00:15:47.513Z. 49.10% below its estimated 12-month average of 31.12.
Calculation as of: 2026-09-23T00:15:47.513Z.
Quote observation: 2026-09-22T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 40b8b2b6c0c89a5804c9082001750a9d5a1b04fdf3caa3e220258b5fffc1d5c5
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 2026-09-11.
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
15.84
PB RATIO AVG TTM
31.12
PB RATIO AVG 3Y
10.06
PB RATIO AVG 5Y
3.97
PB RATIO AVG 10Y
3.80
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-49.10%
CURRENT VS 3Y AVG
+57.47%
CURRENT VS 5Y AVG
+299.08%
CURRENT VS 10Y AVG
+316.46%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.63
median of 184 covered companies
CURRENT VS SECTOR MEDIAN
+138.73%
vs the sector median at left
Market Cap
$67.83B
PB Ratio
17.41
TTM Avg
16.15
3Y Avg
14.98
5Y Avg
15.28
Market Cap
$80.83B
PB Ratio
3.05
TTM Avg
1.79
3Y Avg
1.33
5Y Avg
1.21
Market Cap
$64.28B
PB Ratio
4.62
TTM Avg
2.60
3Y Avg
2.00
5Y Avg
2.06
Market Cap
$83.43B
PB Ratio
12.17
TTM Avg
15.78
3Y Avg
18.60
5Y Avg
18.38
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lumentum Holdings Inc. (LITE) | $73.57B | 15.84 | 31.12 | 10.06 | 3.97 |
| Motorola Solutions, Inc. (MSI)vs › | $75.81B | 28.37 | 30.40 | 69.44 | 101.64 |
| Synopsys, Inc. (SNPS)vs › | $78.36B | 2.52 | 2.59 | 8.12 | 8.79 |
| Monolithic Power Systems, Inc. (MPWR)vs › | $67.83B | 17.41 | 16.15 | 14.98 | 15.28 |
| Intuit Inc. (INTU)vs › | $79.97B | 4.21 | 6.73 | 8.81 | 9.12 |
| Hewlett Packard Enterprise Company (HPE)vs › | $80.83B | 3.05 | 1.79 | 1.33 | 1.21 |
| United Microelectronics Corporation (UMC)vs › | $64.28B | 4.62 | 2.60 | 2.00 | 2.06 |
| Cadence Design Systems, Inc. (CDNS)vs › | $83.43B | 12.17 | 15.78 | 18.60 | 18.38 |
| Teradyne, Inc. (TER)vs › | $62.33B | 18.13 | 15.19 | 9.54 | 8.79 |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $62.30B | 36.10 | 28.51 | 23.78 | 23.78 |
At 15.84, P/B is above its estimated 11-year median — higher than 93% of readings in its estimated 11-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 11-year low
1.82
median
3.57
estimated 11-year high
103.14
P/B Ratio
15.84
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 |
|---|---|
| 2026-09-11 | 14.89 |
| 2026-09-10 | 15.03 |
| 2026-09-09 | 15.89 |
| 2026-09-08 | 15.72 |
| 2026-09-04 | 14.16 |
| 2026-09-03 | 13.61 |
| 2026-09-02 | 13.99 |
| 2026-09-01 | 13.96 |
| 2026-08-31 | 14.69 |
| 2026-08-28 | 14.38 |
| 2026-08-27 | 15.36 |
| 2026-08-26 | 15.08 |
| 2026-08-25 | 14.23 |
| 2026-08-24 | 13.34 |
| 2026-08-21 | 13.92 |
| 2026-08-20 | 14.12 |
| 2026-08-19 | 13.29 |
| 2026-08-18 | 14.03 |
| 2026-08-17 | 31.35 |
| 2026-08-14 | 29.96 |
| 2026-08-13 | 28.48 |
| 2026-08-12 | 30.17 |
| 2026-08-11 | 26.55 |
| 2026-08-10 | 26.32 |
