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 0.85 is 45% below its estimated 1-year average of 1.54, near the low end of its estimated 1-year range (0.41–5.75).
As of 2026-10-06T21:43:33.534Z.
Calculation as of: 2026-10-06T21:43:33.534Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d8f4fc0a60e2fa26486eda34cf966671b5c009b559e2b87e55245edf3abff2c3
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
0.85
PB RATIO AVG TTM
N/A
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
N/A
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 · TECHNOLOGY
3.46
median of 582 covered companies
CURRENT VS SECTOR MEDIAN
-75.40%
vs the sector median at left
Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares
Market Cap
$266.51M
PB Ratio
0.85
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$265.86M
PB Ratio
4.10
TTM Avg
4.03
3Y Avg
15.85
5Y Avg
19.97
Market Cap
$272.68M
PB Ratio
1.31
TTM Avg
4.39
3Y Avg
8.85
5Y Avg
8.78
Market Cap
$278.60M
PB Ratio
1.70
TTM Avg
1.14
3Y Avg
1.04
5Y Avg
1.27
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares (XNDU) | $266.51M | 0.85 | N/A | N/A | N/A |
| A2Z Cust2Mate Solutions Corp. (AZ)vs › | $265.86M | 4.10 | 4.03 | 15.85 | 19.97 |
| Turtle Beach Corporation (TBCH)vs › | $268.14M | 3.32 | 2.46 | 2.59 | 2.42 |
| Commerce.com, Inc. (CMRC)vs › | $264.86M | 5.13 | 6.25 | 14.85 | 15.02 |
| The Hackett Group, Inc. (HCKT)vs › | $270.15M | 3.96 | 4.58 | 6.21 | 6.08 |
| Duos Technologies Group, Inc. (DUOT)vs › | $272.68M | 1.31 | 4.39 | 8.85 | 8.78 |
| Aviat Networks, Inc. (AVNW)vs › | $273.02M | 1.02 | 1.04 | 1.19 | 1.44 |
| AudioCodes Ltd. (AUDC)vs › | $277.19M | 1.90 | 1.53 | 1.66 | 2.42 |
| Richardson Electronics, Ltd. (RELL)vs › | $278.60M | 1.70 | 1.14 | 1.04 | 1.27 |
| Palladyne AI Corp. (PDYN)vs › | $253.23M | 3.57 | 4.33 | 3.75 | 2.84 |
At 0.85, P/B is below its estimated 1-year median — higher than 12% of readings in its estimated 1-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 1-year low
0.41
median
1.73
estimated 1-year high
5.75
P/B Ratio
0.85
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 | 0.43 |
| 2026-10-02 | 0.41 |
| 2026-10-01 | 0.43 |
| 2026-09-30 | 0.44 |
| 2026-09-29 | 0.46 |
| 2026-09-28 | 0.46 |
| 2026-09-25 | 0.48 |
| 2026-09-24 | 0.49 |
| 2026-09-23 | 0.51 |
| 2026-09-22 | 0.55 |
| 2026-09-21 | 0.71 |
| 2026-09-18 | 0.71 |
| 2026-09-17 | 0.73 |
| 2026-09-16 | 0.72 |
| 2026-09-15 | 0.75 |
| 2026-09-14 | 0.77 |
| 2026-09-11 | 0.82 |
| 2026-09-10 | 0.86 |
| 2026-09-09 | 0.87 |
| 2026-09-08 | 0.92 |
| 2026-09-04 | 0.93 |
| 2026-09-03 | 0.96 |
| 2026-09-02 | 0.95 |
