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 8.27 is 49% below its estimated 5-year average of 16.07, near the low end of its estimated 5-year range (6.14–36.74).
As of 2026-10-06T21:34:27.130Z. 18.26% below its estimated 12-month average of 10.12.
Calculation as of: 2026-10-06T21:34:27.130Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 3c55c61ae9eab3f61da0e1006d343917997f447ec7f5c60e8e720a5796136a36
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
8.27
PB RATIO AVG TTM
10.12
PB RATIO AVG 3Y
19.48
PB RATIO AVG 5Y
16.07
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-18.26%
CURRENT VS 3Y AVG
-57.54%
CURRENT VS 5Y AVG
-48.55%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
3.46
median of 582 covered companies
CURRENT VS SECTOR MEDIAN
+139.36%
vs the sector median at left
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vertex, Inc. (VERX) | $1.99B | 8.27 | 10.12 | 19.48 | 16.07 |
| BitVentures Limited (BVC)vs › | $2.01B | 137.33 | N/A | N/A | N/A |
| Blackbaud, Inc. (BLKB)vs › | $1.97B | 29.46 | 30.92 | 24.70 | 16.93 |
| Amplitude, Inc. (AMPL)vs › | $1.97B | 14.43 | 5.95 | 5.02 | 5.13 |
| GigaCloud Technology Inc. (GCT)vs › | $2.04B | 3.83 | 3.08 | 2.87 | 2.66 |
| Bandwidth Inc. (BAND)vs › | $1.93B | 0.01 | 1.87 | 1.56 | 1.85 |
| Sonos, Inc. (SONO)vs › | $2.06B | 5.11 | 4.87 | 4.01 | 4.19 |
| Karooooo Ltd. (KARO)vs › | $1.90B | 8.61 | 8.24 | 7.65 | 7.05 |
| nCino, Inc. (NCNO)vs › | $2.09B | 2.25 | 2.22 | 2.97 | 3.98 |
| Keel Infrastructure Corp. (KEEL)vs › | $2.10B | 6.37 | 4.31 | 2.58 | 2.13 |
At 8.27, P/B is below its estimated 6-year median — higher than 8% 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
6.14
median
13.90
estimated 6-year high
36.74
P/B Ratio
8.27
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 | 8.22 |
| 2026-10-02 | 8.04 |
| 2026-10-01 | 8.23 |
| 2026-09-30 | 7.89 |
| 2026-09-29 | 7.46 |
| 2026-09-28 | 7.40 |
| 2026-09-25 | 7.61 |
| 2026-09-24 | 7.82 |
| 2026-09-23 | 7.85 |
| 2026-09-22 | 7.89 |
| 2026-09-21 | 8.09 |
| 2026-09-18 | 8.01 |
| 2026-09-17 | 8.23 |
| 2026-09-16 | 8.42 |
| 2026-09-15 | 8.63 |
| 2026-09-14 | 8.76 |
| 2026-09-11 | 8.21 |
| 2026-09-10 | 8.21 |
| 2026-09-09 | 8.28 |
| 2026-09-08 | 8.65 |
| 2026-09-04 | 9.22 |
| 2026-09-03 | 9.22 |
| 2026-09-02 | 9.02 |
| 2026-09-01 | 9.26 |
| 2026-08-31 | 9.48 |
| 2026-08-28 | 9.53 |
| 2026-08-27 | 9.57 |
| 2026-08-26 | 9.08 |
| 2026-08-25 | 9.05 |
| 2026-08-24 | 9.16 |
| 2026-08-21 | 9.02 |
| 2026-08-20 | 9.09 |
| 2026-08-19 | 9.05 |
| 2026-08-18 | 8.59 |
| 2026-08-17 | 8.35 |
| 2026-08-14 | 8.51 |
