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 2.17 is in line with its estimated 5-year average of 2.15, near the low end of its estimated 5-year range (0.60–86.85).
As of 2026-09-23T17:08:00.243Z. 81.90% below its estimated 12-month average of 11.99.
Calculation as of: 2026-09-23T17:08:00.243Z.
Quote observation: 2026-09-23T17:05:30.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: ec6d72f88f2b026545ef5b2bdd3f657b4988e4ff75dd71641ea5a631f8d2f45a
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 2026-03-19.
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
2.17
PB RATIO AVG TTM
11.99
PB RATIO AVG 3Y
3.24
PB RATIO AVG 5Y
2.15
PB RATIO AVG 10Y
4.83
PB RATIO AVG 15Y
4.94
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-81.90%
CURRENT VS 3Y AVG
-32.98%
CURRENT VS 5Y AVG
+1.08%
CURRENT VS 10Y AVG
-55.05%
CURRENT VS 15Y AVG
-56.04%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
5.05
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
-57.03%
vs the sector median at left
Market Cap
$1.06B
PB Ratio
5.22
TTM Avg
8.78
3Y Avg
17.62
5Y Avg
17.62
Market Cap
$308.55M
PB Ratio
0.84
TTM Avg
2.35
3Y Avg
15.26
5Y Avg
15.26
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Red Cat Holdings, Inc. (RCAT) | $1.02B | 2.17 | 11.99 | 3.24 | 2.15 |
| Upwork Inc. (UPWK)vs › | $1.03B | 1.68 | 3.09 | 4.04 | 6.38 |
| Power Solutions International, Inc. (PSIX)vs › | $1.06B | 5.22 | 8.78 | 17.62 | 17.62 |
| Kforce Inc. (KFRC)vs › | $937.00M | 7.58 | 5.30 | 6.23 | 6.51 |
| T1 Energy Inc (TE)vs › | $1.16B | 4.20 | 4.45 | 1.85 | 1.96 |
| Ameresco, Inc. (AMRC)vs › | $1.24B | 0.92 | 1.47 | 1.45 | 2.57 |
| FuelCell Energy, Inc. (FCEL)vs › | $1.39B | 1.42 | 0.78 | 0.87 | 2.66 |
| Deep Fission, Inc. (FISN)vs › | $471.20M | 4.77 | 4.27 | 4.27 | 4.27 |
| Richtech Robotics Inc. Class B Common Stock (RR)vs › | $308.55M | 0.84 | 2.35 | 15.26 | 15.26 |
| SCHMID Group N.V. Class A Ordinary Shares (SHMD)vs › | $243.33M | N/A | N/A | N/A | N/A |
At 2.17, P/B is near its estimated 14-year median — higher than 47% of readings in its estimated 14-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 14-year low
0.03
median
2.79
estimated 14-year high
11876.65
P/B Ratio
2.17
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 |
|---|---|
| 2026-03-19 | 5.95 |
| 2026-03-18 | 6.68 |
| 2026-03-17 | 6.67 |
| 2026-03-16 | 6.11 |
| 2026-03-13 | 6.24 |
| 2026-03-12 | 6.35 |
| 2026-03-11 | 6.35 |
| 2026-03-10 | 5.77 |
| 2026-03-09 | 5.54 |
| 2026-03-06 | 6.04 |
| 2026-03-05 | 5.93 |
| 2026-03-04 | 5.79 |
| 2026-03-03 | 5.78 |
| 2026-03-02 | 5.37 |
| 2026-02-27 | 4.58 |
| 2026-02-26 | 5.11 |
| 2026-02-25 | 4.88 |
| 2026-02-24 | 5.06 |
| 2026-02-23 | 5.03 |
| 2026-02-20 | 4.90 |
| 2026-02-19 | 5.04 |