| 2026-09-01 | 0.95 |
| 2026-08-31 | 1.03 |
| 2026-08-28 | 1.01 |
| 2026-08-27 | 0.99 |
| 2026-08-26 | 0.98 |
| 2026-08-25 | 1.02 |
| 2026-08-24 | 1.00 |
| 2026-08-21 | 1.05 |
| 2026-08-20 | 0.97 |
| 2026-08-19 | 0.99 |
| 2026-08-18 | 1.00 |
| 2026-08-17 | 1.08 |
| 2026-08-14 | 1.10 |
| 2026-08-13 | 1.03 |
| 2026-08-12 | 1.02 |
| 2026-08-11 | 0.99 |
| 2026-08-10 | 1.01 |
| 2026-08-07 | 1.05 |
| 2026-08-06 | 0.99 |
| 2026-08-05 | 1.82 |
| 2026-08-04 | 1.85 |
| 2026-08-03 | 1.80 |
| 2026-07-31 | 1.71 |
| 2026-07-30 | 1.75 |
| 2026-07-29 | 1.55 |
| 2026-07-28 | 1.59 |
| 2026-07-27 | 1.62 |
| 2026-07-24 | 1.64 |
| 2026-07-23 | 1.71 |
| 2026-07-22 | 1.76 |
| 2026-07-21 | 1.74 |
| 2026-07-20 | 1.73 |
| 2026-07-17 | 1.59 |
| 2026-07-16 | 1.62 |
| 2026-07-15 | 1.73 |
| 2026-07-14 | 1.77 |
| 2026-07-13 | 1.67 |
| 2026-07-10 | 1.78 |
| 2026-07-09 | 1.79 |
| 2026-07-08 | 1.78 |
| 2026-07-07 | 1.80 |
| 2026-07-06 | 1.87 |
| 2026-07-02 | 1.85 |
| 2026-07-01 | 1.89 |
| 2026-06-30 | 1.93 |
| 2026-06-29 | 1.75 |
| 2026-06-26 | 1.78 |
| 2026-06-25 | 1.94 |
| 2026-06-24 | 1.88 |
| 2026-06-23 | 1.95 |
| 2026-06-22 | 2.00 |
| 2026-06-18 | 2.13 |
| 2026-06-17 | 2.16 |
| 2026-06-16 | 2.13 |
| 2026-06-15 | 2.22 |
| 2026-06-12 | 1.88 |
| 2026-06-11 | 1.98 |
| 2026-06-10 | 1.87 |
| 2026-06-09 | 1.91 |
| 2026-06-08 | 2.08 |
| 2026-06-05 | 2.05 |
| 2026-06-04 | 2.30 |
| 2026-06-03 | 2.36 |
| 2026-06-02 | 2.69 |
| 2026-06-01 | 2.56 |
| 2026-05-29 | 2.57 |
| 2026-05-28 | 2.76 |
| 2026-05-27 | 2.74 |
| 2026-05-26 | 2.84 |
| 2026-05-22 | 2.42 |
| 2026-05-21 | 2.30 |
| 2026-05-20 | 2.25 |
| 2026-05-19 | 1.87 |
| 2026-05-18 | 1.94 |
| 2026-05-15 | 2.16 |
| 2026-05-14 | 2.41 |
| 2026-05-13 | 2.37 |
| 2026-05-12 | 2.25 |
| 2026-05-11 | 2.35 |
| 2026-05-08 | 2.50 |
| 2026-05-07 | 2.77 |
| 2026-05-06 | 2.35 |
| 2026-05-05 | 2.15 |
| 2026-05-04 | 2.23 |
| 2026-05-01 | 5.75 |
| 2026-04-30 | 4.63 |
| 2026-04-29 | 4.44 |
| 2026-04-28 | 4.41 |
| 2026-04-27 | 4.56 |
| 2026-04-24 | 4.93 |
| 2026-04-23 | 4.59 |
| 2026-04-22 | 5.53 |
| 2026-04-21 | 3.64 |
| 2026-04-20 | 4.40 |
| 2026-04-17 | 4.81 |
| 2026-04-16 | 5.20 |
| 2026-04-15 | 4.01 |
| 2026-04-14 | 2.36 |
| 2026-04-13 | 1.83 |
| 2026-04-10 | 1.43 |
| 2026-04-09 | 1.22 |
| 2026-04-08 | 1.20 |
| 2026-04-07 | 1.19 |
| 2026-04-06 | 1.29 |
| 2026-04-02 | 1.34 |
| 2026-04-01 | 1.19 |
| 2026-03-31 | 1.06 |
| 2026-03-30 | 1.09 |
| 2026-03-27 | 1.60 |
| 2026-03-26 | 1.35 |
| 2026-03-25 | 1.24 |
| 2026-03-24 | 1.23 |
| 2026-03-23 | 1.11 |
| 2026-03-20 | 1.16 |
| 2026-03-19 | 1.04 |
| 2026-03-18 | 1.13 |
| 2026-03-17 | 1.19 |
