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 2.15 is 10% below its estimated 5-year average of 2.39, near the low end of its estimated 5-year range (0.13–124.68).
As of 2026-10-06T16:34:01.514Z. 41.96% below its estimated 12-month average of 3.70.
Calculation as of: 2026-10-06T16:34:01.514Z.
Quote observation: 2026-10-06T16:30:41.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 789431897149b7eb66dfe5c794b774a541b173055368acfdd0e045abcb2ddd87
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
2.15
PB RATIO AVG TTM
3.70
PB RATIO AVG 3Y
2.32
PB RATIO AVG 5Y
2.39
PB RATIO AVG 10Y
713.48
PB RATIO AVG 15Y
5875.50
PB RATIO AVG 20Y
8098.77
CURRENT VS TTM AVG
-41.96%
CURRENT VS 3Y AVG
-7.48%
CURRENT VS 5Y AVG
-10.17%
CURRENT VS 10Y AVG
-99.70%
CURRENT VS 15Y AVG
-99.96%
CURRENT VS 20Y AVG
-99.97%
SECTOR MEDIAN · HEALTHCARE
2.38
median of 668 covered companies
CURRENT VS SECTOR MEDIAN
-9.85%
vs the sector median at left
Market Cap
$263.05M
PB Ratio
1.12
TTM Avg
2.71
3Y Avg
2.16
5Y Avg
2.16
Market Cap
$265.83M
PB Ratio
2.62
TTM Avg
4.86
3Y Avg
12.57
5Y Avg
12.57
Market Cap
$266.71M
PB Ratio
1.74
TTM Avg
1.99
3Y Avg
1.58
5Y Avg
1.19
Market Cap
$267.03M
PB Ratio
1.60
TTM Avg
4.41
3Y Avg
4.27
5Y Avg
3.70
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Palisade Bio, Inc. (PALI) | $261.24M | 2.15 | 3.70 | 2.32 | 2.39 |
| AC Immune S.A. (ACIU)vs › | $260.03M | 5.98 | 5.23 | 3.10 | 2.40 |
| Lexeo Therapeutics, Inc. Common Stock (LXEO)vs › | $263.05M | 1.12 | 2.71 | 2.16 | 2.16 |
| Anika Therapeutics, Inc. (ANIK)vs › | $257.22M | 1.87 | 1.39 | 1.39 | 1.40 |
| Eupraxia Pharmaceuticals Inc. (EPRX)vs › | $265.83M | 2.62 | 4.86 | 12.57 | 12.57 |
| Inhibikase Therapeutics, Inc. (IKT)vs › | $266.71M | 1.74 | 1.99 | 1.58 | 1.19 |
| OraSure Technologies, Inc. (OSUR)vs › | $266.66M | 0.84 | 0.69 | 0.78 | 0.94 |
| EyePoint Pharmaceuticals, Inc. (EYPT)vs › | $267.03M | 1.60 | 4.41 | 4.27 | 3.70 |
| Century Therapeutics, Inc. (IPSC)vs › | $251.69M | 1.08 | 0.90 | 0.70 | 0.92 |
| Sol-Gel Technologies Ltd. (SLGL)vs › | $250.93M | 5.22 | 5.91 | 5.81 | 14.71 |
At 2.15, P/B is at an extreme level, where the multiple carries little signal — higher than 14% of readings in its estimated 19-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 19-year low
0.13
median
6900.78
estimated 19-year high
64097.42
P/B Ratio
2.15
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 | 2.53 |
| 2026-10-02 | 2.50 |
| 2026-10-01 | 2.48 |
| 2026-09-30 | 2.34 |
| 2026-09-29 | 2.52 |
| 2026-09-28 | 2.60 |
| 2026-09-25 | 2.52 |
| 2026-09-24 | 2.73 |
| 2026-09-23 | 2.78 |
| 2026-09-22 | 2.93 |
| 2026-09-21 | 2.93 |
| 2026-09-18 | 2.76 |
| 2026-09-17 | 2.95 |
| 2026-09-16 | 2.93 |
| 2026-09-15 | 3.51 |
| 2026-09-14 | 3.56 |
