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 2.07 is in line with its estimated 5-year average of 2.18, near the low end of its estimated 5-year range (1.34–51.84).
As of 2026-09-17T12:55:59.541Z. 6.67% above its estimated 12-month average of 1.94.
Calculation as of: 2026-09-17T12:55:59.541Z.
Quote observation: 2026-09-16T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: caad853e11612173f99e4ccb43f6a99847e76eeb955f153a50c4369f06984cfa
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 2026-09-09.
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
2.07
PB RATIO AVG TTM
1.94
PB RATIO AVG 3Y
2.11
PB RATIO AVG 5Y
2.18
PB RATIO AVG 10Y
16.24
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+6.67%
CURRENT VS 3Y AVG
-1.96%
CURRENT VS 5Y AVG
-5.13%
CURRENT VS 10Y AVG
-87.25%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.37
median of 184 covered companies
CURRENT VS SECTOR MEDIAN
-67.48%
vs the sector median at left
Market Cap
$45.47B
PB Ratio
9.05
TTM Avg
11.95
3Y Avg
13.01
5Y Avg
13.01
Market Cap
$46.14B
PB Ratio
26.74
TTM Avg
28.51
3Y Avg
23.78
5Y Avg
23.78
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Block, Inc. (XYZ) | $45.61B | 2.07 | 1.94 | 2.11 | 2.18 |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $45.47B | 9.05 | 11.95 | 13.01 | 13.01 |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $46.14B | 26.74 | 28.51 | 23.78 | 23.78 |
| Autodesk, Inc. (ADSK)vs › | $46.52B | 13.75 | 18.77 | 25.25 | 35.31 |
| Veeva Systems Inc. (VEEV)vs › | $43.03B | 5.79 | 5.17 | 6.48 | 8.21 |
| Ciena Corporation (CIEN)vs › | $48.20B | 15.77 | 17.41 | 7.96 | 5.89 |
| STMicroelectronics N.V. (STM)vs › | $42.90B | 2.43 | 2.18 | 2.00 | 2.71 |
| Workday, Inc. (WDAY)vs › | $49.18B | 7.61 | 5.72 | 7.53 | 8.88 |
| Strategy Inc (MSTR)vs › | $41.74B | N/A | 1.02 | 6.45 | 9.34 |
| Atlassian Corporation (TEAM)vs › | $49.98B | 47.22 | 26.17 | 44.11 | 100.40 |
At 2.07, P/B is below its estimated 11-year median — higher than 16% 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
1.34
median
10.21
estimated 11-year high
65.44
P/B Ratio
2.07
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 |
|---|---|
| 2026-09-09 | 2.20 |
| 2026-09-08 | 2.22 |
| 2026-09-04 | 2.29 |
| 2026-09-03 | 2.31 |
| 2026-09-02 | 2.28 |
| 2026-09-01 | 2.15 |
| 2026-08-31 | 2.27 |
| 2026-08-28 | 2.31 |
| 2026-08-27 | 2.35 |
| 2026-08-26 | 2.30 |
| 2026-08-25 | 2.29 |
| 2026-08-24 | 2.25 |
| 2026-08-21 | 2.27 |
| 2026-08-20 | 2.22 |
| 2026-08-19 | 2.24 |
| 2026-08-18 | 2.20 |
| 2026-08-17 | 2.22 |
| 2026-08-14 | 2.29 |
| 2026-08-13 | 2.30 |
| 2026-08-12 | 2.17 |
| 2026-08-11 | 2.19 |
| 2026-08-10 | 2.18 |
| 2026-08-07 | 2.19 |
