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 11.92 is 60% below its estimated 5-year average of 29.57, near the low end of its estimated 5-year range (8.41–96.07).
As of 2026-09-16T22:31:02.251Z. 23.43% below its estimated 12-month average of 15.57.
Calculation as of: 2026-09-16T22:31:02.251Z.
Quote observation: 2026-09-16T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 2d5b0398e086d8d62c0ec68ddfc35d56bd468cf0d34503dc8023dcfca4f0706b
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
11.92
PB RATIO AVG TTM
15.57
PB RATIO AVG 3Y
22.58
PB RATIO AVG 5Y
29.57
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-23.43%
CURRENT VS 3Y AVG
-47.21%
CURRENT VS 5Y AVG
-59.68%
CURRENT VS 10Y AVG
N/A
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
+87.27%
vs the sector median at left
Market Cap
$30.11B
PB Ratio
11.04
TTM Avg
23.15
3Y Avg
16.56
5Y Avg
12.95
Market Cap
$27.86B
PB Ratio
2.55
TTM Avg
2.67
3Y Avg
2.41
5Y Avg
2.45
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Zscaler, Inc. (ZS) | $30.98B | 11.92 | 15.57 | 22.58 | 29.57 |
| Jabil Inc. (JBL)vs › | $31.15B | 23.54 | 22.06 | 13.43 | 9.75 |
| Okta, Inc. (OKTA)vs › | $31.25B | 4.48 | 2.62 | 2.56 | 2.80 |
| MongoDB, Inc. (MDB)vs › | $30.27B | 10.16 | 9.58 | 14.70 | 21.41 |
| Credo Technology Group Holding Ltd (CRDO)vs › | $30.11B | 11.04 | 23.15 | 16.56 | 12.95 |
| HP Inc. (HPQ)vs › | $29.90B | N/A | 0.90 | 0.96 | 0.83 |
| Everpure, Inc. (P)vs › | $32.47B | 21.07 | 18.92 | 15.29 | 13.68 |
| Roblox Corporation (RBLX)vs › | $33.88B | 222.91 | 141.72 | 197.29 | 144.95 |
| Teledyne Technologies Incorporated (TDY)vs › | $27.86B | 2.55 | 2.67 | 2.41 | 2.45 |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $27.86B | 1.93 | 2.06 | 2.47 | 2.71 |
At 11.92, P/B is below its estimated 8-year median — higher than 5% of readings in its estimated 8-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 8-year low
8.41
median
30.30
estimated 8-year high
113.61
P/B Ratio
11.92
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 | 10.24 |
| 2026-09-08 | 9.99 |
| 2026-09-04 | 10.47 |
| 2026-09-03 | 12.08 |
| 2026-09-02 | 11.73 |
| 2026-09-01 | 12.12 |
| 2026-08-31 | 12.80 |
| 2026-08-28 | 12.51 |
| 2026-08-27 | 12.72 |
| 2026-08-26 | 11.57 |
| 2026-08-25 | 11.44 |
| 2026-08-24 | 11.96 |
| 2026-08-21 | 12.34 |
| 2026-08-20 | 11.88 |
| 2026-08-19 | 12.54 |
| 2026-08-18 | 12.61 |
| 2026-08-17 | 12.53 |
| 2026-08-14 | 12.47 |
| 2026-08-13 | 12.78 |
| 2026-08-12 | 12.04 |
| 2026-08-11 | 12.13 |
| 2026-08-10 | 12.00 |
| 2026-08-07 | 11.46 |
| 2026-08-06 | 11.04 |
| 2026-08-05 | 10.98 |
| 2026-08-04 | 11.09 |
| 2026-08-03 | 10.49 |
| 2026-07-31 | 10.27 |
| 2026-07-30 | 10.08 |
