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 0.87 is 15% below its estimated 5-year average of 1.02, around the middle of its estimated 5-year range (0.33–2.13).
As of 2026-09-22T00:16:29.626Z. 3.41% below its estimated 12-month average of 0.90.
Calculation as of: 2026-09-22T00:16:29.626Z.
Quote observation: 2026-09-21T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: c3ee83f44a2efdd70b4cb60cd726217b4474c91f0f3ed8ed7c47805bb1a8d1c9
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
0.87
PB RATIO AVG TTM
0.90
PB RATIO AVG 3Y
0.98
PB RATIO AVG 5Y
1.02
PB RATIO AVG 10Y
2.74
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-3.41%
CURRENT VS 3Y AVG
-11.45%
CURRENT VS 5Y AVG
-15.09%
CURRENT VS 10Y AVG
-68.25%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
4.07
median of 84 covered companies
CURRENT VS SECTOR MEDIAN
-78.62%
vs the sector median at left
Market Cap
$5.77B
PB Ratio
22.74
TTM Avg
21.26
3Y Avg
16.55
5Y Avg
10.99
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Teladoc Health, Inc. (TDOC) | $1.14B | 0.87 | 0.90 | 0.98 | 1.02 |
| NRC Health (NRC)vs › | $479.36M | 73.20 | 30.92 | 19.72 | 17.28 |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $1.89B | 1.40 | 1.63 | 1.70 | 1.84 |
| Shoulder Innovations, Inc. (SI)vs › | $363.33M | 2.92 | 2.96 | 3.48 | 3.48 |
| PDS Biotechnology Corporation (PDSB)vs › | $47.08M | N/A | 5.95 | 4.54 | 4.16 |
| TransMedics Group, Inc. (TMDX)vs › | $3.02B | 5.82 | 10.81 | 16.38 | 15.00 |
| Doximity, Inc. (DOCS)vs › | $5.02B | 5.48 | 7.06 | 8.14 | 8.63 |
| Merit Medical Systems, Inc. (MMSI)vs › | $5.10B | 3.04 | 2.99 | 3.64 | 3.62 |
| Scholar Rock Holding Corporation (SRRK)vs › | $5.77B | 22.74 | 21.26 | 16.55 | 10.99 |
| Chemed Corporation (CHE)vs › | $6.53B | 7.86 | 6.49 | 7.11 | 8.34 |
At 0.87, P/B is below its estimated 11-year median — higher than 18% of readings in its estimated 11-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 11-year low
0.33
median
2.13
estimated 11-year high
26.35
P/B Ratio
0.87
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 | 0.85 |
| 2026-09-10 | 0.84 |
| 2026-09-09 | 0.84 |
| 2026-09-08 | 0.86 |
| 2026-09-04 | 0.86 |
| 2026-09-03 | 0.89 |
| 2026-09-02 | 0.89 |
| 2026-09-01 | 0.86 |
| 2026-08-31 | 0.87 |
| 2026-08-28 | 0.89 |
| 2026-08-27 | 0.87 |
| 2026-08-26 | 0.87 |
| 2026-08-25 | 0.85 |
| 2026-08-24 | 0.85 |
| 2026-08-21 | 0.88 |
| 2026-08-20 | 0.89 |
| 2026-08-19 | 0.92 |
| 2026-08-18 | 0.89 |
| 2026-08-17 | 0.90 |
| 2026-08-14 | 0.94 |
| 2026-08-13 | 0.96 |
| 2026-08-12 | 0.92 |
| 2026-08-11 | 0.94 |
| 2026-08-10 | 0.97 |
| 2026-08-07 | 0.98 |
| 2026-08-06 | 0.92 |
