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 53.63 is 215% above its estimated 5-year average of 17.01, near the high end of its estimated 5-year range (6.53–63.47).
As of 2026-09-16T17:56:15.690Z. 45.93% above its estimated 12-month average of 36.75.
Calculation as of: 2026-09-16T17:56:15.690Z.
Quote observation: 2026-09-16T17:55:11.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 19c1d00badf81a8b06aca9cadf89181a1332f168b0d5330ebf3e2e934ab12c83
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
53.63
PB RATIO AVG TTM
36.75
PB RATIO AVG 3Y
22.37
PB RATIO AVG 5Y
17.01
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+45.93%
CURRENT VS 3Y AVG
+139.71%
CURRENT VS 5Y AVG
+215.26%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.43
median of 184 covered companies
CURRENT VS SECTOR MEDIAN
+734.06%
vs the sector median at left
Market Cap
$109.84B
PB Ratio
18.21
TTM Avg
15.77
3Y Avg
21.25
5Y Avg
23.03
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Snowflake Inc. (SNOW) | $115.29B | 53.63 | 36.75 | 22.37 | 17.01 |
| Cloudflare, Inc. (NET)vs › | $116.03B | 71.62 | 54.65 | 44.17 | 41.37 |
| Accenture plc (ACN)vs › | $116.91B | 3.67 | 4.22 | 6.38 | 7.46 |
| AppLovin Corporation (APP)vs › | $110.25B | 34.86 | 102.43 | 85.77 | 58.94 |
| Automatic Data Processing, Inc. (ADP)vs › | $109.84B | 18.21 | 15.77 | 21.25 | 23.03 |
| Corning Inc (GLW)vs › | $125.96B | 10.03 | 9.72 | 5.43 | 4.26 |
| Fortinet, Inc. (FTNT)vs › | $126.13B | 81.32 | 73.61 | 151.22 | 455.88 |
| Adobe Inc. (ADBE)vs › | $100.26B | 8.52 | 10.18 | 13.37 | 13.83 |
| Intuit Inc. (INTU)vs › | $88.14B | 4.64 | 6.73 | 8.81 | 9.12 |
| ServiceNow, Inc. (NOW)vs › | $145.55B | 11.63 | 11.66 | 17.24 | 20.09 |
At 53.63, P/B is above its estimated 6-year median — higher than 98% of readings in its estimated 6-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 6-year low
6.53
median
13.88
estimated 6-year high
63.47
P/B Ratio
53.63
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 | 53.45 |
| 2026-09-10 | 53.57 |
| 2026-09-09 | 53.86 |
| 2026-09-08 | 54.51 |
| 2026-09-04 | 60.04 |
| 2026-09-03 | 63.47 |
| 2026-09-02 | 54.46 |
| 2026-09-01 | 56.94 |
| 2026-08-31 | 59.02 |
| 2026-08-28 | 58.40 |
| 2026-08-27 | 58.60 |
| 2026-08-26 | 56.16 |
| 2026-08-25 | 56.45 |
| 2026-08-24 | 57.47 |
| 2026-08-21 | 59.26 |
| 2026-08-20 | 57.21 |
| 2026-08-19 | 57.87 |
| 2026-08-18 | 57.93 |
| 2026-08-17 | 58.78 |
| 2026-08-14 | 58.57 |
| 2026-08-13 | 60.07 |
| 2026-08-12 | 59.16 |
| 2026-08-11 | 59.50 |
| 2026-08-10 | 59.60 |
| 2026-08-07 | 58.85 |
| 2026-08-06 | 56.62 |
| 2026-08-05 | 56.42 |
| 2026-08-04 | 56.40 |
| 2026-08-03 | 54.76 |
| 2026-07-31 | 52.22 |
| 2026-07-30 | 53.08 |
