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 13.23 is 18% below its estimated 5-year average of 16.05, near the low end of its estimated 5-year range (2.95–177.94).
As of 2026-10-06T21:38:44.086Z. 15.09% above its estimated 12-month average of 11.50.
Calculation as of: 2026-10-06T21:38:44.086Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4326b808e448bd4143e63289af0f1314e4370c2287e91e713203ab21df88576c
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
13.23
PB RATIO AVG TTM
11.50
PB RATIO AVG 3Y
17.66
PB RATIO AVG 5Y
16.05
PB RATIO AVG 10Y
15.57
PB RATIO AVG 15Y
10.54
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+15.09%
CURRENT VS 3Y AVG
-25.08%
CURRENT VS 5Y AVG
-17.56%
CURRENT VS 10Y AVG
-15.01%
CURRENT VS 15Y AVG
+25.48%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.39
median of 761 covered companies
CURRENT VS SECTOR MEDIAN
+453.56%
vs the sector median at left
Market Cap
$7.81B
PB Ratio
5.82
TTM Avg
9.98
3Y Avg
5.39
5Y Avg
3.79
Market Cap
$7.31B
PB Ratio
16.63
TTM Avg
22.06
3Y Avg
17.78
5Y Avg
14.44
Market Cap
$8.67B
PB Ratio
18.62
TTM Avg
17.80
3Y Avg
14.54
5Y Avg
12.88
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TG Therapeutics, Inc. (TGTX) | $7.99B | 13.23 | 11.50 | 17.66 | 16.05 |
| Praxis Precision Medicines, Inc. (PRAX)vs › | $7.81B | 5.82 | 9.98 | 5.39 | 3.79 |
| Caris Life Sciences, Inc. (CAI)vs › | $7.76B | 13.12 | 12.38 | 13.49 | 13.49 |
| Cytokinetics, Incorporated (CYTK)vs › | $7.63B | N/A | 54.92 | 29.75 | 38.58 |
| HealthEquity, Inc. (HQY)vs › | $7.61B | 3.82 | 3.73 | 3.67 | 3.31 |
| Hinge Health, Inc. (HNGE)vs › | $7.61B | 22.10 | 28.10 | 28.10 | 28.10 |
| Oscar Health, Inc. (OSCR)vs › | $8.38B | 4.09 | 4.60 | 4.06 | 2.91 |
| Ionis Pharmaceuticals, Inc. (IONS)vs › | $7.31B | 16.63 | 22.06 | 17.78 | 14.44 |
| Arrowhead Pharmaceuticals, Inc. (ARWR)vs › | $8.67B | 18.62 | 17.80 | 14.54 | 12.88 |
| Kymera Therapeutics, Inc. (KYMR)vs › | $8.72B | 5.78 | 6.20 | 4.71 | 4.38 |
At 13.23, P/B is above its estimated 15-year median — higher than 66% of readings in its estimated 15-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 15-year low
1.51
median
8.83
estimated 15-year high
177.94
P/B Ratio
13.23
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 | 14.04 |
| 2026-10-02 | 14.14 |
| 2026-10-01 | 13.96 |
| 2026-09-30 | 14.52 |
| 2026-09-29 | 14.63 |
| 2026-09-28 | 14.63 |
| 2026-09-25 | 14.95 |
| 2026-09-24 | 14.98 |
| 2026-09-23 | 14.58 |
| 2026-09-22 | 15.13 |
| 2026-09-21 | 14.88 |
| 2026-09-18 | 14.81 |
| 2026-09-17 | 14.70 |
| 2026-09-16 | 14.54 |
| 2026-09-15 | 13.81 |
| 2026-09-14 | 14.06 |
| 2026-09-11 | 14.03 |
| 2026-09-10 | 14.42 |
| 2026-09-09 | 14.23 |
| 2026-09-08 | 14.51 |
| 2026-09-04 | 14.58 |