| 2026-08-07 | 28.80 |
| 2026-08-06 | 27.11 |
| 2026-08-05 | 26.73 |
| 2026-08-04 | 27.48 |
| 2026-08-03 | 25.23 |
| 2026-07-31 | 23.10 |
| 2026-07-30 | 22.43 |
| 2026-07-29 | 19.49 |
| 2026-07-28 | 21.09 |
| 2026-07-27 | 23.03 |
| 2026-07-24 | 24.69 |
| 2026-07-23 | 26.97 |
| 2026-07-22 | 26.84 |
| 2026-07-21 | 27.10 |
| 2026-07-20 | 24.77 |
| 2026-07-17 | 23.71 |
| 2026-07-16 | 22.85 |
| 2026-07-15 | 24.33 |
| 2026-07-14 | 26.36 |
| 2026-07-13 | 24.85 |
| 2026-07-10 | 25.95 |
| 2026-07-09 | 25.42 |
| 2026-07-08 | 22.88 |
| 2026-07-07 | 22.61 |
| 2026-07-06 | 23.66 |
| 2026-07-02 | 23.56 |
| 2026-07-01 | 25.92 |
| 2026-06-30 | 27.76 |
| 2026-06-29 | 27.55 |
| 2026-06-26 | 26.43 |
| 2026-06-25 | 27.89 |
| 2026-06-24 | 27.26 |
| 2026-06-23 | 26.79 |
| 2026-06-22 | 28.92 |
| 2026-06-18 | 27.50 |
| 2026-06-17 | 28.15 |
| 2026-06-16 | 28.32 |
| 2026-06-15 | 30.97 |
| 2026-06-12 | 29.82 |
| 2026-06-11 | 28.78 |
| 2026-06-10 | 27.61 |
| 2026-06-09 | 26.59 |
| 2026-06-08 | 28.97 |
| 2026-06-05 | 27.94 |
| 2026-06-04 | 30.58 |
| 2026-06-03 | 30.35 |
| 2026-06-02 | 33.30 |
| 2026-06-01 | 29.28 |
| 2026-05-29 | 27.66 |
| 2026-05-28 | 27.84 |
| 2026-05-27 | 29.19 |
| 2026-05-26 | 29.47 |
| 2026-05-22 | 30.64 |
| 2026-05-21 | 31.20 |
| 2026-05-20 | 28.09 |
| 2026-05-19 | 28.80 |
| 2026-05-18 | 28.63 |
| 2026-05-15 | 31.41 |
| 2026-05-14 | 32.41 |
| 2026-05-13 | 33.34 |
| 2026-05-12 | 32.11 |
| 2026-05-11 | 34.07 |
| 2026-05-08 | 29.24 |
| 2026-05-07 | 28.88 |
| 2026-05-06 | 30.55 |
| 2026-05-05 | 103.14 |
| 2026-05-04 | 101.24 |
| 2026-05-01 | 98.52 |
| 2026-04-30 | 93.58 |
| 2026-04-29 | 89.02 |
| 2026-04-28 | 82.07 |
| 2026-04-27 | 89.16 |
| 2026-04-24 | 91.43 |
| 2026-04-23 | 87.83 |
| 2026-04-22 | 90.60 |
| 2026-04-21 | 86.80 |
| 2026-04-20 | 92.83 |
| 2026-04-17 | 92.72 |
| 2026-04-16 | 92.43 |
| 2026-04-15 | 85.46 |
| 2026-04-14 | 88.44 |
| 2026-04-13 | 90.35 |
| 2026-04-10 | 93.06 |
| 2026-04-09 | 92.73 |
| 2026-04-08 | 92.93 |
| 2026-04-07 | 84.60 |
| 2026-04-06 | 80.09 |
| 2026-04-02 | 85.75 |
| 2026-04-01 | 79.30 |
| 2026-03-31 | 72.88 |
| 2026-03-30 | 67.91 |
| 2026-03-27 | 72.88 |
| 2026-03-26 | 71.43 |
| 2026-03-25 | 80.60 |
| 2026-03-24 | 83.17 |
| 2026-03-23 | 75.60 |
| 2026-03-20 | 73.25 |
| 2026-03-19 | 80.08 |
| 2026-03-18 | 72.68 |
| 2026-03-17 | 67.37 |
| 2026-03-16 | 64.80 |
| 2026-03-13 | 64.56 |
| 2026-03-12 | 63.89 |
| 2026-03-11 | 69.69 |
| 2026-03-10 | 69.69 |
| 2026-03-09 | 66.45 |
| 2026-03-06 | 57.92 |
| 2026-03-05 | 67.50 |
| 2026-03-04 | 70.61 |
| 2026-03-03 | 72.02 |
| 2026-03-02 | 81.23 |
| 2026-02-27 | 72.69 |
| 2026-02-26 | 70.21 |
| 2026-02-25 | 75.02 |
| 2026-02-24 | 71.38 |
| 2026-02-23 | 69.98 |
| 2026-02-20 | 69.25 |
| 2026-02-19 | 65.92 |
| 2026-02-18 | 61.63 |
| 2026-02-17 | 62.27 |
