Basis: Latest stored market observation. 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 9.84 is 40% below its 5-year average of 16.44, near the low end of its 5-year range (9.39–25.15).
20.39% below its 12-month average of 12.36.
PB RATIO
9.84
PB RATIO AVG TTM
12.36
PB RATIO AVG 3Y
14.97
PB RATIO AVG 5Y
16.64
PB RATIO AVG 10Y
18.81
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-20.39%
CURRENT VS 3Y AVG
-34.26%
CURRENT VS 5Y AVG
-40.85%
CURRENT VS 10Y AVG
-47.68%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.31
median of 74 covered companies
CURRENT VS SECTOR MEDIAN
+196.83%
vs the sector median at left
Market Cap
$27.56B
PB Ratio
2.60
TTM Avg
3.33
3Y Avg
4.20
5Y Avg
4.20
Market Cap
$36.28B
PB Ratio
34.93
TTM Avg
154.24
3Y Avg
358.06
5Y Avg
228.82
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Zoetis Inc. (ZTS) | $31.59B | 9.84 | 12.36 | 14.97 | 16.64 |
| Centene Corp. (CNC)vs › | $31.31B | 1.47 | 0.96 | 1.21 | 1.41 |
| Medline Inc. (MDLN)vs › | $32.77B | 2.84 | 3.12 | 3.12 | 3.12 |
| Biogen Inc. (BIIB)vs › | $29.85B | 1.61 | 1.40 | 1.72 | 2.31 |
| IQVIA Holdings Inc. (IQV)vs › | $34.72B | 5.68 | 5.47 | 5.92 | 6.57 |
| ResMed Inc. (RMD)vs › | $28.33B | 4.42 | 5.79 | 6.20 | 7.90 |
| DexCom, Inc. (DXCM)vs › | $27.61B | 9.52 | 10.26 | 15.73 | 18.59 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $27.56B | 2.60 | 3.33 | 4.20 | 4.20 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $36.28B | 34.93 | 154.24 | 358.06 | 228.82 |
| Mettler-Toledo International Inc. (MTD)vs › | $26.82B | N/A | 1966.63 | 623.56 | 375.27 |
At 9.84, P/B is cheaper than usual, sitting higher than 3% of its 13-year history.
13-year low
3.64
median
18.44
13-year high
27.95
P/B Ratio
9.84
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 |
|---|---|
| 2026-07-24 | 9.84 |
| 2026-07-23 | 9.74 |
| 2026-07-22 | 9.69 |
| 2026-07-21 | 9.84 |
| 2026-07-20 | 9.96 |
| 2026-07-17 | 10.00 |
| 2026-07-16 | 10.05 |
| 2026-07-15 | 9.74 |
| 2026-07-14 | 9.68 |
| 2026-07-13 | 9.85 |
| 2026-07-10 | 9.87 |
| 2026-07-09 | 9.81 |
| 2026-07-08 | 9.81 |
| 2026-07-07 | 9.97 |
| 2026-07-06 | 9.85 |
| 2026-07-02 | 9.77 |
| 2026-07-01 | 9.47 |
| 2026-06-30 | 9.39 |
| 2026-06-29 | 9.57 |
| 2026-06-26 | 9.94 |
| 2026-06-25 | 10.17 |
| 2026-06-24 | 10.21 |
| 2026-06-23 | 10.04 |
| 2026-06-22 | 9.92 |
| 2026-06-18 | 10.28 |
| 2026-06-17 | 10.09 |
| 2026-06-16 | 10.36 |
| 2026-06-15 | 10.45 |
| 2026-06-12 | 10.40 |
| 2026-06-11 | 10.64 |
| 2026-06-10 | 10.62 |
| 2026-06-09 | 10.74 |
| 2026-06-08 | 10.30 |
| 2026-06-05 | 10.38 |
| 2026-06-04 | 10.39 |
| 2026-06-03 | 10.14 |