| 2026-08-13 | 8.87 |
| 2026-08-12 | 8.23 |
| 2026-08-11 | 8.19 |
| 2026-08-10 | 8.13 |
| 2026-08-07 | 7.99 |
| 2026-08-06 | 7.74 |
| 2026-08-05 | 7.90 |
| 2026-08-04 | 8.80 |
| 2026-08-03 | 9.52 |
| 2026-07-31 | 9.17 |
| 2026-07-30 | 8.95 |
| 2026-07-29 | 9.46 |
| 2026-07-28 | 9.40 |
| 2026-07-27 | 8.98 |
| 2026-07-24 | 8.43 |
| 2026-07-23 | 7.73 |
| 2026-07-22 | 7.85 |
| 2026-07-21 | 8.72 |
| 2026-07-20 | 9.15 |
| 2026-07-17 | 9.09 |
| 2026-07-16 | 9.35 |
| 2026-07-15 | 9.05 |
| 2026-07-14 | 8.86 |
| 2026-07-13 | 9.22 |
| 2026-07-10 | 8.79 |
| 2026-07-09 | 9.09 |
| 2026-07-08 | 9.03 |
| 2026-07-07 | 9.52 |
| 2026-07-06 | 9.13 |
| 2026-07-02 | 9.13 |
| 2026-07-01 | 8.89 |
| 2026-06-30 | 8.15 |
| 2026-06-29 | 8.10 |
| 2026-06-26 | 8.08 |
| 2026-06-25 | 7.70 |
| 2026-06-24 | 7.90 |
| 2026-06-23 | 7.76 |
| 2026-06-22 | 7.51 |
| 2026-06-18 | 7.90 |
| 2026-06-17 | 8.11 |
| 2026-06-16 | 8.48 |
| 2026-06-15 | 8.43 |
| 2026-06-12 | 8.72 |
| 2026-06-11 | 8.60 |
| 2026-06-10 | 9.08 |
| 2026-06-09 | 9.04 |
| 2026-06-08 | 9.17 |
| 2026-06-05 | 9.35 |
| 2026-06-04 | 9.35 |
| 2026-06-03 | 9.08 |
| 2026-06-02 | 9.84 |
| 2026-06-01 | 10.63 |
| 2026-05-29 | 9.48 |
| 2026-05-28 | 8.98 |
| 2026-05-27 | 8.91 |
| 2026-05-26 | 9.28 |
| 2026-05-22 | 9.55 |
| 2026-05-21 | 9.35 |
| 2026-05-20 | 9.60 |
| 2026-05-19 | 9.35 |
| 2026-05-18 | 9.42 |
| 2026-05-15 | 9.13 |
| 2026-05-14 | 8.79 |
| 2026-05-13 | 9.05 |
| 2026-05-12 | 9.61 |
| 2026-05-11 | 9.88 |
| 2026-05-08 | 10.60 |
| 2026-05-07 | 9.92 |
| 2026-05-06 | 8.56 |
| 2026-05-05 | 9.22 |
| 2026-05-04 | 9.02 |
| 2026-05-01 | 8.92 |
| 2026-04-30 | 8.36 |
| 2026-04-29 | 8.30 |
| 2026-04-28 | 8.54 |
| 2026-04-27 | 8.49 |
| 2026-04-24 | 8.47 |
| 2026-04-23 | 7.90 |
| 2026-04-22 | 8.41 |
| 2026-04-21 | 8.45 |
| 2026-04-20 | 8.65 |
| 2026-04-17 | 8.35 |
| 2026-04-16 | 8.28 |
| 2026-04-15 | 8.25 |
| 2026-04-14 | 7.74 |
| 2026-04-13 | 7.82 |
| 2026-04-10 | 7.30 |
| 2026-04-09 | 7.62 |
| 2026-04-08 | 7.84 |
| 2026-04-07 | 8.06 |
| 2026-04-06 | 8.18 |
| 2026-04-02 | 8.13 |
| 2026-04-01 | 8.17 |
| 2026-03-31 | 8.04 |
| 2026-03-30 | 7.89 |
| 2026-03-27 | 7.67 |
| 2026-03-26 | 7.96 |
| 2026-03-25 | 7.88 |
| 2026-03-24 | 8.13 |
| 2026-03-23 | 8.83 |
| 2026-03-20 | 8.70 |
| 2026-03-19 | 8.78 |
| 2026-03-18 | 8.76 |
| 2026-03-17 | 8.93 |
| 2026-03-16 | 8.96 |
| 2026-03-13 | 8.99 |
| 2026-03-12 | 9.29 |
| 2026-03-11 | 9.55 |
| 2026-03-10 | 9.64 |
| 2026-03-09 | 10.10 |
| 2026-03-06 | 10.31 |
| 2026-03-05 | 10.54 |
| 2026-03-04 | 10.24 |
| 2026-03-03 | 9.90 |
| 2026-03-02 | 9.74 |
| 2026-02-27 | 9.79 |