| 2026-02-18 | 4.75 |
| 2026-02-17 | 4.48 |
| 2026-02-13 | 4.47 |
| 2026-02-12 | 4.42 |
| 2026-02-11 | 4.72 |
| 2026-02-10 | 4.96 |
| 2026-02-09 | 5.39 |
| 2026-02-06 | 4.97 |
| 2026-02-05 | 4.45 |
| 2026-02-04 | 4.97 |
| 2026-02-03 | 5.60 |
| 2026-02-02 | 5.36 |
| 2026-01-30 | 5.31 |
| 2026-01-29 | 5.87 |
| 2026-01-28 | 6.44 |
| 2026-01-27 | 6.16 |
| 2026-01-26 | 5.60 |
| 2026-01-23 | 6.31 |
| 2026-01-22 | 6.83 |
| 2026-01-21 | 6.14 |
| 2026-01-20 | 5.67 |
| 2026-01-16 | 5.37 |
| 2026-01-15 | 5.52 |
| 2026-01-14 | 5.37 |
| 2026-01-13 | 5.13 |
| 2026-01-12 | 4.69 |
| 2026-01-09 | 4.60 |
| 2026-01-08 | 4.65 |
| 2026-01-07 | 4.11 |
| 2026-01-06 | 4.25 |
| 2026-01-05 | 4.29 |
| 2026-01-02 | 3.60 |
| 2025-12-31 | 3.12 |
| 2025-12-30 | 3.06 |
| 2025-12-29 | 3.07 |
| 2025-12-26 | 3.26 |
| 2025-12-24 | 3.57 |
| 2025-12-23 | 3.61 |
| 2025-12-22 | 3.63 |
| 2025-12-19 | 3.17 |
| 2025-12-18 | 2.83 |
| 2025-12-17 | 2.71 |
| 2025-12-16 | 2.90 |
| 2025-12-15 | 2.94 |
| 2025-12-12 | 3.16 |
| 2025-12-11 | 3.46 |
| 2025-12-10 | 3.29 |
| 2025-12-09 | 3.39 |
| 2025-12-08 | 3.25 |
| 2025-12-05 | 3.15 |
| 2025-12-04 | 3.27 |
| 2025-12-03 | 2.97 |
| 2025-12-02 | 2.74 |
| 2025-12-01 | 2.74 |
| 2025-11-28 | 2.92 |
| 2025-11-26 | 2.88 |
| 2025-11-25 | 2.86 |
| 2025-11-24 | 2.84 |
| 2025-11-21 | 2.50 |
| 2025-11-20 | 2.41 |
| 2025-11-19 | 2.60 |
| 2025-11-18 | 2.79 |
| 2025-11-17 | 2.66 |
| 2025-11-14 | 2.82 |
| 2025-11-13 | 7.39 |
| 2025-11-12 | 8.18 |
| 2025-11-11 | 8.28 |
| 2025-11-10 | 8.75 |
| 2025-11-07 | 8.87 |
| 2025-11-06 | 8.23 |
| 2025-11-05 | 8.98 |
| 2025-11-04 | 9.06 |
| 2025-11-03 | 9.80 |
| 2025-10-31 | 10.75 |
| 2025-10-30 | 10.09 |
| 2025-10-29 | 10.87 |
| 2025-10-28 | 10.58 |
| 2025-10-27 | 10.96 |
| 2025-10-24 | 10.65 |
| 2025-10-23 | 9.69 |
| 2025-10-22 | 9.54 |
| 2025-10-21 | 10.44 |
| 2025-10-20 | 11.05 |
| 2025-10-17 | 11.22 |
| 2025-10-16 | 12.29 |
| 2025-10-15 | 14.01 |
| 2025-10-14 | 14.58 |
| 2025-10-13 | 14.69 |
| 2025-10-10 | 12.53 |
| 2025-10-09 | 14.01 |
| 2025-10-08 | 13.71 |
| 2025-10-07 | 14.13 |
| 2025-10-06 | 13.93 |
| 2025-10-03 | 12.31 |
| 2025-10-02 | 11.01 |
| 2025-10-01 | 10.00 |
| 2025-09-30 | 9.89 |
| 2025-09-29 | 9.71 |
| 2025-09-26 | 9.69 |
| 2025-09-25 | 9.72 |
| 2025-09-24 | 9.92 |
| 2025-09-23 | 11.24 |
| 2025-09-22 | 10.81 |
| 2025-09-19 | 9.99 |
| 2025-09-18 | 9.59 |
| 2025-09-17 | 10.77 |
| 2025-09-16 | 10.35 |
| 2025-09-15 | 10.05 |
| 2025-09-12 | 10.50 |
| 2025-09-11 | 10.51 |
| 2025-09-10 | 8.14 |
| 2025-09-09 | 8.23 |
| 2025-09-08 | 8.47 |
| 2025-09-05 | 8.14 |
| 2025-09-04 | 8.13 |
| 2025-09-03 | 8.19 |
| 2025-09-02 | 8.48 |
| 2025-08-29 | 8.54 |
| 2025-08-28 | 8.64 |
| 2025-08-27 | 8.58 |
| 2025-08-26 | 8.97 |
| 2025-08-25 | 9.62 |
| 2025-08-22 | 9.38 |