| 2026-07-29 | 10.44 |
| 2026-07-28 | 10.30 |
| 2026-07-27 | 10.00 |
| 2026-07-24 | 9.67 |
| 2026-07-23 | 9.49 |
| 2026-07-22 | 9.66 |
| 2026-07-21 | 10.10 |
| 2026-07-20 | 10.18 |
| 2026-07-17 | 10.18 |
| 2026-07-16 | 9.95 |
| 2026-07-15 | 10.07 |
| 2026-07-14 | 10.33 |
| 2026-07-13 | 9.63 |
| 2026-07-10 | 9.46 |
| 2026-07-09 | 9.99 |
| 2026-07-08 | 9.75 |
| 2026-07-07 | 10.15 |
| 2026-07-06 | 10.22 |
| 2026-07-02 | 10.01 |
| 2026-07-01 | 9.95 |
| 2026-06-30 | 9.59 |
| 2026-06-29 | 9.35 |
| 2026-06-26 | 8.98 |
| 2026-06-25 | 8.41 |
| 2026-06-24 | 8.64 |
| 2026-06-23 | 8.57 |
| 2026-06-22 | 8.43 |
| 2026-06-18 | 8.48 |
| 2026-06-17 | 8.45 |
| 2026-06-16 | 8.64 |
| 2026-06-15 | 8.86 |
| 2026-06-12 | 8.80 |
| 2026-06-11 | 8.57 |
| 2026-06-10 | 8.47 |
| 2026-06-09 | 8.55 |
| 2026-06-08 | 8.78 |
| 2026-06-05 | 8.88 |
| 2026-06-04 | 9.19 |
| 2026-06-03 | 9.13 |
| 2026-06-02 | 9.79 |
| 2026-06-01 | 10.58 |
| 2026-05-29 | 9.49 |
| 2026-05-28 | 8.83 |
| 2026-05-27 | 8.59 |
| 2026-05-26 | 13.42 |
| 2026-05-22 | 13.26 |
| 2026-05-21 | 12.44 |
| 2026-05-20 | 12.69 |
| 2026-05-19 | 12.74 |
| 2026-05-18 | 12.70 |
| 2026-05-15 | 11.71 |
| 2026-05-14 | 11.18 |
| 2026-05-13 | 11.08 |
| 2026-05-12 | 10.63 |
| 2026-05-11 | 10.83 |
| 2026-05-08 | 11.06 |
| 2026-05-07 | 11.11 |
| 2026-05-06 | 10.10 |
| 2026-05-05 | 10.28 |
| 2026-05-04 | 10.34 |
| 2026-05-01 | 10.17 |
| 2026-04-30 | 9.50 |
| 2026-04-29 | 9.80 |
| 2026-04-28 | 9.89 |
| 2026-04-27 | 9.75 |
| 2026-04-24 | 9.85 |
| 2026-04-23 | 9.67 |
| 2026-04-22 | 10.37 |
| 2026-04-21 | 10.15 |
| 2026-04-20 | 9.80 |
| 2026-04-17 | 9.79 |
| 2026-04-16 | 9.77 |
| 2026-04-15 | 9.53 |
| 2026-04-14 | 8.92 |
| 2026-04-13 | 8.92 |
| 2026-04-10 | 8.58 |
| 2026-04-09 | 8.89 |
| 2026-04-08 | 10.02 |
| 2026-04-07 | 10.33 |
| 2026-04-06 | 10.15 |
| 2026-04-02 | 10.08 |
| 2026-04-01 | 9.94 |
| 2026-03-31 | 10.20 |
| 2026-03-30 | 9.98 |
| 2026-03-27 | 9.68 |
| 2026-03-26 | 10.29 |
| 2026-03-25 | 10.14 |
| 2026-03-24 | 10.14 |
| 2026-03-23 | 11.04 |
| 2026-03-20 | 11.01 |
| 2026-03-19 | 11.30 |
| 2026-03-18 | 11.34 |
| 2026-03-17 | 11.34 |
| 2026-03-16 | 11.18 |
| 2026-03-13 | 11.18 |
| 2026-03-12 | 11.02 |
| 2026-03-11 | 11.18 |
| 2026-03-10 | 11.39 |
| 2026-03-09 | 11.83 |
| 2026-03-06 | 11.93 |
| 2026-03-05 | 11.78 |
| 2026-03-04 | 11.36 |
| 2026-03-03 | 11.25 |
| 2026-03-02 | 10.80 |
| 2026-02-27 | 10.69 |
| 2026-02-26 | 13.39 |
| 2026-02-25 | 12.46 |
| 2026-02-24 | 11.95 |
| 2026-02-23 | 11.46 |
| 2026-02-20 | 12.78 |
| 2026-02-19 | 13.52 |
| 2026-02-18 | 13.77 |
| 2026-02-17 | 13.81 |
| 2026-02-13 | 14.22 |
| 2026-02-12 | 13.67 |
| 2026-02-11 | 13.68 |
| 2026-02-10 | 13.95 |
| 2026-02-09 | 13.62 |