| 2026-06-02 | 9.98 |
| 2026-06-01 | 10.13 |
| 2026-05-29 | 10.15 |
| 2026-05-28 | 10.23 |
| 2026-05-27 | 10.38 |
| 2026-05-26 | 10.48 |
| 2026-05-22 | 10.62 |
| 2026-05-21 | 10.46 |
| 2026-05-20 | 10.41 |
| 2026-05-19 | 10.31 |
| 2026-05-18 | 10.15 |
| 2026-05-15 | 9.70 |
| 2026-05-14 | 9.86 |
| 2026-05-13 | 9.71 |
| 2026-05-12 | 10.05 |
| 2026-05-11 | 10.02 |
| 2026-05-08 | 10.82 |
| 2026-05-07 | 11.41 |
| 2026-05-06 | 14.64 |
| 2026-05-05 | 14.82 |
| 2026-05-04 | 14.84 |
| 2026-05-01 | 15.03 |
| 2026-04-30 | 15.14 |
| 2026-04-29 | 14.99 |
| 2026-04-28 | 15.36 |
| 2026-04-27 | 15.52 |
| 2026-04-24 | 15.39 |
| 2026-04-23 | 15.28 |
| 2026-04-22 | 15.47 |
| 2026-04-21 | 15.56 |
| 2026-04-20 | 16.16 |
| 2026-04-17 | 16.11 |
| 2026-04-16 | 15.67 |
| 2026-04-15 | 15.90 |
| 2026-04-14 | 15.95 |
| 2026-04-13 | 15.81 |
| 2026-04-10 | 15.52 |
| 2026-04-09 | 15.80 |
| 2026-04-08 | 15.77 |
| 2026-04-07 | 15.38 |
| 2026-04-06 | 15.57 |
| 2026-04-02 | 15.53 |
| 2026-04-01 | 15.44 |
| 2026-03-31 | 15.56 |
| 2026-03-30 | 15.32 |
| 2026-03-27 | 14.93 |
| 2026-03-26 | 15.36 |
| 2026-03-25 | 15.37 |
| 2026-03-24 | 15.26 |
| 2026-03-23 | 15.17 |
| 2026-03-20 | 15.23 |
| 2026-03-19 | 15.27 |
| 2026-03-18 | 15.45 |
| 2026-03-17 | 16.02 |
| 2026-03-16 | 15.56 |
| 2026-03-13 | 15.22 |
| 2026-03-12 | 15.21 |
| 2026-03-11 | 15.77 |
| 2026-03-10 | 15.87 |
| 2026-03-09 | 16.11 |
| 2026-03-06 | 15.99 |
| 2026-03-05 | 16.09 |
| 2026-03-04 | 16.59 |
| 2026-03-03 | 16.58 |
| 2026-03-02 | 16.98 |
| 2026-02-27 | 17.26 |
| 2026-02-26 | 17.09 |
| 2026-02-25 | 16.98 |
| 2026-02-24 | 16.94 |
| 2026-02-23 | 16.56 |
| 2026-02-20 | 16.96 |
| 2026-02-19 | 16.76 |
| 2026-02-18 | 17.00 |
| 2026-02-17 | 16.53 |
| 2026-02-13 | 16.68 |
| 2026-02-12 | 16.54 |
| 2026-02-11 | 10.56 |
| 2026-02-10 | 10.52 |
| 2026-02-09 | 10.45 |
| 2026-02-06 | 10.46 |
| 2026-02-05 | 10.41 |
| 2026-02-04 | 10.40 |
| 2026-02-03 | 10.05 |
| 2026-02-02 | 10.26 |
| 2026-01-30 | 10.25 |
| 2026-01-29 | 9.99 |
| 2026-01-28 | 10.01 |
| 2026-01-27 | 10.26 |
| 2026-01-26 | 10.17 |
| 2026-01-23 | 10.19 |
| 2026-01-22 | 10.21 |
| 2026-01-21 | 10.27 |
| 2026-01-20 | 10.12 |
| 2026-01-16 | 10.23 |
| 2026-01-15 | 10.29 |
| 2026-01-14 | 10.33 |
| 2026-01-13 | 10.23 |
| 2026-01-12 | 10.29 |
| 2026-01-09 | 10.44 |
| 2026-01-08 | 10.41 |
| 2026-01-07 | 10.32 |
| 2026-01-06 | 10.62 |
| 2026-01-05 | 10.62 |
| 2026-01-02 | 10.34 |
| 2025-12-31 | 10.33 |
| 2025-12-30 | 10.38 |
| 2025-12-29 | 10.34 |
| 2025-12-26 | 10.36 |
| 2025-12-24 | 10.30 |
| 2025-12-23 | 10.14 |
| 2025-12-22 | 10.16 |
| 2025-12-19 | 10.04 |
| 2025-12-18 | 10.08 |
| 2025-12-17 | 10.04 |
