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 3.46 is 53% below its 5-year average of 7.37, near the low end of its 5-year range (2.40–13.16).
As of Tuesday, September 8, 2026. 18.35% below its 12-month average of 4.24.
PB RATIO
3.46
PB RATIO AVG TTM
4.24
PB RATIO AVG 3Y
6.39
PB RATIO AVG 5Y
7.37
PB RATIO AVG 10Y
8.79
PB RATIO AVG 15Y
9.58
PB RATIO AVG 20Y
10.06
CURRENT VS TTM AVG
-18.35%
CURRENT VS 3Y AVG
-45.86%
CURRENT VS 5Y AVG
-53.05%
CURRENT VS 10Y AVG
-60.63%
CURRENT VS 15Y AVG
-63.89%
CURRENT VS 20Y AVG
-65.61%
SECTOR MEDIAN · TECHNOLOGY
6.56
median of 188 covered companies
CURRENT VS SECTOR MEDIAN
-47.26%
vs the sector median at left
Market Cap
$106.63B
PB Ratio
17.75
TTM Avg
15.79
3Y Avg
21.25
5Y Avg
23.03
Market Cap
$88.87B
PB Ratio
7.35
TTM Avg
5.11
3Y Avg
3.21
5Y Avg
2.61
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Accenture plc (ACN) | $108.47B | 3.46 | 4.24 | 6.39 | 7.37 |
| Cloudflare, Inc. (NET)vs › | $109.53B | 62.18 | 54.52 | 44.01 | 41.31 |
| Automatic Data Processing, Inc. (ADP)vs › | $106.63B | 17.75 | 15.79 | 21.25 | 23.03 |
| AppLovin Corporation (APP)vs › | $103.56B | 33.33 | 103.61 | 85.70 | 58.84 |
| Adobe Inc. (ADBE)vs › | $101.71B | 8.98 | 10.23 | 13.40 | 13.86 |
| Fortinet, Inc. (FTNT)vs › | $115.57B | 75.26 | 73.05 | 151.05 | 456.15 |
| Snowflake Inc. (SNOW)vs › | $115.40B | 54.51 | 36.46 | 22.29 | 18.15 |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $88.87B | 7.35 | 5.11 | 3.21 | 2.61 |
| Intuit Inc. (INTU)vs › | $86.61B | 4.57 | 6.80 | 8.83 | 9.15 |
| ServiceNow, Inc. (NOW)vs › | $136.91B | 11.12 | 11.73 | 17.25 | 20.14 |
At 3.46, P/B is below its 20-year median — higher than 1% of readings in its 20-year history.
20-year low
2.40
median
10.33
20-year high
20.04
P/B Ratio
3.46
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 |
|---|---|
| 2026-09-08 | 3.46 |
| 2026-09-04 | 3.60 |
| 2026-09-03 | 3.73 |
| 2026-09-02 | 3.62 |
| 2026-09-01 | 3.63 |
| 2026-08-31 | 3.66 |
| 2026-08-28 | 3.66 |
| 2026-08-27 | 3.62 |
| 2026-08-26 | 3.50 |
| 2026-08-25 | 3.61 |
| 2026-08-24 | 3.60 |
| 2026-08-21 | 3.58 |
| 2026-08-20 | 3.50 |
| 2026-08-19 | 3.54 |
| 2026-08-18 | 3.34 |
| 2026-08-17 | 3.28 |
| 2026-08-14 | 3.41 |
| 2026-08-13 | 3.45 |
| 2026-08-12 | 3.48 |
| 2026-08-11 | 3.47 |
| 2026-08-10 | 3.44 |
| 2026-08-07 | 3.39 |
| 2026-08-06 | 3.30 |
| 2026-08-05 | 3.30 |
| 2026-08-04 | 3.29 |
