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 1.14 is 56% below its estimated 1-year average of 2.57, near the low end of its estimated 1-year range (1.12–4.51).
As of 2026-10-06T16:23:42.676Z.
Calculation as of: 2026-10-06T16:23:42.676Z.
Quote observation: 2026-10-06T16:20:48.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 2ce25f957fe83095360266a8eba44a0c9f304ca71e6017df3a9cc6b1c586d311
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
1.14
PB RATIO AVG TTM
N/A
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
N/A
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
2.38
median of 658 covered companies
CURRENT VS SECTOR MEDIAN
-52.10%
vs the sector median at left
Market Cap
$378.94M
PB Ratio
2.21
TTM Avg
1.24
3Y Avg
1.89
5Y Avg
2.28
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MapLight Therapeutics, Inc. (MPLT) | $395.51M | 1.14 | N/A | N/A | N/A |
| REGENXBIO Inc. (RGNX)vs › | $390.83M | 5.45 | 8.75 | 4.12 | 3.25 |
| Kyverna Therapeutics, Inc. (KYTX)vs › | $386.66M | 2.34 | 2.33 | 1.35 | 1.35 |
| Orthofix Medical Inc. (OFIX)vs › | $386.03M | 0.90 | 1.12 | 1.06 | 1.18 |
| Carlsmed, Inc. (CARL)vs › | $405.74M | 4.82 | 2.97 | 2.97 | 2.97 |
| Shoulder Innovations, Inc. (SI)vs › | $409.06M | 3.29 | 2.49 | 2.49 | 2.49 |
| Myriad Genetics, Inc. (MYGN)vs › | $410.16M | 1.35 | 1.38 | 1.80 | 1.87 |
| Neurogene Inc. (NGNE)vs › | $410.99M | 1.89 | 2.31 | 2.52 | 7.01 |
| Arcturus Therapeutics Holdings Inc. (ARCT)vs › | $378.94M | 2.21 | 1.24 | 1.89 | 2.28 |
| Atea Pharmaceuticals, Inc. (AVIR)vs › | $412.54M | 2.02 | 1.37 | 0.85 | 0.86 |
At 1.14, P/B is below its estimated 1-year median — higher than 1% of readings in its estimated 1-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 1-year low
1.12
median
2.73
estimated 1-year high
4.51
P/B Ratio
1.14
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 | 1.21 |
| 2026-10-02 | 1.28 |
| 2026-10-01 | 1.26 |
| 2026-09-30 | 1.33 |
| 2026-09-29 | 1.32 |
| 2026-09-28 | 1.36 |
| 2026-09-25 | 1.36 |
| 2026-09-24 | 1.40 |
| 2026-09-23 | 1.40 |
| 2026-09-22 | 1.42 |
| 2026-09-21 | 1.42 |
| 2026-09-18 | 1.42 |
| 2026-09-17 | 1.48 |
| 2026-09-16 | 1.49 |
| 2026-09-15 | 1.58 |
| 2026-09-14 | 1.72 |
| 2026-09-11 | 1.70 |
| 2026-09-10 | 1.80 |
| 2026-09-09 | 1.79 |
| 2026-09-08 | 1.82 |
| 2026-09-04 | 1.80 |
| 2026-09-03 | 1.71 |
| 2026-09-02 | 1.70 |
| 2026-09-01 | 1.74 |
