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 10.56 is 25% below its estimated 5-year average of 14.17, near the low end of its estimated 5-year range (2.32–60.25).
As of 2026-09-17T00:15:57.000Z. 62.15% below its estimated 12-month average of 27.90.
Calculation as of: 2026-09-17T00:15:57.000Z.
Quote observation: 2026-09-16T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4a7e7e95e98918a56e227ffb54f08f4ece361ced1499282bb57998066d122697
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
10.56
PB RATIO AVG TTM
27.90
PB RATIO AVG 3Y
20.28
PB RATIO AVG 5Y
14.17
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-62.15%
CURRENT VS 3Y AVG
-47.93%
CURRENT VS 5Y AVG
-25.46%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
4.98
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
+112.05%
vs the sector median at left
Market Cap
$36.26B
PB Ratio
7.97
TTM Avg
8.98
3Y Avg
9.53
5Y Avg
9.69
Market Cap
$34.50B
PB Ratio
2.07
TTM Avg
2.31
3Y Avg
2.08
5Y Avg
2.39
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rocket Lab USA, Inc. (RKLB) | $36.87B | 10.56 | 27.90 | 20.28 | 14.17 |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $36.26B | 7.97 | 8.98 | 9.53 | 9.69 |
| Axon Enterprise, Inc. (AXON)vs › | $37.76B | 10.27 | 14.43 | 16.27 | 13.56 |
| United Airlines Holdings, Inc. (UAL)vs › | $34.50B | 2.07 | 2.31 | 2.08 | 2.39 |
| Waste Connections, Inc. (WCN)vs › | $39.45B | 4.98 | 5.28 | 5.52 | 5.30 |
| Ferrovial SE (FER)vs › | $39.98B | 6.12 | 6.95 | 6.49 | 5.79 |
| EMCOR Group, Inc. (EME)vs › | $32.62B | 8.00 | 9.35 | 7.57 | 5.93 |
| Paychex, Inc. (PAYX)vs › | $41.52B | 11.11 | 9.91 | 11.70 | 12.43 |
| Ferguson plc (FERG)vs › | $41.57B | 6.70 | 7.94 | 7.44 | 6.92 |
| HEICO Corporation (HEI)vs › | $41.72B | 8.43 | 10.21 | 9.66 | 9.25 |
At 10.56, P/B is near its estimated 5-year median — higher than 60% of readings in its estimated 5-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 5-year low
2.32
median
5.76
estimated 5-year high
60.25
P/B Ratio
10.56
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 | 11.35 |
| 2026-09-10 | 11.17 |
| 2026-09-09 | 11.37 |
| 2026-09-08 | 11.88 |
| 2026-09-04 | 11.59 |
| 2026-09-03 | 11.51 |
| 2026-09-02 | 11.38 |
| 2026-09-01 | 11.28 |
| 2026-08-31 | 11.53 |
| 2026-08-28 | 11.61 |
| 2026-08-27 | 12.18 |
| 2026-08-26 | 11.93 |
| 2026-08-25 | 12.06 |
| 2026-08-24 | 12.31 |
| 2026-08-21 | 13.09 |
| 2026-08-20 | 13.15 |
| 2026-08-19 | 13.67 |
| 2026-08-18 | 14.27 |
| 2026-08-17 | 14.80 |
| 2026-08-14 | 14.47 |
| 2026-08-13 | 14.44 |
| 2026-08-12 | 14.64 |
| 2026-08-11 | 14.43 |
| 2026-08-10 | 21.40 |
| 2026-08-07 | 22.15 |
| 2026-08-06 | 20.23 |
| 2026-08-05 | 20.00 |
| 2026-08-04 | 19.91 |
| 2026-08-03 | 18.83 |
