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 8.47 is 36% below its estimated 2-year average of 13.30, near the low end of its estimated 2-year range (0.71–52.53).
As of 2026-10-06T20:37:54.392Z. 60.56% below its estimated 12-month average of 21.47.
Calculation as of: 2026-10-06T20:37:54.392Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: cae73e0f7d7453288b6b30bb28ae33caa2dcc4a3490ac3f0933bc7bc3ce0e433
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
8.47
PB RATIO AVG TTM
21.47
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
-60.56%
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
2.39
median of 760 covered companies
CURRENT VS SECTOR MEDIAN
+254.39%
vs the sector median at left
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Palvella Therapeutics, Inc. (PVLA) | $1.84B | 8.47 | 21.47 | N/A | N/A |
| Astrana Health, Inc. (ASTH)vs › | $1.83B | 2.21 | 1.97 | 2.43 | 2.72 |
| Sarepta Therapeutics, Inc. (SRPT)vs › | $1.83B | 1.20 | 1.54 | 6.88 | 10.42 |
| Immunome, Inc. (IMNM)vs › | $1.85B | 3.52 | 5.14 | 7.43 | 5.74 |
| Azenta, Inc. (AZTA)vs › | $1.81B | 1.20 | 0.82 | 1.06 | 1.61 |
| Novavax, Inc. (NVAX)vs › | $1.86B | N/A | 39.65 | 39.65 | 30.33 |
| LeMaitre Vascular, Inc. (LMAT)vs › | $1.81B | 4.30 | 5.58 | 5.58 | 5.07 |
| Xencor, Inc. (XNCR)vs › | $1.81B | 3.59 | 2.10 | 1.83 | 2.09 |
| Trevi Therapeutics, Inc. (TRVI)vs › | $1.87B | 5.82 | 9.98 | 6.54 | 5.05 |
| BioLife Solutions, Inc. (BLFS)vs › | $1.89B | 4.49 | 3.47 | 3.11 | 2.79 |
At 8.47, P/B is near its estimated 2-year median — higher than 49% of readings in its estimated 2-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 2-year low
0.71
median
8.72
estimated 2-year high
52.53
P/B Ratio
8.47
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 | 8.75 |
| 2026-10-02 | 8.77 |
| 2026-10-01 | 8.79 |
| 2026-09-30 | 9.13 |
| 2026-09-29 | 9.20 |
| 2026-09-28 | 9.26 |
| 2026-09-25 | 9.15 |
| 2026-09-24 | 9.67 |
| 2026-09-23 | 9.90 |
| 2026-09-22 | 10.47 |
| 2026-09-21 | 10.16 |
| 2026-09-18 | 9.97 |
| 2026-09-17 | 10.22 |
| 2026-09-16 | 10.02 |
| 2026-09-15 | 10.01 |
| 2026-09-14 | 10.04 |
| 2026-09-11 | 9.94 |
| 2026-09-10 | 9.96 |
| 2026-09-09 | 10.02 |
| 2026-09-08 | 10.08 |
| 2026-09-04 | 10.41 |
| 2026-09-03 | 10.29 |
| 2026-09-02 | 10.13 |
| 2026-09-01 | 9.97 |
| 2026-08-31 | 10.10 |
| 2026-08-28 | 9.93 |
| 2026-08-27 | 9.95 |
| 2026-08-26 | 10.22 |
| 2026-08-25 | 9.81 |
| 2026-08-24 | 9.65 |
| 2026-08-21 | 9.40 |
| 2026-08-20 | 9.44 |
| 2026-08-19 | 9.93 |
| 2026-08-18 | 9.96 |
| 2026-08-17 | 10.16 |
| 2026-08-14 | 10.34 |
| 2026-08-13 | 10.36 |