| 2026-07-29 | 50.37 |
| 2026-07-28 | 48.14 |
| 2026-07-27 | 48.60 |
| 2026-07-24 | 47.73 |
| 2026-07-23 | 47.21 |
| 2026-07-22 | 47.69 |
| 2026-07-21 | 48.38 |
| 2026-07-20 | 48.85 |
| 2026-07-17 | 47.88 |
| 2026-07-16 | 48.08 |
| 2026-07-15 | 48.41 |
| 2026-07-14 | 49.13 |
| 2026-07-13 | 47.84 |
| 2026-07-10 | 46.55 |
| 2026-07-09 | 47.63 |
| 2026-07-08 | 46.53 |
| 2026-07-07 | 46.78 |
| 2026-07-06 | 46.67 |
| 2026-07-02 | 46.32 |
| 2026-07-01 | 46.51 |
| 2026-06-30 | 45.32 |
| 2026-06-29 | 44.81 |
| 2026-06-26 | 44.33 |
| 2026-06-25 | 40.43 |
| 2026-06-24 | 40.23 |
| 2026-06-23 | 41.03 |
| 2026-06-22 | 40.35 |
| 2026-06-18 | 41.36 |
| 2026-06-17 | 41.76 |
| 2026-06-16 | 42.44 |
| 2026-06-15 | 42.87 |
| 2026-06-12 | 41.45 |
| 2026-06-11 | 42.80 |
| 2026-06-10 | 42.72 |
| 2026-06-09 | 42.67 |
| 2026-06-08 | 42.82 |
| 2026-06-05 | 42.43 |
| 2026-06-04 | 43.48 |
| 2026-06-03 | 42.96 |
| 2026-06-02 | 46.50 |
| 2026-06-01 | 49.89 |
| 2026-05-29 | 45.46 |
| 2026-05-28 | 42.55 |
| 2026-05-27 | 31.18 |
| 2026-05-26 | 31.59 |
| 2026-05-22 | 30.63 |
| 2026-05-21 | 29.45 |
| 2026-05-20 | 29.70 |
| 2026-05-19 | 30.16 |
| 2026-05-18 | 29.22 |
| 2026-05-15 | 28.01 |
| 2026-05-14 | 26.82 |
| 2026-05-13 | 27.11 |
| 2026-05-12 | 27.04 |
| 2026-05-11 | 26.95 |
| 2026-05-08 | 27.12 |
| 2026-05-07 | 27.35 |
| 2026-05-06 | 24.86 |
| 2026-05-05 | 25.21 |
| 2026-05-04 | 25.65 |
| 2026-05-01 | 25.08 |
| 2026-04-30 | 24.28 |
| 2026-04-29 | 25.12 |
| 2026-04-28 | 25.36 |
| 2026-04-27 | 25.66 |
| 2026-04-24 | 24.96 |
| 2026-04-23 | 26.04 |
| 2026-04-22 | 27.68 |
| 2026-04-21 | 26.83 |
| 2026-04-20 | 26.76 |
| 2026-04-17 | 25.61 |
| 2026-04-16 | 25.54 |
| 2026-04-15 | 25.70 |
| 2026-04-14 | 24.10 |
| 2026-04-13 | 23.88 |
| 2026-04-10 | 21.55 |
| 2026-04-09 | 23.53 |
| 2026-04-08 | 26.68 |
| 2026-04-07 | 26.55 |
| 2026-04-06 | 26.57 |
| 2026-04-02 | 27.01 |
| 2026-04-01 | 27.24 |
| 2026-03-31 | 26.83 |
| 2026-03-30 | 27.34 |
| 2026-03-27 | 27.18 |
| 2026-03-26 | 28.88 |
| 2026-03-25 | 28.57 |
| 2026-03-24 | 28.70 |
| 2026-03-23 | 30.99 |
| 2026-03-20 | 26.46 |
| 2026-03-19 | 27.62 |
| 2026-03-18 | 27.28 |
| 2026-03-17 | 27.49 |
| 2026-03-16 | 27.46 |
| 2026-03-13 | 28.13 |
| 2026-03-12 | 27.91 |
| 2026-03-11 | 28.26 |
| 2026-03-10 | 27.61 |
| 2026-03-09 | 28.79 |
| 2026-03-06 | 28.42 |
| 2026-03-05 | 27.94 |
| 2026-03-04 | 26.50 |
| 2026-03-03 | 26.11 |
| 2026-03-02 | 26.82 |
| 2026-02-27 | 26.52 |
| 2026-02-26 | 27.25 |
| 2026-02-25 | 26.65 |
| 2026-02-24 | 25.36 |
| 2026-02-23 | 24.82 |
| 2026-02-20 | 27.16 |
| 2026-02-19 | 28.22 |
| 2026-02-18 | 27.73 |
| 2026-02-17 | 27.89 |
| 2026-02-13 | 28.71 |
| 2026-02-12 | 27.23 |
| 2026-02-11 | 28.16 |