| 2025-12-16 | 10.12 |
| 2025-12-15 | 9.93 |
| 2025-12-12 | 9.74 |
| 2025-12-11 | 9.66 |
| 2025-12-10 | 9.69 |
| 2025-12-09 | 9.50 |
| 2025-12-08 | 9.70 |
| 2025-12-05 | 9.74 |
| 2025-12-04 | 9.89 |
| 2025-12-03 | 10.06 |
| 2025-12-02 | 10.22 |
| 2025-12-01 | 10.45 |
| 2025-11-28 | 10.52 |
| 2025-11-26 | 10.48 |
| 2025-11-25 | 10.50 |
| 2025-11-24 | 10.09 |
| 2025-11-21 | 10.02 |
| 2025-11-20 | 9.52 |
| 2025-11-19 | 9.61 |
| 2025-11-18 | 9.70 |
| 2025-11-17 | 9.75 |
| 2025-11-14 | 9.92 |
| 2025-11-13 | 9.95 |
| 2025-11-12 | 9.96 |
| 2025-11-11 | 9.86 |
| 2025-11-10 | 9.84 |
| 2025-11-07 | 9.87 |
| 2025-11-06 | 9.82 |
| 2025-11-05 | 9.89 |
| 2025-11-04 | 10.22 |
| 2025-11-03 | 12.92 |
| 2025-10-31 | 12.90 |
| 2025-10-30 | 12.90 |
| 2025-10-29 | 12.88 |
| 2025-10-28 | 13.02 |
| 2025-10-27 | 13.21 |
| 2025-10-24 | 13.06 |
| 2025-10-23 | 13.10 |
| 2025-10-22 | 13.17 |
| 2025-10-21 | 13.08 |
| 2025-10-20 | 12.98 |
| 2025-10-17 | 12.90 |
| 2025-10-16 | 12.82 |
| 2025-10-15 | 12.72 |
| 2025-10-14 | 12.84 |
| 2025-10-13 | 12.73 |
| 2025-10-10 | 12.63 |
| 2025-10-09 | 12.84 |
| 2025-10-08 | 12.84 |
| 2025-10-07 | 12.78 |
| 2025-10-06 | 13.01 |
| 2025-10-03 | 13.11 |
| 2025-10-02 | 13.11 |
| 2025-10-01 | 13.15 |
| 2025-09-30 | 13.10 |
| 2025-09-29 | 12.81 |
| 2025-09-26 | 12.84 |
| 2025-09-25 | 12.63 |
| 2025-09-24 | 12.68 |
| 2025-09-23 | 12.77 |
| 2025-09-22 | 12.95 |
| 2025-09-19 | 13.06 |
| 2025-09-18 | 13.17 |
| 2025-09-17 | 13.15 |
| 2025-09-16 | 13.20 |
| 2025-09-15 | 13.09 |
| 2025-09-12 | 13.27 |
| 2025-09-11 | 13.48 |
| 2025-09-10 | 13.37 |
| 2025-09-09 | 13.41 |
| 2025-09-08 | 13.58 |
| 2025-09-05 | 13.72 |
| 2025-09-04 | 13.71 |
| 2025-09-03 | 13.64 |
| 2025-09-02 | 13.68 |
| 2025-08-29 | 14.00 |
| 2025-08-28 | 13.86 |
| 2025-08-27 | 13.91 |
| 2025-08-26 | 13.86 |
| 2025-08-25 | 13.89 |
| 2025-08-22 | 14.02 |
| 2025-08-21 | 13.93 |
| 2025-08-20 | 14.03 |
| 2025-08-19 | 13.93 |
| 2025-08-18 | 13.63 |
| 2025-08-15 | 13.79 |
| 2025-08-14 | 13.70 |
| 2025-08-13 | 13.65 |
| 2025-08-12 | 13.41 |
| 2025-08-11 | 13.34 |
| 2025-08-08 | 13.19 |
| 2025-08-07 | 13.27 |
| 2025-08-06 | 13.11 |
| 2025-08-05 | 13.08 |
| 2025-08-04 | 14.61 |
| 2025-08-01 | 14.18 |
| 2025-07-31 | 14.03 |
| 2025-07-30 | 14.32 |
| 2025-07-29 | 14.53 |
| 2025-07-28 | 14.51 |
| 2025-07-25 | 14.64 |
| 2025-07-24 | 14.71 |
| 2025-07-23 | 14.77 |
| 2025-07-22 | 14.55 |
| 2025-07-21 | 14.18 |
| 2025-07-18 | 14.30 |
| 2025-07-17 | 14.44 |
| 2025-07-16 | 14.58 |
| 2025-07-15 | 14.71 |
| 2025-07-14 | 14.98 |
Showing the most recent 260 of 3,389 data points. The chart above shows the full history.