| 2026-02-26 | 10.03 |
| 2026-02-25 | 9.05 |
| 2026-02-24 | 8.13 |
| 2026-02-23 | 7.38 |
| 2026-02-20 | 7.81 |
| 2026-02-19 | 7.85 |
| 2026-02-18 | 7.41 |
| 2026-02-17 | 7.57 |
| 2026-02-13 | 7.82 |
| 2026-02-12 | 7.59 |
| 2026-02-11 | 7.87 |
| 2026-02-10 | 9.12 |
| 2026-02-09 | 9.36 |
| 2026-02-06 | 9.65 |
| 2026-02-05 | 9.17 |
| 2026-02-04 | 9.55 |
| 2026-02-03 | 9.73 |
| 2026-02-02 | 11.47 |
| 2026-01-30 | 11.37 |
| 2026-01-29 | 11.47 |
| 2026-01-28 | 12.12 |
| 2026-01-27 | 11.85 |
| 2026-01-26 | 12.15 |
| 2026-01-23 | 12.08 |
| 2026-01-22 | 12.02 |
| 2026-01-21 | 11.44 |
| 2026-01-20 | 11.65 |
| 2026-01-16 | 11.83 |
| 2026-01-15 | 11.66 |
| 2026-01-14 | 11.96 |
| 2026-01-13 | 12.10 |
| 2026-01-12 | 12.21 |
| 2026-01-09 | 12.24 |
| 2026-01-08 | 12.29 |
| 2026-01-07 | 12.25 |
| 2026-01-06 | 12.16 |
| 2026-01-05 | 11.99 |
| 2026-01-02 | 11.66 |
| 2025-12-31 | 12.25 |
| 2025-12-30 | 12.28 |
| 2025-12-29 | 12.44 |
| 2025-12-26 | 12.45 |
| 2025-12-24 | 12.29 |
| 2025-12-23 | 12.25 |
| 2025-12-22 | 12.42 |
| 2025-12-19 | 12.28 |
| 2025-12-18 | 12.34 |
| 2025-12-17 | 12.55 |
| 2025-12-16 | 12.64 |
| 2025-12-15 | 11.93 |
| 2025-12-12 | 12.21 |
| 2025-12-11 | 12.20 |
| 2025-12-10 | 12.12 |
| 2025-12-09 | 12.03 |
| 2025-12-08 | 11.85 |
| 2025-12-05 | 12.07 |
| 2025-12-04 | 11.93 |
| 2025-12-03 | 12.13 |
| 2025-12-02 | 11.72 |
| 2025-12-01 | 11.79 |
| 2025-11-28 | 12.06 |
| 2025-11-26 | 11.98 |
| 2025-11-25 | 12.15 |
| 2025-11-24 | 11.99 |
| 2025-11-21 | 12.13 |
| 2025-11-20 | 11.98 |
| 2025-11-19 | 12.04 |
| 2025-11-18 | 12.09 |
| 2025-11-17 | 12.23 |
| 2025-11-14 | 12.37 |
| 2025-11-13 | 12.48 |
| 2025-11-12 | 12.70 |
| 2025-11-11 | 12.05 |
| 2025-11-10 | 11.77 |
| 2025-11-07 | 11.96 |
| 2025-11-06 | 11.71 |
| 2025-11-05 | 12.31 |
| 2025-11-04 | 12.21 |
| 2025-11-03 | 13.26 |
| 2025-10-31 | 14.67 |
| 2025-10-30 | 14.48 |
| 2025-10-29 | 14.89 |
| 2025-10-28 | 16.09 |
| 2025-10-27 | 16.44 |
| 2025-10-24 | 16.28 |
| 2025-10-23 | 16.21 |
| 2025-10-22 | 16.57 |
| 2025-10-21 | 16.62 |
| 2025-10-20 | 16.43 |
| 2025-10-17 | 15.59 |
| 2025-10-16 | 15.62 |
| 2025-10-15 | 15.83 |
| 2025-10-14 | 16.06 |
| 2025-10-13 | 15.84 |
| 2025-10-10 | 15.88 |
| 2025-10-09 | 15.99 |
| 2025-10-08 | 16.38 |
| 2025-10-07 | 15.89 |
| 2025-10-06 | 16.10 |
| 2025-10-03 | 16.06 |
| 2025-10-02 | 15.86 |
| 2025-10-01 | 15.72 |
| 2025-09-30 | 15.88 |
| 2025-09-29 | 16.27 |
| 2025-09-26 | 16.00 |
| 2025-09-25 | 15.77 |
| 2025-09-24 | 15.96 |
| 2025-09-23 | 16.17 |
Showing the most recent 260 of 1,478 data points. The chart above shows the full history.