| 2026-09-11 | 3.58 |
| 2026-09-10 | 3.49 |
| 2026-09-09 | 3.56 |
| 2026-09-08 | 3.82 |
| 2026-09-04 | 3.63 |
| 2026-09-03 | 3.56 |
| 2026-09-02 | 3.46 |
| 2026-09-01 | 3.40 |
| 2026-08-31 | 3.39 |
| 2026-08-28 | 3.47 |
| 2026-08-27 | 3.66 |
| 2026-08-26 | 3.70 |
| 2026-08-25 | 3.59 |
| 2026-08-24 | 3.49 |
| 2026-08-21 | 3.65 |
| 2026-08-20 | 3.58 |
| 2026-08-19 | 3.75 |
| 2026-08-18 | 3.54 |
| 2026-08-17 | 3.73 |
| 2026-08-14 | 3.72 |
| 2026-08-13 | 3.73 |
| 2026-08-12 | 3.40 |
| 2026-08-11 | 3.72 |
| 2026-08-10 | 3.46 |
| 2026-08-07 | 3.47 |
| 2026-08-06 | 3.44 |
| 2026-08-05 | 3.49 |
| 2026-08-04 | 3.41 |
| 2026-08-03 | 3.19 |
| 2026-07-31 | 3.13 |
| 2026-07-30 | 3.23 |
| 2026-07-29 | 3.23 |
| 2026-07-28 | 3.33 |
| 2026-07-27 | 3.34 |
| 2026-07-24 | 3.21 |
| 2026-07-23 | 3.33 |
| 2026-07-22 | 3.13 |
| 2026-07-21 | 3.16 |
| 2026-07-20 | 3.14 |
| 2026-07-17 | 3.24 |
| 2026-07-16 | 3.11 |
| 2026-07-15 | 3.34 |
| 2026-07-14 | 3.18 |
| 2026-07-13 | 3.11 |
| 2026-07-10 | 3.23 |
| 2026-07-09 | 3.24 |
| 2026-07-08 | 3.37 |
| 2026-07-07 | 3.42 |
| 2026-07-06 | 3.36 |
| 2026-07-02 | 3.46 |
| 2026-07-01 | 3.24 |
| 2026-06-30 | 3.44 |
| 2026-06-29 | 3.67 |
| 2026-06-26 | 3.11 |
| 2026-06-25 | 2.96 |
| 2026-06-24 | 3.16 |
| 2026-06-23 | 3.19 |
| 2026-06-22 | 3.03 |
| 2026-06-18 | 3.08 |
| 2026-06-17 | 2.90 |
| 2026-06-16 | 2.93 |
| 2026-06-15 | 2.78 |
| 2026-06-12 | 2.82 |
| 2026-06-11 | 2.93 |
| 2026-06-10 | 2.77 |
| 2026-06-09 | 2.78 |
| 2026-06-08 | 2.86 |
| 2026-06-05 | 2.86 |
| 2026-06-04 | 3.18 |
| 2026-06-03 | 3.18 |
| 2026-06-02 | 3.06 |
| 2026-06-01 | 3.42 |
| 2026-05-29 | 3.49 |
| 2026-05-28 | 3.39 |
| 2026-05-27 | 3.41 |
| 2026-05-26 | 3.28 |
| 2026-05-22 | 3.21 |
| 2026-05-21 | 3.31 |
| 2026-05-20 | 3.09 |
| 2026-05-19 | 2.98 |
| 2026-05-18 | 2.98 |
| 2026-05-15 | 3.01 |
| 2026-05-14 | 2.98 |
| 2026-05-13 | 3.08 |
| 2026-05-12 | 0.83 |
| 2026-05-11 | 0.83 |
| 2026-05-08 | 0.77 |
| 2026-05-07 | 0.86 |
| 2026-05-06 | 0.86 |
| 2026-05-05 | 0.85 |
| 2026-05-04 | 0.92 |
| 2026-05-01 | 0.86 |
| 2026-04-30 | 0.86 |
| 2026-04-29 | 0.83 |
| 2026-04-28 | 0.84 |
| 2026-04-27 | 0.84 |
| 2026-04-24 | 0.89 |
| 2026-04-23 | 0.93 |
| 2026-04-22 | 1.01 |
| 2026-04-21 | 1.20 |
| 2026-04-20 | 1.08 |
| 2026-04-17 | 1.03 |
| 2026-04-16 | 1.00 |
| 2026-04-15 | 1.01 |
| 2026-04-14 | 0.89 |
| 2026-04-13 | 0.86 |
| 2026-04-10 | 0.78 |
| 2026-04-09 | 0.85 |
| 2026-04-08 | 0.80 |
| 2026-04-07 | 0.82 |
| 2026-04-06 | 0.83 |
| 2026-04-02 | 0.81 |
| 2026-04-01 | 0.81 |
| 2026-03-31 | 0.75 |
| 2026-03-30 | 0.77 |
| 2026-03-27 | 0.86 |
| 2026-03-26 | 0.84 |
| 2026-03-25 | 0.86 |
| 2026-03-24 | 0.86 |
| 2026-03-23 | 0.82 |
| 2026-03-20 | 4.40 |
| 2026-03-19 | 4.63 |
| 2026-03-18 | 4.59 |
| 2026-03-17 | 4.63 |