| 2025-08-21 | 9.30 |
| 2025-08-20 | 8.59 |
| 2025-08-19 | 8.61 |
| 2025-08-18 | 8.78 |
| 2025-08-15 | 8.03 |
| 2025-08-14 | 27.71 |
| 2025-08-13 | 27.77 |
| 2025-08-12 | 28.10 |
| 2025-08-11 | 27.71 |
| 2025-08-08 | 27.59 |
| 2025-08-07 | 27.59 |
| 2025-08-06 | 28.04 |
| 2025-08-05 | 29.60 |
| 2025-08-04 | 26.11 |
| 2025-08-01 | 24.25 |
| 2025-07-31 | 24.49 |
| 2025-07-30 | 24.22 |
| 2025-07-29 | 24.37 |
| 2025-07-28 | 26.77 |
| 2025-07-25 | 27.98 |
| 2025-07-24 | 29.28 |
| 2025-07-23 | 28.27 |
| 2025-07-22 | 26.56 |
| 2025-07-21 | 27.83 |
| 2025-07-18 | 33.33 |
| 2025-07-17 | 36.11 |
| 2025-07-16 | 33.89 |
| 2025-07-15 | 30.37 |
| 2025-07-14 | 30.55 |
| 2025-07-11 | 25.35 |
| 2025-07-10 | 20.05 |
| 2025-07-09 | 20.38 |
| 2025-07-08 | 20.41 |
| 2025-07-07 | 20.08 |
| 2025-07-03 | 20.94 |
| 2025-07-02 | 21.12 |
| 2025-07-01 | 20.47 |
| 2025-06-30 | 21.53 |
| 2025-06-27 | 21.21 |
| 2025-06-26 | 22.12 |
| 2025-06-25 | 20.94 |
| 2025-06-24 | 21.12 |
| 2025-06-23 | 21.23 |
| 2025-06-20 | 20.32 |
| 2025-06-18 | 21.59 |
| 2025-06-17 | 21.65 |
| 2025-06-16 | 27.18 |
| 2025-06-13 | 24.67 |
| 2025-06-12 | 25.88 |
| 2025-06-11 | 24.93 |
| 2025-06-10 | 25.41 |
| 2025-06-09 | 26.03 |
| 2025-06-06 | 24.13 |
| 2025-06-05 | 21.65 |
| 2025-06-04 | 23.87 |
| 2025-06-03 | 20.50 |
| 2025-06-02 | 19.11 |
| 2025-05-30 | 17.60 |
| 2025-05-29 | 17.72 |
| 2025-05-28 | 18.13 |
| 2025-05-27 | 18.69 |
| 2025-05-23 | 20.17 |
| 2025-05-22 | 19.90 |
| 2025-05-21 | 18.78 |
| 2025-05-20 | 20.05 |
| 2025-05-19 | 20.35 |
| 2025-05-16 | 20.35 |
| 2025-05-15 | 19.19 |
| 2024-12-31 | 36.22 |
| 2024-12-30 | 39.72 |
| 2024-12-27 | 34.56 |
| 2024-12-26 | 37.80 |
| 2024-12-24 | 33.51 |
| 2024-12-23 | 31.09 |
| 2024-12-20 | 30.30 |
| 2024-12-19 | 25.62 |
| 2024-12-18 | 22.97 |
| 2024-12-17 | 27.26 |
| 2024-12-16 | 16.97 |
| 2024-12-13 | 13.37 |
| 2024-12-12 | 11.68 |
| 2024-12-11 | 11.84 |
| 2024-12-10 | 12.50 |
| 2024-12-09 | 12.47 |
| 2024-12-06 | 13.27 |
| 2024-12-05 | 14.06 |
| 2024-12-04 | 13.63 |
| 2024-12-03 | 14.91 |
| 2024-12-02 | 17.17 |
| 2024-11-29 | 19.11 |
| 2024-11-27 | 15.05 |
| 2024-11-26 | 13.58 |
| 2024-11-25 | 15.61 |
| 2024-11-22 | 14.57 |
| 2024-11-21 | 11.86 |
| 2024-11-20 | 10.34 |
| 2024-11-19 | 7.70 |
| 2024-11-18 | 7.96 |
| 2024-11-15 | 7.63 |
| 2024-11-14 | 6.53 |
| 2024-11-13 | 6.20 |
| 2024-11-12 | 6.45 |
| 2024-11-11 | 6.09 |
| 2024-11-08 | 5.91 |
| 2024-11-07 | 5.80 |
| 2024-11-06 | 5.41 |
| 2024-11-05 | 5.55 |
| 2024-11-04 | 5.31 |
| 2024-11-01 | 4.97 |
| 2024-10-31 | 4.97 |
| 2024-10-30 | 5.15 |
| 2024-10-29 | 5.33 |
| 2024-10-28 | 4.97 |
| 2024-10-25 | 4.37 |
| 2024-10-24 | 4.42 |
| 2024-10-23 | 4.43 |
Showing the most recent 260 of 2,375 data points. The chart above shows the full history.