| 2026-02-06 | 13.39 |
| 2026-02-05 | 13.55 |
| 2026-02-04 | 14.86 |
| 2026-02-03 | 15.04 |
| 2026-02-02 | 16.05 |
| 2026-01-30 | 16.00 |
| 2026-01-29 | 16.05 |
| 2026-01-28 | 17.12 |
| 2026-01-27 | 17.57 |
| 2026-01-26 | 17.17 |
| 2026-01-23 | 16.77 |
| 2026-01-22 | 16.67 |
| 2026-01-21 | 16.69 |
| 2026-01-20 | 16.51 |
| 2026-01-16 | 17.12 |
| 2026-01-15 | 16.85 |
| 2026-01-14 | 17.14 |
| 2026-01-13 | 17.35 |
| 2026-01-12 | 17.33 |
| 2026-01-09 | 17.34 |
| 2026-01-08 | 17.63 |
| 2026-01-07 | 18.49 |
| 2026-01-06 | 17.76 |
| 2026-01-05 | 17.82 |
| 2026-01-02 | 17.65 |
| 2025-12-31 | 17.99 |
| 2025-12-30 | 18.19 |
| 2025-12-29 | 18.24 |
| 2025-12-26 | 18.44 |
| 2025-12-24 | 18.37 |
| 2025-12-23 | 18.35 |
| 2025-12-22 | 18.57 |
| 2025-12-19 | 18.61 |
| 2025-12-18 | 18.49 |
| 2025-12-17 | 18.12 |
| 2025-12-16 | 18.62 |
| 2025-12-15 | 18.43 |
| 2025-12-12 | 18.90 |
| 2025-12-11 | 19.37 |
| 2025-12-10 | 19.46 |
| 2025-12-09 | 19.44 |
| 2025-12-08 | 19.59 |
| 2025-12-05 | 19.42 |
| 2025-12-04 | 19.35 |
| 2025-12-03 | 19.49 |
| 2025-12-02 | 19.34 |
| 2025-12-01 | 19.46 |
| 2025-11-28 | 20.12 |
| 2025-11-26 | 20.16 |
| 2025-11-25 | 25.20 |
| 2025-11-24 | 24.38 |
| 2025-11-21 | 23.92 |
| 2025-11-20 | 24.33 |
| 2025-11-19 | 25.38 |
| 2025-11-18 | 25.49 |
| 2025-11-17 | 25.65 |
| 2025-11-14 | 26.05 |
| 2025-11-13 | 26.84 |
| 2025-11-12 | 27.58 |
| 2025-11-11 | 28.81 |
| 2025-11-10 | 28.61 |
| 2025-11-07 | 27.83 |
| 2025-11-06 | 27.65 |
| 2025-11-05 | 28.17 |
| 2025-11-04 | 28.55 |
| 2025-11-03 | 29.25 |
| 2025-10-31 | 28.80 |
| 2025-10-30 | 28.01 |
| 2025-10-29 | 27.92 |
| 2025-10-28 | 28.61 |
| 2025-10-27 | 28.38 |
| 2025-10-24 | 28.09 |
| 2025-10-23 | 27.73 |
| 2025-10-22 | 26.78 |
| 2025-10-21 | 27.00 |
| 2025-10-20 | 26.61 |
| 2025-10-17 | 26.11 |
| 2025-10-16 | 26.03 |
| 2025-10-15 | 26.30 |
| 2025-10-14 | 26.25 |
| 2025-10-13 | 27.23 |
| 2025-10-10 | 26.95 |
| 2025-10-09 | 27.42 |
| 2025-10-08 | 27.30 |
| 2025-10-07 | 25.46 |
| 2025-10-06 | 26.55 |
| 2025-10-03 | 26.56 |
| 2025-10-02 | 26.75 |
| 2025-10-01 | 26.49 |
| 2025-09-30 | 26.06 |
| 2025-09-29 | 25.82 |
| 2025-09-26 | 25.63 |
| 2025-09-25 | 24.93 |
| 2025-09-24 | 24.74 |
| 2025-09-23 | 25.16 |
| 2025-09-22 | 25.36 |
| 2025-09-19 | 25.59 |
| 2025-09-18 | 25.32 |
| 2025-09-17 | 24.31 |
| 2025-09-16 | 24.52 |
| 2025-09-15 | 24.85 |
| 2025-09-12 | 24.63 |
| 2025-09-11 | 24.60 |
| 2025-09-10 | 23.93 |
| 2025-09-09 | 24.23 |
| 2025-09-08 | 24.17 |
| 2025-09-05 | 23.53 |
| 2025-09-04 | 23.02 |
| 2025-09-03 | 23.22 |
| 2025-09-02 | 23.56 |
| 2025-08-29 | 23.78 |
| 2025-08-28 | 24.07 |
| 2025-08-27 | 23.44 |
Showing the most recent 260 of 2,132 data points. The chart above shows the full history.