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 2.25 is 81% below its estimated 2-year average of 11.57, near the low end of its estimated 2-year range (0.72–34.93).
As of 2026-10-06T17:08:36.561Z. 88.33% below its estimated 12-month average of 19.27.
Calculation as of: 2026-10-06T17:08:36.561Z.
Quote observation: 2026-10-06T17:05:24.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 6f5be79ac0e7715def3f298c248b41853c7a510be646acbaec4ce361b11b20d4
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
2.25
PB RATIO AVG TTM
19.27
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
-88.33%
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 696 covered companies
CURRENT VS SECTOR MEDIAN
-5.86%
vs the sector median at left
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rein Therapeutics Inc. (RNTX) | $22.93M | 2.25 | 19.27 | N/A | N/A |
| LeonaBio, Inc. (LONA)vs › | $22.36M | 0.67 | 0.86 | 0.65 | 0.69 |
| Kyntra Bio, Inc. (KYNB)vs › | $23.92M | N/A | 25.54 | 12.83 | 10.88 |
| Aytu BioPharma, Inc. (AYTU)vs › | $22.11M | 0.63 | 1.29 | 0.74 | 0.55 |
| Modular Medical, Inc. (MODD)vs › | $21.76M | 2.02 | 2.08 | 4.50 | 3.99 |
| ABVC BioPharma, Inc. (ABVC)vs › | $24.68M | 2.40 | 3.58 | 3.20 | 4.48 |
| Atossa Therapeutics, Inc. (ATOS)vs › | $24.64M | 0.92 | 1.24 | 1.52 | 1.37 |
| NextCure, Inc. (NXTC)vs › | $21.17M | 1.74 | 1.38 | 0.69 | 0.59 |
| Quantum BioPharma Ltd. (QNTM)vs › | $20.80M | 2.62 | 11.26 | 5.97 | 4.14 |
| iTonic Holdings Ltd. (ITOC)vs › | $26.11M | 1.11 | 0.99 | 0.99 | 0.99 |
At 2.25, P/B is below its estimated 2-year median — higher than 22% 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
0.72
median
8.80
estimated 2-year high
34.93
P/B Ratio
2.25
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 | 2.46 |
| 2026-10-02 | 2.38 |
| 2026-10-01 | 2.54 |
| 2026-09-30 | 2.39 |
| 2026-09-29 | 2.35 |
| 2026-09-28 | 2.15 |
| 2026-09-25 | 2.23 |
| 2026-09-24 | 2.21 |
| 2026-09-23 | 2.29 |
| 2026-09-22 | 2.37 |
| 2026-09-21 | 2.36 |
| 2026-09-18 | 2.38 |
| 2026-09-17 | 2.35 |
| 2026-09-16 | 2.09 |
| 2026-09-15 | 2.11 |
| 2026-09-14 | 2.35 |
| 2026-09-11 | 2.34 |
| 2026-09-10 | 2.32 |
| 2026-09-09 | 2.46 |
| 2026-09-08 | 2.57 |
| 2026-09-04 | 2.65 |
| 2026-09-03 | 2.51 |
| 2026-09-02 | 2.31 |
| 2026-09-01 | 2.24 |
| 2026-08-31 | 2.23 |
| 2026-08-28 | 2.27 |
| 2026-08-27 | 2.33 |
| 2026-08-26 | 2.38 |
| 2026-08-25 | 2.38 |
| 2026-08-24 | 2.38 |
| 2026-08-21 | 2.43 |
| 2026-08-20 | 2.36 |
| 2026-08-19 | 2.36 |
| 2026-08-18 | 2.29 |
| 2026-08-17 | 2.50 |
| 2026-03-26 | 28.25 |
| 2026-03-25 | 28.92 |