| 2026-07-31 | 17.37 |
| 2026-07-30 | 17.29 |
| 2026-07-29 | 15.67 |
| 2026-07-28 | 17.08 |
| 2026-07-27 | 17.90 |
| 2026-07-24 | 17.09 |
| 2026-07-23 | 18.71 |
| 2026-07-22 | 18.65 |
| 2026-07-21 | 18.48 |
| 2026-07-20 | 17.58 |
| 2026-07-17 | 18.08 |
| 2026-07-16 | 18.01 |
| 2026-07-15 | 20.37 |
| 2026-07-14 | 21.07 |
| 2026-07-13 | 20.52 |
| 2026-07-10 | 21.67 |
| 2026-07-09 | 22.07 |
| 2026-07-08 | 22.29 |
| 2026-07-07 | 22.30 |
| 2026-07-06 | 24.89 |
| 2026-07-02 | 26.86 |
| 2026-07-01 | 26.76 |
| 2026-06-30 | 27.18 |
| 2026-06-29 | 26.21 |
| 2026-06-26 | 22.60 |
| 2026-06-25 | 21.57 |
| 2026-06-24 | 22.84 |
| 2026-06-23 | 25.43 |
| 2026-06-22 | 26.82 |
| 2026-06-18 | 28.67 |
| 2026-06-17 | 28.87 |
| 2026-06-16 | 27.98 |
| 2026-06-15 | 29.21 |
| 2026-06-12 | 27.38 |
| 2026-06-11 | 30.69 |
| 2026-06-10 | 28.09 |
| 2026-06-09 | 28.94 |
| 2026-06-08 | 30.39 |
| 2026-06-05 | 29.43 |
| 2026-06-04 | 32.07 |
| 2026-06-03 | 30.67 |
| 2026-06-02 | 32.97 |
| 2026-06-01 | 32.72 |
| 2026-05-29 | 38.36 |
| 2026-05-28 | 39.58 |
| 2026-05-27 | 40.17 |
| 2026-05-26 | 38.29 |
| 2026-05-22 | 36.30 |
| 2026-05-21 | 33.54 |
| 2026-05-20 | 35.90 |
| 2026-05-19 | 34.04 |
| 2026-05-18 | 35.07 |
| 2026-05-15 | 33.36 |
| 2026-05-14 | 35.44 |
| 2026-05-13 | 33.19 |
| 2026-05-12 | 31.43 |
| 2026-05-11 | 31.38 |
| 2026-05-08 | 28.20 |
| 2026-05-07 | 26.13 |
| 2026-05-06 | 28.15 |
| 2026-05-05 | 26.19 |
| 2026-05-04 | 26.70 |
| 2026-05-01 | 26.20 |
| 2026-04-30 | 27.43 |
| 2026-04-29 | 25.61 |
| 2026-04-28 | 26.13 |
| 2026-04-27 | 27.36 |
| 2026-04-24 | 26.49 |
| 2026-04-23 | 28.13 |
| 2026-04-22 | 29.94 |
| 2026-04-21 | 28.81 |
| 2026-04-20 | 29.75 |
| 2026-04-17 | 28.20 |
| 2026-04-16 | 27.57 |
| 2026-04-15 | 24.47 |
| 2026-04-14 | 24.01 |
| 2026-04-13 | 23.48 |
| 2026-04-10 | 22.63 |
| 2026-04-09 | 22.19 |
| 2026-04-08 | 22.97 |
| 2026-04-07 | 22.05 |
| 2026-04-06 | 22.50 |
| 2026-04-02 | 22.52 |
| 2026-04-01 | 21.79 |
| 2026-03-31 | 21.35 |
| 2026-03-30 | 19.08 |
| 2026-03-27 | 20.26 |
| 2026-03-26 | 21.93 |
| 2026-03-25 | 24.23 |
| 2026-03-24 | 21.97 |
| 2026-03-23 | 22.61 |
| 2026-03-20 | 22.35 |
| 2026-03-19 | 23.92 |
| 2026-03-18 | 23.10 |
| 2026-03-17 | 26.13 |
| 2026-03-16 | 23.71 |
| 2026-03-13 | 22.75 |
| 2026-03-12 | 22.73 |
| 2026-03-11 | 23.93 |
| 2026-03-10 | 22.92 |
| 2026-03-09 | 23.77 |
| 2026-03-06 | 23.31 |
| 2026-03-05 | 23.28 |
| 2026-03-04 | 23.91 |
| 2026-03-03 | 23.32 |
| 2026-03-02 | 23.60 |
| 2026-02-27 | 22.98 |
| 2026-02-26 | 29.99 |
| 2026-02-25 | 28.97 |
| 2026-02-24 | 28.88 |
| 2026-02-23 | 28.98 |
| 2026-02-20 | 29.25 |
| 2026-02-19 | 31.61 |
| 2026-02-18 | 30.72 |
| 2026-02-17 | 28.85 |
| 2026-02-13 | 27.84 |
| 2026-02-12 | 27.25 |