| 2026-08-12 | 10.27 |
| 2026-08-11 | 10.21 |
| 2026-08-10 | 10.08 |
| 2026-08-07 | 10.44 |
| 2026-08-06 | 10.26 |
| 2026-08-05 | 10.25 |
| 2026-08-04 | 8.56 |
| 2026-08-03 | 7.93 |
| 2026-07-31 | 7.83 |
| 2026-07-30 | 8.46 |
| 2026-07-29 | 8.03 |
| 2026-07-28 | 8.05 |
| 2026-07-27 | 7.99 |
| 2026-07-24 | 7.77 |
| 2026-07-23 | 8.07 |
| 2026-07-22 | 8.01 |
| 2026-07-21 | 8.11 |
| 2026-07-20 | 6.99 |
| 2026-07-17 | 8.86 |
| 2026-07-16 | 8.32 |
| 2026-07-15 | 8.56 |
| 2026-07-14 | 8.43 |
| 2026-07-13 | 8.23 |
| 2026-07-10 | 8.15 |
| 2026-07-09 | 8.51 |
| 2026-07-08 | 8.18 |
| 2026-07-07 | 8.21 |
| 2026-07-06 | 7.90 |
| 2026-07-02 | 8.27 |
| 2026-07-01 | 7.79 |
| 2026-06-30 | 8.61 |
| 2026-06-29 | 8.72 |
| 2026-06-26 | 8.35 |
| 2026-06-25 | 7.67 |
| 2026-06-24 | 7.31 |
| 2026-06-23 | 6.68 |
| 2026-06-22 | 6.69 |
| 2026-06-18 | 6.37 |
| 2026-06-17 | 6.34 |
| 2026-06-16 | 6.20 |
| 2026-06-15 | 6.56 |
| 2026-06-12 | 6.13 |
| 2026-06-11 | 5.99 |
| 2026-06-10 | 5.76 |
| 2026-06-09 | 5.88 |
| 2026-06-08 | 5.93 |
| 2026-06-05 | 6.12 |
| 2026-06-04 | 6.47 |
| 2026-06-03 | 6.50 |
| 2026-06-02 | 5.90 |
| 2026-06-01 | 6.34 |
| 2026-05-29 | 6.67 |
| 2026-05-28 | 6.53 |
| 2026-05-27 | 6.55 |
| 2026-05-26 | 6.62 |
| 2026-05-22 | 6.42 |
| 2026-05-21 | 6.53 |
| 2026-05-20 | 6.51 |
| 2026-05-19 | 6.15 |
| 2026-05-18 | 5.92 |
| 2026-05-15 | 6.43 |
| 2026-05-14 | 6.70 |
| 2026-05-13 | 6.79 |
| 2026-05-12 | 7.09 |
| 2026-05-11 | 6.88 |
| 2026-05-08 | 6.83 |
| 2026-05-07 | 45.54 |
| 2026-05-06 | 52.34 |
| 2026-05-05 | 52.06 |
| 2026-05-04 | 51.31 |
| 2026-05-01 | 51.00 |
| 2026-04-30 | 51.59 |
| 2026-04-29 | 49.23 |
| 2026-04-28 | 50.65 |
| 2026-04-27 | 51.72 |
| 2026-04-24 | 49.69 |
| 2026-04-23 | 51.08 |
| 2026-04-22 | 52.53 |
| 2026-04-21 | 52.53 |
| 2026-04-20 | 52.00 |
| 2026-04-17 | 52.27 |
| 2026-04-16 | 49.93 |
| 2026-04-15 | 51.72 |
| 2026-04-14 | 52.08 |
| 2026-04-13 | 51.87 |
| 2026-04-10 | 51.11 |
| 2026-04-09 | 52.35 |
| 2026-04-08 | 49.52 |
| 2026-04-07 | 48.26 |
| 2026-04-06 | 48.19 |
| 2026-04-02 | 49.64 |
| 2026-04-01 | 48.40 |
| 2026-03-31 | 35.65 |
| 2026-03-30 | 31.65 |
| 2026-03-27 | 32.14 |
| 2026-03-26 | 33.64 |
| 2026-03-25 | 34.44 |
| 2026-03-24 | 33.25 |
| 2026-03-23 | 33.48 |
| 2026-03-20 | 32.18 |
| 2026-03-19 | 32.58 |
| 2026-03-18 | 32.67 |
| 2026-03-17 | 34.55 |
| 2026-03-16 | 36.05 |
| 2026-03-13 | 34.91 |
| 2026-03-12 | 39.07 |
| 2026-03-11 | 39.96 |
| 2026-03-10 | 40.65 |
| 2026-03-09 | 39.10 |
| 2026-03-06 | 38.44 |
| 2026-03-05 | 38.60 |
| 2026-03-04 | 38.75 |
| 2026-03-03 | 37.62 |
| 2026-03-02 | 37.93 |
| 2026-02-27 | 38.62 |