| 2026-08-06 | 2.19 |
| 2026-08-05 | 2.32 |
| 2026-08-04 | 2.33 |
| 2026-08-03 | 2.26 |
| 2026-07-31 | 2.24 |
| 2026-07-30 | 2.27 |
| 2026-07-29 | 2.26 |
| 2026-07-28 | 2.29 |
| 2026-07-27 | 2.24 |
| 2026-07-24 | 2.12 |
| 2026-07-23 | 2.10 |
| 2026-07-22 | 2.13 |
| 2026-07-21 | 2.21 |
| 2026-07-20 | 2.18 |
| 2026-07-17 | 2.20 |
| 2026-07-16 | 2.24 |
| 2026-07-15 | 2.25 |
| 2026-07-14 | 2.20 |
| 2026-07-13 | 2.17 |
| 2026-07-10 | 2.13 |
| 2026-07-09 | 2.13 |
| 2026-07-08 | 2.11 |
| 2026-07-07 | 2.13 |
| 2026-07-06 | 2.17 |
| 2026-07-02 | 2.17 |
| 2026-07-01 | 2.12 |
| 2026-06-30 | 2.09 |
| 2026-06-29 | 2.15 |
| 2026-06-26 | 2.14 |
| 2026-06-25 | 2.04 |
| 2026-06-24 | 2.08 |
| 2026-06-23 | 1.99 |
| 2026-06-22 | 2.01 |
| 2026-06-18 | 2.06 |
| 2026-06-17 | 2.00 |
| 2026-06-16 | 2.06 |
| 2026-06-15 | 2.05 |
| 2026-06-12 | 1.91 |
| 2026-06-11 | 1.90 |
| 2026-06-10 | 1.83 |
| 2026-06-09 | 1.88 |
| 2026-06-08 | 1.92 |
| 2026-06-05 | 1.88 |
| 2026-06-04 | 1.95 |
| 2026-06-03 | 1.92 |
| 2026-06-02 | 2.04 |
| 2026-06-01 | 2.09 |
| 2026-05-29 | 2.08 |
| 2026-05-28 | 2.05 |
| 2026-05-27 | 1.97 |
| 2026-05-26 | 1.90 |
| 2026-05-22 | 1.87 |
| 2026-05-21 | 1.89 |
| 2026-05-20 | 1.95 |
| 2026-05-19 | 1.90 |
| 2026-05-18 | 1.94 |
| 2026-05-15 | 1.94 |
| 2026-05-14 | 1.97 |
| 2026-05-13 | 1.92 |
| 2026-05-12 | 1.98 |
| 2026-05-11 | 2.01 |
| 2026-05-08 | 2.06 |
| 2026-05-07 | 1.97 |
| 2026-05-06 | 1.99 |
| 2026-05-05 | 2.00 |
| 2026-05-04 | 2.02 |
| 2026-05-01 | 2.01 |
| 2026-04-30 | 1.98 |
| 2026-04-29 | 1.95 |
| 2026-04-28 | 1.95 |
| 2026-04-27 | 2.00 |
| 2026-04-24 | 2.01 |
| 2026-04-23 | 1.96 |
| 2026-04-22 | 2.03 |
| 2026-04-21 | 2.01 |
| 2026-04-20 | 2.07 |
| 2026-04-17 | 2.00 |
| 2026-04-16 | 1.93 |
| 2026-04-15 | 1.91 |
| 2026-04-14 | 1.86 |
| 2026-04-13 | 1.80 |
| 2026-04-10 | 1.74 |
| 2026-04-09 | 1.76 |
| 2026-04-08 | 1.76 |
| 2026-04-07 | 1.68 |
| 2026-04-06 | 1.70 |
| 2026-04-02 | 1.68 |
| 2026-04-01 | 1.67 |
| 2026-03-31 | 1.69 |
| 2026-03-30 | 1.60 |
| 2026-03-27 | 1.57 |
| 2026-03-26 | 1.67 |
| 2026-03-25 | 1.68 |
| 2026-03-24 | 1.68 |
| 2026-03-23 | 1.72 |
| 2026-03-20 | 1.67 |
| 2026-03-19 | 1.65 |
| 2026-03-18 | 1.62 |
| 2026-03-17 | 1.68 |
| 2026-03-16 | 1.68 |
| 2026-03-13 | 1.68 |
| 2026-03-12 | 1.68 |
| 2026-03-11 | 1.81 |
| 2026-03-10 | 1.84 |
| 2026-03-09 | 1.84 |
| 2026-03-06 | 1.86 |
| 2026-03-05 | 1.89 |
| 2026-03-04 | 1.83 |
| 2026-03-03 | 1.76 |
| 2026-03-02 | 1.81 |
| 2026-02-27 | 1.79 |
| 2026-02-26 | 1.51 |
| 2026-02-25 | 1.43 |
| 2026-02-24 | 1.41 |
| 2026-02-23 | 1.40 |
| 2026-02-20 | 1.47 |
| 2026-02-19 | 1.46 |
| 2026-02-18 | 1.48 |
| 2026-02-17 | 1.40 |
| 2026-02-13 | 1.38 |