| 2026-02-10 | 28.75 |
| 2026-02-09 | 27.71 |
| 2026-02-06 | 26.52 |
| 2026-02-05 | 24.68 |
| 2026-02-04 | 26.03 |
| 2026-02-03 | 27.28 |
| 2026-02-02 | 30.03 |
| 2026-01-30 | 30.34 |
| 2026-01-29 | 31.39 |
| 2026-01-28 | 34.01 |
| 2026-01-27 | 33.50 |
| 2026-01-26 | 33.27 |
| 2026-01-23 | 33.02 |
| 2026-01-22 | 33.25 |
| 2026-01-21 | 32.52 |
| 2026-01-20 | 32.47 |
| 2026-01-16 | 33.13 |
| 2026-01-15 | 32.71 |
| 2026-01-14 | 32.46 |
| 2026-01-13 | 32.97 |
| 2026-01-12 | 34.69 |
| 2026-01-09 | 34.50 |
| 2026-01-08 | 35.24 |
| 2026-01-07 | 36.77 |
| 2026-01-06 | 36.93 |
| 2026-01-05 | 35.33 |
| 2026-01-02 | 34.13 |
| 2025-12-31 | 34.54 |
| 2025-12-30 | 34.97 |
| 2025-12-29 | 35.10 |
| 2025-12-26 | 35.25 |
| 2025-12-24 | 34.95 |
| 2025-12-23 | 35.45 |
| 2025-12-22 | 35.72 |
| 2025-12-19 | 35.03 |
| 2025-12-18 | 34.85 |
| 2025-12-17 | 34.06 |
| 2025-12-16 | 34.74 |
| 2025-12-15 | 33.90 |
| 2025-12-12 | 34.32 |
| 2025-12-11 | 34.72 |
| 2025-12-10 | 34.10 |
| 2025-12-09 | 35.05 |
| 2025-12-08 | 35.48 |
| 2025-12-05 | 32.20 |
| 2025-12-04 | 33.04 |
| 2025-12-03 | 37.30 |
| 2025-12-02 | 36.55 |
| 2025-12-01 | 35.47 |
| 2025-11-28 | 35.36 |
| 2025-11-26 | 35.00 |
| 2025-11-25 | 35.23 |
| 2025-11-24 | 34.06 |
| 2025-11-21 | 32.94 |
| 2025-11-20 | 34.44 |
| 2025-11-19 | 35.61 |
| 2025-11-18 | 35.82 |
| 2025-11-17 | 35.58 |
| 2025-11-14 | 36.18 |
| 2025-11-13 | 36.16 |
| 2025-11-12 | 37.98 |
| 2025-11-11 | 38.18 |
| 2025-11-10 | 37.79 |
| 2025-11-07 | 37.00 |
| 2025-11-06 | 37.26 |
| 2025-11-05 | 37.27 |
| 2025-11-04 | 37.36 |
| 2025-11-03 | 39.01 |
| 2025-10-31 | 38.69 |
| 2025-10-30 | 38.17 |
| 2025-10-29 | 37.96 |
| 2025-10-28 | 37.59 |
| 2025-10-27 | 37.44 |
| 2025-10-24 | 36.31 |
| 2025-10-23 | 35.61 |
| 2025-10-22 | 34.02 |
| 2025-10-21 | 34.84 |
| 2025-10-20 | 34.58 |
| 2025-10-17 | 33.88 |
| 2025-10-16 | 33.79 |
| 2025-10-15 | 33.90 |
| 2025-10-14 | 33.90 |
| 2025-10-13 | 34.80 |
| 2025-10-10 | 34.09 |
| 2025-10-09 | 35.28 |
| 2025-10-08 | 35.22 |
| 2025-10-07 | 33.05 |
| 2025-10-06 | 34.14 |
| 2025-10-03 | 33.09 |
| 2025-10-02 | 33.86 |
| 2025-10-01 | 32.45 |
| 2025-09-30 | 31.75 |
| 2025-09-29 | 31.70 |
| 2025-09-26 | 31.62 |
| 2025-09-25 | 31.19 |
| 2025-09-24 | 31.33 |
| 2025-09-23 | 31.46 |
| 2025-09-22 | 32.31 |
| 2025-09-19 | 32.44 |
| 2025-09-18 | 31.26 |
| 2025-09-17 | 30.68 |
| 2025-09-16 | 30.40 |
| 2025-09-15 | 31.78 |
| 2025-09-12 | 31.13 |
| 2025-09-11 | 31.60 |
| 2025-09-10 | 31.79 |
| 2025-09-09 | 31.75 |
| 2025-09-08 | 31.88 |
| 2025-09-05 | 31.16 |
| 2025-09-04 | 30.65 |
| 2025-09-03 | 31.68 |
| 2025-09-02 | 32.27 |
| 2025-08-29 | 32.97 |
Showing the most recent 260 of 1,449 data points. The chart above shows the full history.