| 2026-02-11 | 28.74 |
| 2026-02-10 | 29.73 |
| 2026-02-09 | 31.30 |
| 2026-02-06 | 29.85 |
| 2026-02-05 | 27.37 |
| 2026-02-04 | 30.18 |
| 2026-02-03 | 33.54 |
| 2026-02-02 | 30.61 |
| 2026-01-30 | 33.05 |
| 2026-01-29 | 35.36 |
| 2026-01-28 | 36.56 |
| 2026-01-27 | 35.91 |
| 2026-01-26 | 33.22 |
| 2026-01-23 | 36.69 |
| 2026-01-22 | 36.31 |
| 2026-01-21 | 36.25 |
| 2026-01-20 | 36.80 |
| 2026-01-16 | 39.75 |
| 2026-01-15 | 37.46 |
| 2026-01-14 | 37.89 |
| 2026-01-13 | 35.74 |
| 2026-01-12 | 36.28 |
| 2026-01-09 | 35.02 |
| 2026-01-08 | 34.29 |
| 2026-01-07 | 34.70 |
| 2026-01-06 | 35.51 |
| 2026-01-05 | 32.25 |
| 2026-01-02 | 31.36 |
| 2025-12-31 | 28.79 |
| 2025-12-30 | 29.08 |
| 2025-12-29 | 28.94 |
| 2025-12-26 | 29.16 |
| 2025-12-24 | 31.86 |
| 2025-12-23 | 31.86 |
| 2025-12-22 | 32.01 |
| 2025-12-19 | 29.11 |
| 2025-12-18 | 24.73 |
| 2025-12-17 | 22.27 |
| 2025-12-16 | 22.90 |
| 2025-12-15 | 22.87 |
| 2025-12-12 | 25.38 |
| 2025-12-11 | 26.22 |
| 2025-12-10 | 23.74 |
| 2025-12-09 | 22.05 |
| 2025-12-08 | 21.28 |
| 2025-12-05 | 20.25 |
| 2025-12-04 | 20.38 |
| 2025-12-03 | 18.46 |
| 2025-12-02 | 17.29 |
| 2025-12-01 | 16.66 |
| 2025-11-28 | 17.39 |
| 2025-11-26 | 17.31 |
| 2025-11-25 | 17.58 |
| 2025-11-24 | 17.52 |
| 2025-11-21 | 16.63 |
| 2025-11-20 | 16.30 |
| 2025-11-19 | 18.00 |
| 2025-11-18 | 17.66 |
| 2025-11-17 | 17.88 |
| 2025-11-14 | 18.80 |
| 2025-11-13 | 18.68 |
| 2025-11-12 | 20.63 |
| 2025-11-11 | 21.15 |
| 2025-11-10 | 38.83 |
| 2025-11-07 | 38.63 |
| 2025-11-06 | 37.12 |
| 2025-11-05 | 42.21 |
| 2025-11-04 | 42.32 |
| 2025-11-03 | 45.89 |
| 2025-10-31 | 47.12 |
| 2025-10-30 | 45.58 |
| 2025-10-29 | 49.50 |
| 2025-10-28 | 47.69 |
| 2025-10-27 | 49.09 |
| 2025-10-24 | 48.30 |
| 2025-10-23 | 47.56 |
| 2025-10-22 | 45.32 |
| 2025-10-21 | 48.93 |
| 2025-10-20 | 50.39 |
| 2025-10-17 | 49.58 |
| 2025-10-16 | 50.13 |
| 2025-10-15 | 51.82 |
| 2025-10-14 | 50.90 |
| 2025-10-13 | 48.94 |
| 2025-10-10 | 48.08 |
| 2025-10-09 | 49.69 |
| 2025-10-08 | 48.86 |
| 2025-10-07 | 46.02 |
| 2025-10-06 | 43.77 |
| 2025-10-03 | 42.02 |
| 2025-10-02 | 39.26 |
| 2025-10-01 | 35.89 |
| 2025-09-30 | 35.84 |
| 2025-09-29 | 35.17 |
| 2025-09-26 | 34.61 |
| 2025-09-25 | 34.89 |
| 2025-09-24 | 36.43 |
| 2025-09-23 | 39.58 |
| 2025-09-22 | 37.27 |
| 2025-09-19 | 35.75 |
| 2025-09-18 | 35.30 |
| 2025-09-17 | 35.97 |
| 2025-09-16 | 35.35 |
| 2025-09-15 | 40.43 |
| 2025-09-12 | 39.91 |
| 2025-09-11 | 36.23 |
| 2025-09-10 | 34.54 |
| 2025-09-09 | 35.19 |
| 2025-09-08 | 35.71 |
| 2025-09-05 | 34.29 |
| 2025-09-04 | 32.16 |
| 2025-09-03 | 32.57 |
| 2025-09-02 | 36.89 |
| 2025-08-29 | 36.36 |
Showing the most recent 260 of 1,209 data points. The chart above shows the full history.