| 2026-02-13 | 58.36 |
| 2026-02-12 | 60.51 |
| 2026-02-11 | 59.54 |
| 2026-02-10 | 58.19 |
| 2026-02-09 | 59.86 |
| 2026-02-06 | 57.25 |
| 2026-02-05 | 52.31 |
| 2026-02-04 | 48.28 |
| 2026-02-03 | 43.63 |
| 2026-02-02 | 42.46 |
| 2026-01-30 | 39.29 |
| 2026-01-29 | 38.25 |
| 2026-01-28 | 38.61 |
| 2026-01-27 | 37.17 |
| 2026-01-26 | 33.34 |
| 2026-01-23 | 34.01 |
| 2026-01-22 | 35.55 |
| 2026-01-21 | 36.35 |
| 2026-01-20 | 35.78 |
| 2026-01-16 | 32.52 |
| 2026-01-15 | 34.42 |
| 2026-01-14 | 33.26 |
| 2026-01-13 | 36.23 |
| 2026-01-12 | 34.08 |
| 2026-01-09 | 35.24 |
| 2026-01-08 | 34.92 |
| 2026-01-07 | 39.40 |
| 2026-01-06 | 39.85 |
| 2026-01-05 | 35.81 |
| 2026-01-02 | 38.72 |
| 2025-12-31 | 36.96 |
| 2025-12-30 | 37.22 |
| 2025-12-29 | 37.37 |
| 2025-12-26 | 39.19 |
| 2025-12-24 | 39.70 |
| 2025-12-23 | 38.85 |
| 2025-12-22 | 39.10 |
| 2025-12-19 | 37.25 |
| 2025-12-18 | 33.81 |
| 2025-12-17 | 32.12 |
| 2025-12-16 | 31.70 |
| 2025-12-15 | 33.56 |
| 2025-12-12 | 32.53 |
| 2025-12-11 | 37.31 |
| 2025-12-10 | 36.70 |
| 2025-12-09 | 36.13 |
| 2025-12-08 | 34.35 |
| 2025-12-05 | 33.23 |
| 2025-12-04 | 32.88 |
| 2025-12-03 | 30.38 |
| 2025-12-02 | 30.37 |
| 2025-12-01 | 31.88 |
| 2025-11-28 | 32.61 |
| 2025-11-26 | 30.91 |
| 2025-11-25 | 29.21 |
| 2025-11-24 | 30.02 |
| 2025-11-21 | 25.63 |
| 2025-11-20 | 23.39 |
| 2025-11-19 | 26.97 |
| 2025-11-18 | 24.81 |
| 2025-11-17 | 24.28 |
| 2025-11-14 | 23.28 |
| 2025-11-13 | 22.75 |
| 2025-11-12 | 25.45 |
| 2025-11-11 | 25.32 |
| 2025-11-10 | 26.06 |
| 2025-11-07 | 24.08 |
| 2025-11-06 | 24.04 |
| 2025-11-05 | 23.34 |
| 2025-11-04 | 11.95 |
| 2025-11-03 | 12.66 |
| 2025-10-31 | 12.79 |
| 2025-10-30 | 12.70 |
| 2025-10-29 | 13.60 |
| 2025-10-28 | 12.59 |
| 2025-10-27 | 12.30 |
| 2025-10-24 | 11.38 |
| 2025-10-23 | 10.69 |
| 2025-10-22 | 10.03 |
| 2025-10-21 | 10.34 |
| 2025-10-20 | 10.22 |
| 2025-10-17 | 10.46 |
| 2025-10-16 | 10.36 |
| 2025-10-15 | 9.93 |
| 2025-10-14 | 9.95 |
| 2025-10-13 | 10.19 |
| 2025-10-10 | 9.49 |
| 2025-10-09 | 10.14 |
| 2025-10-08 | 10.35 |
| 2025-10-07 | 9.97 |
| 2025-10-06 | 10.19 |
| 2025-10-03 | 10.39 |
| 2025-10-02 | 10.77 |
| 2025-10-01 | 10.88 |
| 2025-09-30 | 10.32 |
| 2025-09-29 | 10.32 |
| 2025-09-26 | 10.20 |
| 2025-09-25 | 10.10 |
| 2025-09-24 | 9.69 |
| 2025-09-23 | 10.41 |
| 2025-09-22 | 10.45 |
| 2025-09-19 | 10.71 |
| 2025-09-18 | 10.88 |
| 2025-09-17 | 10.36 |
| 2025-09-16 | 10.84 |
| 2025-09-15 | 10.71 |
| 2025-09-12 | 10.34 |
| 2025-09-11 | 10.46 |
| 2025-09-10 | 10.46 |
| 2025-09-09 | 9.63 |
| 2025-09-08 | 9.48 |
| 2025-09-05 | 9.48 |
| 2025-09-04 | 9.00 |
| 2025-09-03 | 8.51 |
| 2025-09-02 | 8.41 |
| 2025-08-29 | 8.43 |
Showing the most recent 260 of 2,801 data points. The chart above shows the full history.