| 2026-08-05 | 0.95 |
| 2026-08-04 | 0.92 |
| 2026-08-03 | 0.92 |
| 2026-07-31 | 0.92 |
| 2026-07-30 | 0.88 |
| 2026-07-29 | 1.23 |
| 2026-07-28 | 1.25 |
| 2026-07-27 | 1.19 |
| 2026-07-24 | 1.18 |
| 2026-07-23 | 1.16 |
| 2026-07-22 | 1.20 |
| 2026-07-21 | 1.30 |
| 2026-07-20 | 1.29 |
| 2026-07-17 | 1.26 |
| 2026-07-16 | 1.27 |
| 2026-07-15 | 1.30 |
| 2026-07-14 | 1.24 |
| 2026-07-13 | 1.29 |
| 2026-07-10 | 1.24 |
| 2026-07-09 | 1.23 |
| 2026-07-08 | 1.22 |
| 2026-07-07 | 1.28 |
| 2026-07-06 | 1.25 |
| 2026-07-02 | 1.23 |
| 2026-07-01 | 1.22 |
| 2026-06-30 | 1.14 |
| 2026-06-29 | 1.16 |
| 2026-06-26 | 1.12 |
| 2026-06-25 | 1.06 |
| 2026-06-24 | 1.05 |
| 2026-06-23 | 1.03 |
| 2026-06-22 | 1.02 |
| 2026-06-18 | 1.08 |
| 2026-06-17 | 1.02 |
| 2026-06-16 | 1.01 |
| 2026-06-15 | 1.00 |
| 2026-06-12 | 0.98 |
| 2026-06-11 | 0.98 |
| 2026-06-10 | 0.94 |
| 2026-06-09 | 0.93 |
| 2026-06-08 | 0.95 |
| 2026-06-05 | 0.94 |
| 2026-06-04 | 0.98 |
| 2026-06-03 | 0.95 |
| 2026-06-02 | 1.01 |
| 2026-06-01 | 1.06 |
| 2026-05-29 | 1.02 |
| 2026-05-28 | 1.01 |
| 2026-05-27 | 0.88 |
| 2026-05-26 | 0.88 |
| 2026-05-22 | 0.88 |
| 2026-05-21 | 0.88 |
| 2026-05-20 | 0.87 |
| 2026-05-19 | 0.89 |
| 2026-05-18 | 0.85 |
| 2026-05-15 | 0.85 |
| 2026-05-14 | 0.89 |
| 2026-05-13 | 0.91 |
| 2026-05-12 | 0.91 |
| 2026-05-11 | 0.93 |
| 2026-05-08 | 0.97 |
| 2026-05-07 | 0.93 |
| 2026-05-06 | 0.91 |
| 2026-05-05 | 0.89 |
| 2026-05-04 | 0.89 |
| 2026-05-01 | 0.87 |
| 2026-04-30 | 0.77 |
| 2026-04-29 | 0.76 |
| 2026-04-28 | 0.76 |
| 2026-04-27 | 0.74 |
| 2026-04-24 | 0.73 |
| 2026-04-23 | 0.72 |
| 2026-04-22 | 0.75 |
| 2026-04-21 | 0.76 |
| 2026-04-20 | 0.78 |
| 2026-04-17 | 0.72 |
| 2026-04-16 | 0.74 |
| 2026-04-15 | 0.70 |
| 2026-04-14 | 0.67 |
| 2026-04-13 | 0.66 |
| 2026-04-10 | 0.65 |
| 2026-04-09 | 0.67 |
| 2026-04-08 | 0.67 |
| 2026-04-07 | 0.68 |
| 2026-04-06 | 0.68 |
| 2026-04-02 | 0.67 |
| 2026-04-01 | 0.67 |
| 2026-03-31 | 0.69 |
| 2026-03-30 | 0.65 |
| 2026-03-27 | 0.65 |
| 2026-03-26 | 0.70 |
| 2026-03-25 | 0.71 |
| 2026-03-24 | 0.69 |
| 2026-03-23 | 0.70 |
| 2026-03-20 | 0.68 |
| 2026-03-19 | 0.70 |
| 2026-03-18 | 0.69 |
| 2026-03-17 | 0.71 |
| 2026-03-16 | 0.69 |
| 2026-03-13 | 0.68 |
| 2026-03-12 | 0.68 |
| 2026-03-11 | 0.70 |
| 2026-03-10 | 0.71 |
| 2026-03-09 | 0.67 |
| 2026-03-06 | 0.65 |
| 2026-03-05 | 0.65 |
| 2026-03-04 | 0.65 |
| 2026-03-03 | 0.65 |
| 2026-03-02 | 0.66 |
| 2026-02-27 | 0.67 |
| 2026-02-26 | 0.68 |
| 2026-02-25 | 0.59 |
| 2026-02-24 | 0.57 |
| 2026-02-23 | 0.58 |
| 2026-02-20 | 0.60 |
| 2026-02-19 | 0.62 |
| 2026-02-18 | 0.59 |
| 2026-02-17 | 0.58 |
| 2026-02-13 | 0.59 |