| 2026-09-03 | 14.77 |
| 2026-09-02 | 14.81 |
| 2026-09-01 | 14.60 |
| 2026-08-31 | 14.14 |
| 2026-08-28 | 14.04 |
| 2026-08-27 | 14.51 |
| 2026-08-26 | 14.33 |
| 2026-08-25 | 14.43 |
| 2026-08-24 | 14.58 |
| 2026-08-21 | 14.13 |
| 2026-08-20 | 13.16 |
| 2026-08-19 | 13.46 |
| 2026-08-18 | 13.09 |
| 2026-08-17 | 12.83 |
| 2026-08-14 | 12.69 |
| 2026-08-13 | 12.48 |
| 2026-08-12 | 12.89 |
| 2026-08-11 | 12.99 |
| 2026-08-10 | 12.80 |
| 2026-08-07 | 12.96 |
| 2026-08-06 | 12.90 |
| 2026-08-05 | 13.69 |
| 2026-08-04 | 13.38 |
| 2026-08-03 | 12.67 |
| 2026-07-31 | 14.28 |
| 2026-07-30 | 14.69 |
| 2026-07-29 | 14.68 |
| 2026-07-28 | 15.06 |
| 2026-07-27 | 15.30 |
| 2026-07-24 | 15.38 |
| 2026-07-23 | 15.23 |
| 2026-07-22 | 14.46 |
| 2026-07-21 | 14.81 |
| 2026-07-20 | 14.81 |
| 2026-07-17 | 15.06 |
| 2026-07-16 | 15.08 |
| 2026-07-15 | 15.48 |
| 2026-07-14 | 15.07 |
| 2026-07-13 | 15.10 |
| 2026-07-10 | 15.68 |
| 2026-07-09 | 16.21 |
| 2026-07-08 | 15.71 |
| 2026-07-07 | 15.94 |
| 2026-07-06 | 15.23 |
| 2026-07-02 | 14.63 |
| 2026-07-01 | 14.69 |
| 2026-06-30 | 15.08 |
| 2026-06-29 | 15.29 |
| 2026-06-26 | 15.32 |
| 2026-06-25 | 14.72 |
| 2026-06-24 | 14.71 |
| 2026-06-23 | 14.81 |
| 2026-06-22 | 14.93 |
| 2026-06-18 | 14.61 |
| 2026-06-17 | 14.14 |
| 2026-06-16 | 13.87 |
| 2026-06-15 | 13.81 |
| 2026-06-12 | 13.59 |
| 2026-06-11 | 13.19 |
| 2026-06-10 | 12.80 |
| 2026-06-09 | 11.90 |
| 2026-06-08 | 11.24 |
| 2026-06-05 | 11.02 |
| 2026-06-04 | 11.13 |
| 2026-06-03 | 11.01 |
| 2026-06-02 | 10.06 |
| 2026-06-01 | 10.27 |
| 2026-05-29 | 10.41 |
| 2026-05-28 | 10.66 |
| 2026-05-27 | 10.76 |
| 2026-05-26 | 10.91 |
| 2026-05-22 | 10.67 |
| 2026-05-21 | 10.77 |
| 2026-05-20 | 10.91 |
| 2026-05-19 | 10.82 |
| 2026-05-18 | 10.84 |
| 2026-05-15 | 10.84 |
| 2026-05-14 | 11.20 |
| 2026-05-13 | 11.71 |
| 2026-05-12 | 11.68 |
| 2026-05-11 | 11.84 |
| 2026-05-08 | 11.76 |
| 2026-05-07 | 11.81 |
| 2026-05-06 | 10.32 |
| 2026-05-05 | 8.88 |
| 2026-05-04 | 8.78 |
| 2026-05-01 | 8.32 |
| 2026-04-30 | 8.31 |
| 2026-04-29 | 8.26 |
| 2026-04-28 | 8.50 |
| 2026-04-27 | 8.70 |
| 2026-04-24 | 9.01 |
| 2026-04-23 | 9.08 |
| 2026-04-22 | 9.42 |
| 2026-04-21 | 8.92 |
| 2026-04-20 | 9.09 |
| 2026-04-17 | 8.69 |
| 2026-04-16 | 8.44 |
| 2026-04-15 | 8.51 |
| 2026-04-14 | 8.50 |
| 2026-04-13 | 8.31 |
| 2026-04-10 | 8.30 |
| 2026-04-09 | 8.52 |
| 2026-04-08 | 8.41 |
| 2026-04-07 | 8.21 |
| 2026-04-06 | 8.29 |
| 2026-04-02 | 8.25 |
| 2026-04-01 | 8.26 |
| 2026-03-31 | 8.17 |
| 2026-03-30 | 7.75 |
| 2026-03-27 | 7.81 |
| 2026-03-26 | 7.86 |
| 2026-03-25 | 7.83 |
| 2026-03-24 | 7.43 |
| 2026-03-23 | 7.49 |
| 2026-03-20 | 7.40 |
| 2026-03-19 | 7.47 |
| 2026-03-18 | 7.39 |
| 2026-03-17 | 7.75 |
| 2026-03-16 | 7.08 |
| 2026-03-13 | 6.88 |