| 2026-03-24 | 27.14 |
| 2026-03-23 | 26.47 |
| 2026-03-20 | 27.58 |
| 2026-03-19 | 28.92 |
| 2026-03-18 | 29.81 |
| 2026-03-17 | 31.59 |
| 2026-03-16 | 30.25 |
| 2026-03-13 | 28.92 |
| 2026-03-12 | 28.47 |
| 2026-03-11 | 28.03 |
| 2026-03-10 | 27.81 |
| 2026-03-09 | 26.70 |
| 2026-03-06 | 26.70 |
| 2026-03-05 | 26.47 |
| 2026-03-04 | 26.70 |
| 2026-03-03 | 25.58 |
| 2026-03-02 | 26.47 |
| 2026-02-27 | 25.36 |
| 2026-02-26 | 26.70 |
| 2026-02-25 | 27.36 |
| 2026-02-24 | 27.81 |
| 2026-02-23 | 26.03 |
| 2026-02-20 | 26.92 |
| 2026-02-19 | 24.92 |
| 2026-02-18 | 24.69 |
| 2026-02-17 | 25.58 |
| 2026-02-13 | 24.92 |
| 2026-02-12 | 26.03 |
| 2026-02-11 | 26.25 |
| 2026-02-10 | 25.36 |
| 2026-02-09 | 25.58 |
| 2026-02-06 | 25.36 |
| 2026-02-05 | 25.36 |
| 2026-02-04 | 26.92 |
| 2026-02-03 | 28.47 |
| 2026-02-02 | 28.70 |
| 2026-01-30 | 28.92 |
| 2026-01-29 | 31.81 |
| 2026-01-28 | 33.81 |
| 2026-01-27 | 34.48 |
| 2026-01-26 | 34.48 |
| 2026-01-23 | 30.48 |
| 2026-01-22 | 29.81 |
| 2026-01-21 | 26.92 |
| 2026-01-20 | 26.70 |
| 2026-01-16 | 26.92 |
| 2026-01-15 | 25.81 |
| 2026-01-14 | 24.92 |
| 2026-01-13 | 25.14 |
| 2026-01-12 | 25.58 |
| 2026-01-09 | 26.03 |
| 2026-01-08 | 27.14 |
| 2026-01-07 | 27.36 |
| 2026-01-06 | 27.14 |
| 2026-01-05 | 28.03 |
| 2026-01-02 | 27.81 |
| 2025-12-31 | 25.81 |
| 2025-12-30 | 23.80 |
| 2025-12-29 | 25.36 |
| 2025-12-26 | 27.58 |
| 2025-12-24 | 29.36 |
| 2025-12-23 | 30.03 |
| 2025-12-22 | 31.59 |
| 2025-12-19 | 31.59 |
| 2025-12-18 | 28.70 |
| 2025-12-17 | 28.92 |
| 2025-12-16 | 30.03 |
| 2025-12-15 | 32.92 |
| 2025-12-12 | 34.48 |
| 2025-12-11 | 34.26 |
| 2025-12-10 | 33.15 |
| 2025-12-09 | 32.26 |
| 2025-12-08 | 30.92 |
| 2025-12-05 | 30.25 |
| 2025-12-04 | 30.92 |
| 2025-12-03 | 30.70 |
| 2025-12-02 | 32.92 |
| 2025-12-01 | 33.37 |
| 2025-11-28 | 34.93 |
| 2025-11-26 | 34.26 |
| 2025-11-25 | 32.48 |
| 2025-11-24 | 33.37 |
| 2025-11-21 | 32.92 |
| 2025-11-20 | 30.70 |
| 2025-11-19 | 28.03 |
| 2025-11-18 | 27.14 |
| 2025-11-17 | 27.14 |
| 2025-11-14 | 10.05 |
| 2025-11-13 | 10.86 |
| 2025-11-12 | 11.66 |
| 2025-11-11 | 11.98 |
| 2025-11-10 | 12.38 |
| 2025-11-07 | 12.87 |
| 2025-11-06 | 12.54 |
| 2025-11-05 | 12.79 |
| 2025-11-04 | 11.42 |
| 2025-11-03 | 14.07 |
| 2025-10-31 | 12.62 |
| 2025-10-30 | 12.46 |
| 2025-10-29 | 12.46 |
| 2025-10-28 | 10.61 |
| 2025-10-27 | 10.86 |
| 2025-10-24 | 11.58 |
| 2025-10-23 | 10.13 |
| 2025-10-22 | 9.81 |
| 2025-10-21 | 10.29 |
| 2025-10-20 | 10.29 |
| 2025-10-17 | 9.81 |
| 2025-10-16 | 10.29 |
| 2025-10-15 | 10.45 |
| 2025-10-14 | 10.78 |