| 2026-03-16 | 4.63 |
| 2026-03-13 | 4.52 |
| 2026-03-12 | 4.73 |
| 2026-03-11 | 4.66 |
| 2026-03-10 | 4.47 |
| 2026-03-09 | 4.05 |
| 2026-03-06 | 3.80 |
| 2026-03-05 | 3.82 |
| 2026-03-04 | 4.05 |
| 2026-03-03 | 3.93 |
| 2026-03-02 | 4.21 |
| 2026-02-27 | 4.12 |
| 2026-02-26 | 4.31 |
| 2026-02-25 | 4.42 |
| 2026-02-24 | 4.17 |
| 2026-02-23 | 3.75 |
| 2026-02-20 | 3.73 |
| 2026-02-19 | 3.80 |
| 2026-02-18 | 3.93 |
| 2026-02-17 | 3.96 |
| 2026-02-13 | 4.03 |
| 2026-02-12 | 4.05 |
| 2026-02-11 | 4.05 |
| 2026-02-10 | 4.03 |
| 2026-02-09 | 4.00 |
| 2026-02-06 | 3.82 |
| 2026-02-05 | 3.49 |
| 2026-02-04 | 3.68 |
| 2026-02-03 | 3.87 |
| 2026-02-02 | 3.75 |
| 2026-01-30 | 3.47 |
| 2026-01-29 | 3.75 |
| 2026-01-28 | 3.89 |
| 2026-01-27 | 4.21 |
| 2026-01-26 | 4.21 |
| 2026-01-23 | 4.45 |
| 2026-01-22 | 4.31 |
| 2026-01-21 | 4.07 |
| 2026-01-20 | 4.40 |
| 2026-01-16 | 3.87 |
| 2026-01-15 | 4.07 |
| 2026-01-14 | 4.54 |
| 2026-01-13 | 4.40 |
| 2026-01-12 | 4.42 |
| 2026-01-09 | 4.63 |
| 2026-01-08 | 4.42 |
| 2026-01-07 | 4.70 |
| 2026-01-06 | 4.47 |
| 2026-01-05 | 4.89 |
| 2026-01-02 | 5.82 |
| 2025-12-31 | 5.47 |
| 2025-12-30 | 5.49 |
| 2025-12-29 | 5.77 |
| 2025-12-26 | 5.01 |
| 2025-12-24 | 5.12 |
| 2025-12-23 | 4.87 |
| 2025-12-22 | 4.84 |
| 2025-12-19 | 4.26 |
| 2025-12-18 | 3.89 |
| 2025-12-17 | 3.91 |
| 2025-12-16 | 4.00 |
| 2025-12-15 | 4.21 |
| 2025-12-12 | 4.52 |
| 2025-12-11 | 5.12 |
| 2025-12-10 | 4.89 |
| 2025-12-09 | 4.42 |
| 2025-12-08 | 4.21 |
| 2025-12-05 | 4.19 |
| 2025-12-04 | 4.19 |
| 2025-12-03 | 3.93 |
| 2025-12-02 | 4.26 |
| 2025-12-01 | 4.35 |
| 2025-11-28 | 4.91 |
| 2025-11-26 | 5.19 |
| 2025-11-25 | 5.01 |
| 2025-11-24 | 5.31 |
| 2025-11-21 | 4.96 |
| 2025-11-20 | 5.45 |
| 2025-11-19 | 5.05 |
| 2025-11-18 | 4.82 |
| 2025-11-17 | 4.82 |
| 2025-11-14 | 4.98 |
| 2025-11-13 | 4.35 |
| 2025-11-12 | 4.75 |
| 2025-11-11 | 4.24 |
| 2025-11-10 | 3.24 |
| 2025-11-07 | 3.08 |
| 2025-11-06 | 3.04 |
| 2025-11-05 | 3.08 |
| 2025-11-04 | 3.37 |
| 2025-11-03 | 3.66 |
| 2025-10-31 | 3.79 |
| 2025-10-30 | 3.55 |
| 2025-10-29 | 3.88 |
| 2025-10-28 | 3.39 |
| 2025-10-27 | 3.04 |
| 2025-10-24 | 3.19 |
| 2025-10-23 | 3.24 |
| 2025-10-22 | 2.99 |
| 2025-10-21 | 3.24 |
| 2025-10-20 | 3.41 |
| 2025-10-17 | 3.19 |
| 2025-10-16 | 3.17 |
| 2025-10-15 | 3.17 |
| 2025-10-14 | 3.39 |
| 2025-10-13 | 3.39 |
| 2025-10-10 | 3.66 |
| 2025-10-09 | 3.85 |
| 2025-10-08 | 3.66 |
| 2025-10-07 | 3.08 |
| 2025-10-06 | 3.50 |
| 2025-10-03 | 2.93 |
| 2025-10-02 | 3.12 |
| 2025-10-01 | 2.40 |
| 2025-09-30 | 1.58 |
| 2025-09-29 | 1.69 |
| 2025-09-26 | 1.65 |
| 2025-09-25 | 1.42 |
| 2025-09-24 | 1.25 |
| 2025-09-23 | 1.16 |
Showing the most recent 260 of 4,214 data points. The chart above shows the full history.