| 2026-03-12 | 6.63 |
| 2026-03-11 | 6.90 |
| 2026-03-10 | 7.20 |
| 2026-03-09 | 7.18 |
| 2026-03-06 | 7.20 |
| 2026-03-05 | 7.14 |
| 2026-03-04 | 7.18 |
| 2026-03-03 | 7.10 |
| 2026-03-02 | 7.23 |
| 2026-02-27 | 7.98 |
| 2026-02-26 | 8.19 |
| 2026-02-25 | 7.86 |
| 2026-02-24 | 8.09 |
| 2026-02-23 | 8.11 |
| 2026-02-20 | 7.83 |
| 2026-02-19 | 7.81 |
| 2026-02-18 | 7.75 |
| 2026-02-17 | 7.70 |
| 2026-02-13 | 7.56 |
| 2026-02-12 | 7.54 |
| 2026-02-11 | 7.64 |
| 2026-02-10 | 7.73 |
| 2026-02-09 | 7.84 |
| 2026-02-06 | 7.65 |
| 2026-02-05 | 7.36 |
| 2026-02-04 | 7.72 |
| 2026-02-03 | 7.88 |
| 2026-02-02 | 7.74 |
| 2026-01-30 | 7.80 |
| 2026-01-29 | 7.95 |
| 2026-01-28 | 8.04 |
| 2026-01-27 | 8.17 |
| 2026-01-26 | 8.13 |
| 2026-01-23 | 8.27 |
| 2026-01-22 | 8.39 |
| 2026-01-21 | 8.37 |
| 2026-01-20 | 8.20 |
| 2026-01-16 | 8.11 |
| 2026-01-15 | 8.14 |
| 2026-01-14 | 7.83 |
| 2026-01-13 | 7.39 |
| 2026-01-12 | 7.35 |
| 2026-01-09 | 7.55 |
| 2026-01-08 | 8.09 |
| 2026-01-07 | 8.04 |
| 2026-01-06 | 7.80 |
| 2026-01-05 | 7.93 |
| 2026-01-02 | 7.76 |
| 2025-12-31 | 7.90 |
| 2025-12-30 | 7.89 |
| 2025-12-29 | 8.09 |
| 2025-12-26 | 8.16 |
| 2025-12-24 | 8.24 |
| 2025-12-23 | 8.15 |
| 2025-12-22 | 8.25 |
| 2025-12-19 | 8.21 |
| 2025-12-18 | 7.94 |
| 2025-12-17 | 8.25 |
| 2025-12-16 | 8.16 |
| 2025-12-15 | 8.33 |
| 2025-12-12 | 8.31 |
| 2025-12-11 | 8.48 |
| 2025-12-10 | 8.11 |
| 2025-12-09 | 8.07 |
| 2025-12-08 | 8.17 |
| 2025-12-05 | 8.16 |
| 2025-12-04 | 8.32 |
| 2025-12-03 | 8.38 |
| 2025-12-02 | 8.12 |
| 2025-12-01 | 8.40 |
| 2025-11-28 | 8.82 |
| 2025-11-26 | 8.86 |
| 2025-11-25 | 8.74 |
| 2025-11-24 | 8.49 |
| 2025-11-21 | 8.47 |
| 2025-11-20 | 8.07 |
| 2025-11-19 | 8.04 |
| 2025-11-18 | 8.28 |
| 2025-11-17 | 8.14 |
| 2025-11-14 | 8.22 |
| 2025-11-13 | 8.21 |
| 2025-11-12 | 8.22 |
| 2025-11-11 | 8.25 |
| 2025-11-10 | 8.03 |
| 2025-11-07 | 8.55 |
| 2025-11-06 | 8.82 |
| 2025-11-05 | 20.02 |
| 2025-11-04 | 19.88 |
| 2025-11-03 | 19.81 |
| 2025-10-31 | 20.45 |
| 2025-10-30 | 20.01 |
| 2025-10-29 | 19.86 |
| 2025-10-28 | 20.32 |
| 2025-10-27 | 19.81 |
| 2025-10-24 | 19.61 |
| 2025-10-23 | 19.69 |
| 2025-10-22 | 20.34 |
| 2025-10-21 | 20.71 |
| 2025-10-20 | 20.65 |
| 2025-10-17 | 20.39 |
| 2025-10-16 | 20.51 |
| 2025-10-15 | 20.61 |
| 2025-10-14 | 20.08 |
| 2025-10-13 | 20.12 |
| 2025-10-10 | 19.85 |
| 2025-10-09 | 20.56 |
| 2025-10-08 | 21.02 |
| 2025-10-07 | 21.46 |
| 2025-10-06 | 21.62 |
| 2025-10-03 | 21.59 |
| 2025-10-02 | 21.56 |
| 2025-10-01 | 21.50 |
| 2025-09-30 | 21.25 |
| 2025-09-29 | 21.66 |
| 2025-09-26 | 20.88 |
| 2025-09-25 | 20.37 |
| 2025-09-24 | 20.82 |
| 2025-09-23 | 20.92 |
Showing the most recent 260 of 3,523 data points. The chart above shows the full history.