| 2026-08-31 | 1.69 |
| 2026-08-28 | 1.64 |
| 2026-08-27 | 1.64 |
| 2026-08-26 | 1.68 |
| 2026-08-25 | 1.64 |
| 2026-08-24 | 1.48 |
| 2026-08-21 | 1.46 |
| 2026-08-20 | 1.46 |
| 2026-08-19 | 1.58 |
| 2026-08-18 | 1.54 |
| 2026-08-17 | 1.47 |
| 2026-08-14 | 1.53 |
| 2026-08-13 | 1.31 |
| 2026-08-12 | 1.29 |
| 2026-08-11 | 1.36 |
| 2026-08-10 | 1.38 |
| 2026-08-07 | 1.38 |
| 2026-08-06 | 1.50 |
| 2026-08-05 | 1.46 |
| 2026-08-04 | 1.47 |
| 2026-08-03 | 1.42 |
| 2026-07-31 | 1.47 |
| 2026-07-30 | 1.59 |
| 2026-07-29 | 1.70 |
| 2026-07-28 | 1.39 |
| 2026-07-27 | 1.12 |
| 2026-07-24 | 4.14 |
| 2026-07-23 | 3.99 |
| 2026-07-22 | 4.00 |
| 2026-07-21 | 4.24 |
| 2026-07-20 | 4.08 |
| 2026-07-17 | 4.29 |
| 2026-07-16 | 4.21 |
| 2026-07-15 | 4.23 |
| 2026-07-14 | 4.29 |
| 2026-07-13 | 4.14 |
| 2026-07-10 | 4.45 |
| 2026-07-09 | 4.51 |
| 2026-07-08 | 4.36 |
| 2026-07-07 | 4.20 |
| 2026-07-06 | 3.97 |
| 2026-07-02 | 4.20 |
| 2026-07-01 | 4.09 |
| 2026-06-30 | 4.06 |
| 2026-06-29 | 3.88 |
| 2026-06-26 | 3.77 |
| 2026-06-25 | 3.62 |
| 2026-06-24 | 3.47 |
| 2026-06-23 | 3.24 |
| 2026-06-22 | 3.37 |
| 2026-06-18 | 3.26 |
| 2026-06-17 | 3.31 |
| 2026-06-16 | 3.08 |
| 2026-06-15 | 3.17 |
| 2026-06-12 | 3.14 |
| 2026-06-11 | 3.44 |
| 2026-06-10 | 3.15 |
| 2026-06-09 | 3.31 |
| 2026-06-08 | 3.34 |
| 2026-06-05 | 3.17 |
| 2026-06-04 | 3.41 |
| 2026-06-03 | 3.21 |
| 2026-06-02 | 3.10 |
| 2026-06-01 | 3.37 |
| 2026-05-29 | 3.32 |
| 2026-05-28 | 3.37 |
| 2026-05-27 | 3.35 |
| 2026-05-26 | 3.34 |
| 2026-05-22 | 3.26 |
| 2026-05-21 | 3.32 |
| 2026-05-20 | 3.15 |
| 2026-05-19 | 3.07 |
| 2026-05-18 | 3.00 |
| 2026-05-15 | 3.25 |
| 2026-05-14 | 2.81 |
| 2026-05-13 | 2.95 |
| 2026-05-12 | 2.91 |
| 2026-05-11 | 2.89 |
| 2026-05-08 | 2.63 |
| 2026-05-07 | 2.80 |
| 2026-05-06 | 2.79 |
| 2026-05-05 | 2.68 |
| 2026-05-04 | 2.75 |
| 2026-05-01 | 2.95 |
| 2026-04-30 | 3.06 |
| 2026-04-29 | 2.91 |
| 2026-04-28 | 2.91 |
| 2026-04-27 | 2.94 |
| 2026-04-24 | 2.86 |
| 2026-04-23 | 2.80 |
| 2026-04-22 | 3.09 |
| 2026-04-21 | 2.65 |
| 2026-04-20 | 2.72 |
| 2026-04-17 | 2.89 |
| 2026-04-16 | 2.74 |
| 2026-04-15 | 2.58 |
| 2026-04-14 | 2.60 |
| 2026-04-13 | 2.53 |
| 2026-04-10 | 2.57 |
| 2026-04-09 | 2.82 |
| 2026-04-08 | 2.33 |
| 2026-04-07 | 2.32 |
| 2026-04-06 | 2.17 |
| 2026-04-02 | 2.03 |
| 2026-04-01 | 2.00 |
| 2026-03-31 | 1.95 |
| 2026-03-30 | 1.80 |
| 2026-03-27 | 1.78 |