| 2026-02-12 | 0.56 |
| 2026-02-11 | 0.59 |
| 2026-02-10 | 0.61 |
| 2026-02-09 | 0.63 |
| 2026-02-06 | 0.63 |
| 2026-02-05 | 0.60 |
| 2026-02-04 | 0.62 |
| 2026-02-03 | 0.64 |
| 2026-02-02 | 0.68 |
| 2026-01-30 | 0.69 |
| 2026-01-29 | 0.72 |
| 2026-01-28 | 0.72 |
| 2026-01-27 | 0.75 |
| 2026-01-26 | 0.79 |
| 2026-01-23 | 0.80 |
| 2026-01-22 | 0.80 |
| 2026-01-21 | 0.78 |
| 2026-01-20 | 0.77 |
| 2026-01-16 | 0.79 |
| 2026-01-15 | 0.82 |
| 2026-01-14 | 0.83 |
| 2026-01-13 | 0.88 |
| 2026-01-12 | 0.91 |
| 2026-01-09 | 0.94 |
| 2026-01-08 | 0.96 |
| 2026-01-07 | 0.96 |
| 2026-01-06 | 1.01 |
| 2026-01-05 | 0.92 |
| 2026-01-02 | 0.89 |
| 2025-12-31 | 0.88 |
| 2025-12-30 | 0.88 |
| 2025-12-29 | 0.87 |
| 2025-12-26 | 0.90 |
| 2025-12-24 | 0.91 |
| 2025-12-23 | 0.91 |
| 2025-12-22 | 0.92 |
| 2025-12-19 | 0.91 |
| 2025-12-18 | 0.90 |
| 2025-12-17 | 0.91 |
| 2025-12-16 | 0.94 |
| 2025-12-15 | 0.93 |
| 2025-12-12 | 0.95 |
| 2025-12-11 | 0.96 |
| 2025-12-10 | 0.97 |
| 2025-12-09 | 0.97 |
| 2025-12-08 | 0.95 |
| 2025-12-05 | 0.96 |
| 2025-12-04 | 0.98 |
| 2025-12-03 | 0.95 |
| 2025-12-02 | 0.95 |
| 2025-12-01 | 0.94 |
| 2025-11-28 | 0.96 |
| 2025-11-26 | 0.94 |
| 2025-11-25 | 0.94 |
| 2025-11-24 | 0.91 |
| 2025-11-21 | 0.88 |
| 2025-11-20 | 0.85 |
| 2025-11-19 | 0.89 |
| 2025-11-18 | 0.88 |
| 2025-11-17 | 0.85 |
| 2025-11-14 | 0.87 |
| 2025-11-13 | 0.89 |
| 2025-11-12 | 0.94 |
| 2025-11-11 | 0.95 |
| 2025-11-10 | 0.95 |
| 2025-11-07 | 0.95 |
| 2025-11-06 | 0.96 |
| 2025-11-05 | 1.02 |
| 2025-11-04 | 1.01 |
| 2025-11-03 | 1.03 |
| 2025-10-31 | 1.09 |
| 2025-10-30 | 1.08 |
| 2025-10-29 | 1.02 |
| 2025-10-28 | 1.03 |
| 2025-10-27 | 1.11 |
| 2025-10-24 | 1.17 |
| 2025-10-23 | 1.06 |
| 2025-10-22 | 1.03 |
| 2025-10-21 | 1.07 |
| 2025-10-20 | 1.11 |
| 2025-10-17 | 1.06 |
| 2025-10-16 | 1.12 |
| 2025-10-15 | 1.11 |
| 2025-10-14 | 1.10 |
| 2025-10-13 | 1.02 |
| 2025-10-10 | 0.99 |
| 2025-10-09 | 1.09 |
| 2025-10-08 | 1.12 |
| 2025-10-07 | 1.04 |
| 2025-10-06 | 1.06 |
| 2025-10-03 | 1.11 |
| 2025-10-02 | 1.05 |
| 2025-10-01 | 0.96 |
| 2025-09-30 | 0.96 |
| 2025-09-29 | 1.01 |
| 2025-09-26 | 1.01 |
| 2025-09-25 | 0.98 |
| 2025-09-24 | 1.04 |
| 2025-09-23 | 1.04 |
| 2025-09-22 | 1.01 |
| 2025-09-19 | 0.98 |
| 2025-09-18 | 1.02 |
| 2025-09-17 | 0.98 |
| 2025-09-16 | 0.97 |
| 2025-09-15 | 0.95 |
| 2025-09-12 | 0.95 |
| 2025-09-11 | 0.96 |
| 2025-09-10 | 0.93 |
| 2025-09-09 | 0.96 |
| 2025-09-08 | 0.97 |
| 2025-09-05 | 0.97 |
| 2025-09-04 | 0.94 |
| 2025-09-03 | 0.96 |
| 2025-09-02 | 0.95 |
| 2025-08-29 | 0.96 |
Showing the most recent 260 of 2,786 data points. The chart above shows the full history.