| 2026-02-26 | 42.43 |
| 2026-02-25 | 36.78 |
| 2026-02-24 | 34.44 |
| 2026-02-23 | 25.13 |
| 2026-02-20 | 24.50 |
| 2026-02-19 | 23.55 |
| 2026-02-18 | 22.77 |
| 2026-02-17 | 22.91 |
| 2026-02-13 | 23.32 |
| 2026-02-12 | 23.46 |
| 2026-02-11 | 22.64 |
| 2026-02-10 | 23.17 |
| 2026-02-09 | 22.28 |
| 2026-02-06 | 23.51 |
| 2026-02-05 | 21.86 |
| 2026-02-04 | 23.46 |
| 2026-02-03 | 22.86 |
| 2026-02-02 | 22.85 |
| 2026-01-30 | 21.94 |
| 2026-01-29 | 23.43 |
| 2026-01-28 | 22.51 |
| 2026-01-27 | 24.02 |
| 2026-01-26 | 24.88 |
| 2026-01-23 | 24.40 |
| 2026-01-22 | 26.34 |
| 2026-01-21 | 26.86 |
| 2026-01-20 | 28.03 |
| 2026-01-16 | 28.53 |
| 2026-01-15 | 29.74 |
| 2026-01-14 | 30.12 |
| 2026-01-13 | 29.62 |
| 2026-01-12 | 28.74 |
| 2026-01-09 | 26.43 |
| 2026-01-08 | 27.85 |
| 2026-01-07 | 28.90 |
| 2026-01-06 | 25.87 |
| 2026-01-05 | 25.30 |
| 2026-01-02 | 28.68 |
| 2025-12-31 | 29.94 |
| 2025-12-30 | 28.57 |
| 2025-12-29 | 28.93 |
| 2025-12-26 | 29.57 |
| 2025-12-24 | 30.27 |
| 2025-12-23 | 28.68 |
| 2025-12-22 | 31.20 |
| 2025-12-19 | 28.53 |
| 2025-12-18 | 27.53 |
| 2025-12-17 | 26.32 |
| 2025-12-16 | 27.69 |
| 2025-12-15 | 25.45 |
| 2025-12-12 | 28.20 |
| 2025-12-11 | 27.68 |
| 2025-12-10 | 27.87 |
| 2025-12-09 | 28.31 |
| 2025-12-08 | 28.86 |
| 2025-12-05 | 28.74 |
| 2025-12-04 | 26.83 |
| 2025-12-03 | 26.29 |
| 2025-12-02 | 26.20 |
| 2025-12-01 | 27.04 |
| 2025-11-28 | 29.40 |
| 2025-11-26 | 28.60 |
| 2025-11-25 | 27.14 |
| 2025-11-24 | 28.04 |
| 2025-11-21 | 26.91 |
| 2025-11-20 | 26.18 |
| 2025-11-19 | 27.72 |
| 2025-11-18 | 23.72 |
| 2025-11-17 | 23.35 |
| 2025-11-14 | 23.95 |
| 2025-11-13 | 23.03 |
| 2025-11-12 | 18.86 |
| 2025-11-11 | 18.01 |
| 2025-11-10 | 18.57 |
| 2025-11-07 | 18.00 |
| 2025-11-06 | 18.19 |
| 2025-11-05 | 17.52 |
| 2025-11-04 | 17.36 |
| 2025-11-03 | 17.78 |
| 2025-10-31 | 18.47 |
| 2025-10-30 | 18.14 |
| 2025-10-29 | 17.39 |
| 2025-10-28 | 17.00 |
| 2025-10-27 | 16.29 |
| 2025-10-24 | 16.89 |
| 2025-10-23 | 16.49 |
| 2025-10-22 | 16.96 |
| 2025-10-21 | 17.50 |
| 2025-10-20 | 17.97 |
| 2025-10-17 | 16.92 |
| 2025-10-16 | 16.92 |
| 2025-10-15 | 17.65 |
| 2025-10-14 | 17.01 |
| 2025-10-13 | 17.63 |
| 2025-10-10 | 16.17 |
| 2025-10-09 | 16.21 |
| 2025-10-08 | 17.31 |
| 2025-10-07 | 16.36 |
| 2025-10-06 | 15.72 |
| 2025-10-03 | 15.22 |
| 2025-10-02 | 14.49 |
| 2025-10-01 | 14.63 |
| 2025-09-30 | 14.50 |
| 2025-09-29 | 14.40 |
| 2025-09-26 | 13.78 |
| 2025-09-25 | 13.35 |
| 2025-09-24 | 13.62 |
| 2025-09-23 | 13.11 |
Showing the most recent 260 of 455 data points. The chart above shows the full history.