| 2025-10-13 | 10.61 |
| 2025-10-10 | 10.45 |
| 2025-10-09 | 11.02 |
| 2025-10-08 | 11.18 |
| 2025-10-07 | 11.58 |
| 2025-10-06 | 9.57 |
| 2025-10-03 | 9.57 |
| 2025-10-02 | 9.33 |
| 2025-10-01 | 9.49 |
| 2025-09-30 | 9.25 |
| 2025-09-29 | 9.25 |
| 2025-09-26 | 9.49 |
| 2025-09-25 | 9.65 |
| 2025-09-24 | 9.57 |
| 2025-09-23 | 9.01 |
| 2025-09-22 | 9.49 |
| 2025-09-19 | 9.73 |
| 2025-09-18 | 9.25 |
| 2025-09-17 | 9.25 |
| 2025-09-16 | 9.25 |
| 2025-09-15 | 8.93 |
| 2025-09-12 | 9.57 |
| 2025-09-11 | 8.68 |
| 2025-09-10 | 9.57 |
| 2025-09-09 | 10.53 |
| 2025-09-08 | 10.78 |
| 2025-09-05 | 10.69 |
| 2025-09-04 | 11.02 |
| 2025-09-03 | 10.13 |
| 2025-09-02 | 10.86 |
| 2025-08-29 | 11.18 |
| 2025-08-28 | 9.09 |
| 2025-08-27 | 8.85 |
| 2025-08-26 | 9.25 |
| 2025-08-25 | 9.49 |
| 2025-08-22 | 10.21 |
| 2025-08-21 | 9.09 |
| 2025-08-20 | 9.25 |
| 2025-08-19 | 8.85 |
| 2025-08-18 | 9.09 |
| 2025-08-15 | 9.57 |
| 2025-08-14 | 5.46 |
| 2025-08-13 | 5.65 |
| 2025-08-12 | 5.55 |
| 2025-08-11 | 5.46 |
| 2025-08-08 | 5.22 |
| 2025-08-07 | 5.22 |
| 2025-08-06 | 5.46 |
| 2025-08-05 | 5.55 |
| 2025-08-04 | 5.27 |
| 2025-08-01 | 5.22 |
| 2025-07-31 | 5.51 |
| 2025-07-30 | 5.98 |
| 2025-07-29 | 5.88 |
| 2025-07-28 | 6.64 |
| 2025-07-25 | 6.87 |
| 2025-07-24 | 6.68 |
| 2025-07-23 | 7.30 |
| 2025-07-22 | 6.50 |
| 2025-07-21 | 6.78 |
| 2025-07-18 | 6.68 |
| 2025-07-17 | 6.59 |
| 2025-07-16 | 6.78 |
| 2025-07-15 | 6.59 |
| 2025-07-14 | 7.06 |
| 2025-07-11 | 6.78 |
| 2025-07-10 | 6.97 |
| 2025-07-09 | 7.01 |
| 2025-07-08 | 7.30 |
| 2025-07-07 | 7.25 |
| 2025-07-03 | 7.11 |
| 2025-07-02 | 7.25 |
| 2025-07-01 | 6.82 |
| 2025-06-30 | 6.59 |
| 2025-06-27 | 6.92 |
| 2025-06-26 | 6.82 |
| 2025-06-25 | 7.25 |
| 2025-06-24 | 6.92 |
| 2025-06-23 | 7.06 |
| 2025-06-20 | 7.25 |
| 2025-06-18 | 7.72 |
| 2025-06-17 | 8.47 |
| 2025-06-16 | 8.57 |
| 2025-06-13 | 8.85 |
| 2025-06-12 | 9.27 |
| 2025-06-11 | 9.18 |
| 2025-06-10 | 9.13 |
| 2025-06-09 | 9.32 |
| 2025-06-06 | 9.41 |
| 2025-06-05 | 9.18 |
| 2025-06-04 | 9.41 |
| 2025-06-03 | 9.51 |
| 2025-06-02 | 9.08 |
| 2025-05-30 | 9.18 |
| 2025-05-29 | 9.13 |
| 2025-05-28 | 9.23 |
| 2025-05-27 | 9.41 |
| 2025-05-23 | 9.65 |
| 2025-05-22 | 9.13 |
| 2025-05-21 | 9.13 |
| 2025-05-20 | 9.08 |
| 2025-05-19 | 10.12 |
| 2025-05-16 | 10.40 |
| 2025-05-15 | 11.11 |
| 2025-05-14 | 10.59 |
| 2025-05-13 | 9.23 |
| 2025-05-12 | 8.47 |
| 2025-05-09 | 8.28 |
| 2025-05-08 | 8.10 |
| 2025-05-07 | 7.67 |
| 2025-05-06 | 8.14 |
| 2025-05-05 | 8.47 |
Showing the most recent 260 of 354 data points. The chart above shows the full history.