| 2026-02-12 | 1.36 |
| 2026-02-11 | 1.49 |
| 2026-02-10 | 1.58 |
| 2026-02-09 | 1.57 |
| 2026-02-06 | 1.55 |
| 2026-02-05 | 1.47 |
| 2026-02-04 | 1.59 |
| 2026-02-03 | 1.57 |
| 2026-02-02 | 1.67 |
| 2026-01-30 | 1.67 |
| 2026-01-29 | 1.72 |
| 2026-01-28 | 1.77 |
| 2026-01-27 | 1.78 |
| 2026-01-26 | 1.82 |
| 2026-01-23 | 1.85 |
| 2026-01-22 | 1.80 |
| 2026-01-21 | 1.77 |
| 2026-01-20 | 1.73 |
| 2026-01-16 | 1.82 |
| 2026-01-15 | 1.79 |
| 2026-01-14 | 1.81 |
| 2026-01-13 | 1.86 |
| 2026-01-12 | 1.94 |
| 2026-01-09 | 1.92 |
| 2026-01-08 | 1.94 |
| 2026-01-07 | 1.97 |
| 2026-01-06 | 1.93 |
| 2026-01-05 | 1.89 |
| 2026-01-02 | 1.80 |
| 2025-12-31 | 1.80 |
| 2025-12-30 | 1.81 |
| 2025-12-29 | 1.82 |
| 2025-12-26 | 1.83 |
| 2025-12-24 | 1.82 |
| 2025-12-23 | 1.79 |
| 2025-12-22 | 1.80 |
| 2025-12-19 | 1.80 |
| 2025-12-18 | 1.78 |
| 2025-12-17 | 1.76 |
| 2025-12-16 | 1.78 |
| 2025-12-15 | 1.77 |
| 2025-12-12 | 1.79 |
| 2025-12-11 | 1.76 |
| 2025-12-10 | 1.75 |
| 2025-12-09 | 1.70 |
| 2025-12-08 | 1.69 |
| 2025-12-05 | 1.69 |
| 2025-12-04 | 1.72 |
| 2025-12-03 | 1.69 |
| 2025-12-02 | 1.66 |
| 2025-12-01 | 1.78 |
| 2025-11-28 | 1.85 |
| 2025-11-26 | 1.80 |
| 2025-11-25 | 1.76 |
| 2025-11-24 | 1.71 |
| 2025-11-21 | 1.71 |
| 2025-11-20 | 1.71 |
| 2025-11-19 | 1.71 |
| 2025-11-18 | 1.59 |
| 2025-11-17 | 1.63 |
| 2025-11-14 | 1.67 |
| 2025-11-13 | 1.72 |
| 2025-11-12 | 1.82 |
| 2025-11-11 | 1.82 |
| 2025-11-10 | 1.85 |
| 2025-11-07 | 1.81 |
| 2025-11-06 | 1.98 |
| 2025-11-05 | 2.06 |
| 2025-11-04 | 2.03 |
| 2025-11-03 | 2.08 |
| 2025-10-31 | 2.12 |
| 2025-10-30 | 2.06 |
| 2025-10-29 | 2.14 |
| 2025-10-28 | 2.24 |
| 2025-10-27 | 2.24 |
| 2025-10-24 | 2.22 |
| 2025-10-23 | 2.19 |
| 2025-10-22 | 2.12 |
| 2025-10-21 | 2.17 |
| 2025-10-20 | 2.14 |
| 2025-10-17 | 2.10 |
| 2025-10-16 | 2.08 |
| 2025-10-15 | 2.13 |
| 2025-10-14 | 2.13 |
| 2025-10-13 | 2.10 |
| 2025-10-10 | 2.09 |
| 2025-10-09 | 2.26 |
| 2025-10-08 | 2.27 |
| 2025-10-07 | 2.21 |
| 2025-10-06 | 2.17 |
| 2025-10-03 | 2.15 |
| 2025-10-02 | 2.15 |
| 2025-10-01 | 2.05 |
| 2025-09-30 | 2.02 |
| 2025-09-29 | 2.11 |
| 2025-09-26 | 2.06 |
| 2025-09-25 | 2.06 |
| 2025-09-24 | 2.14 |
| 2025-09-23 | 2.14 |
| 2025-09-22 | 2.16 |
| 2025-09-19 | 2.15 |
| 2025-09-18 | 2.16 |
| 2025-09-17 | 2.11 |
| 2025-09-16 | 2.12 |
| 2025-09-15 | 2.08 |
| 2025-09-12 | 2.04 |
| 2025-09-11 | 2.07 |
| 2025-09-10 | 2.06 |
| 2025-09-09 | 2.11 |
| 2025-09-08 | 2.12 |
| 2025-09-05 | 2.09 |
| 2025-09-04 | 2.12 |
| 2025-09-03 | 2.12 |
| 2025-09-02 | 2.13 |
| 2025-08-29 | 2.22 |
| 2025-08-28 | 2.26 |
| 2025-08-27 | 2.22 |
Showing the most recent 260 of 2,715 data points. The chart above shows the full history.