| 2026-08-03 | 3.20 |
| 2026-07-31 | 3.20 |
| 2026-07-30 | 3.15 |
| 2026-07-29 | 3.34 |
| 2026-07-28 | 3.18 |
| 2026-07-27 | 2.97 |
| 2026-07-24 | 2.84 |
| 2026-07-23 | 2.68 |
| 2026-07-22 | 2.70 |
| 2026-07-21 | 2.72 |
| 2026-07-20 | 2.79 |
| 2026-07-17 | 2.77 |
| 2026-07-16 | 2.79 |
| 2026-07-15 | 2.64 |
| 2026-07-14 | 2.60 |
| 2026-07-13 | 2.67 |
| 2026-07-10 | 2.61 |
| 2026-07-09 | 2.68 |
| 2026-07-08 | 2.65 |
| 2026-07-07 | 2.74 |
| 2026-07-06 | 2.64 |
| 2026-07-02 | 2.65 |
| 2026-07-01 | 2.53 |
| 2026-06-30 | 2.40 |
| 2026-06-29 | 2.41 |
| 2026-06-26 | 2.49 |
| 2026-06-25 | 2.43 |
| 2026-06-24 | 2.49 |
| 2026-06-23 | 2.45 |
| 2026-06-22 | 2.41 |
| 2026-06-18 | 2.47 |
| 2026-06-17 | 3.11 |
| 2026-06-16 | 3.30 |
| 2026-06-15 | 3.30 |
| 2026-06-12 | 3.40 |
| 2026-06-11 | 3.34 |
| 2026-06-10 | 3.40 |
| 2026-06-09 | 3.46 |
| 2026-06-08 | 3.48 |
| 2026-06-05 | 3.56 |
| 2026-06-04 | 3.57 |
| 2026-06-03 | 3.54 |
| 2026-06-02 | 3.72 |
| 2026-06-01 | 3.92 |
| 2026-05-29 | 3.73 |
| 2026-05-28 | 3.56 |
| 2026-05-27 | 3.52 |
| 2026-05-26 | 3.53 |
| 2026-05-22 | 3.58 |
| 2026-05-21 | 3.55 |
| 2026-05-20 | 3.58 |
| 2026-05-19 | 3.53 |
| 2026-05-18 | 3.54 |
| 2026-05-15 | 3.37 |
| 2026-05-14 | 3.27 |
| 2026-05-13 | 3.18 |
| 2026-05-12 | 3.39 |
| 2026-05-11 | 3.44 |
| 2026-05-08 | 3.60 |
| 2026-05-07 | 3.59 |
| 2026-05-06 | 3.48 |
| 2026-05-05 | 3.57 |
| 2026-05-04 | 3.59 |
| 2026-05-01 | 3.59 |
| 2026-04-30 | 3.57 |
| 2026-04-29 | 3.60 |
| 2026-04-28 | 3.55 |
| 2026-04-27 | 3.53 |
| 2026-04-24 | 3.56 |
| 2026-04-23 | 3.56 |
| 2026-04-22 | 3.79 |
| 2026-04-21 | 3.88 |
| 2026-04-20 | 3.89 |
| 2026-04-17 | 3.94 |
| 2026-04-16 | 3.87 |
| 2026-04-15 | 3.87 |
| 2026-04-14 | 3.80 |
| 2026-04-13 | 3.83 |
| 2026-04-10 | 3.58 |
| 2026-04-09 | 3.71 |
| 2026-04-08 | 3.87 |
| 2026-04-07 | 3.94 |
| 2026-04-06 | 3.97 |
| 2026-04-02 | 4.02 |
| 2026-04-01 | 3.93 |
| 2026-03-31 | 3.96 |
| 2026-03-30 | 3.94 |
| 2026-03-27 | 3.84 |
| 2026-03-26 | 3.92 |
| 2026-03-25 | 3.84 |
| 2026-03-24 | 3.86 |
| 2026-03-23 | 3.99 |
| 2026-03-20 | 3.99 |
| 2026-03-19 | 4.06 |
| 2026-03-18 | 3.96 |
| 2026-03-17 | 4.03 |
| 2026-03-16 | 4.04 |
| 2026-03-13 | 3.99 |
| 2026-03-12 | 3.98 |
| 2026-03-11 | 4.09 |
| 2026-03-10 | 4.09 |
| 2026-03-09 | 4.25 |
| 2026-03-06 | 4.36 |
| 2026-03-05 | 4.34 |
| 2026-03-04 | 4.26 |
| 2026-03-03 | 4.26 |
| 2026-03-02 | 4.18 |
| 2026-02-27 | 4.23 |
| 2026-02-26 | 4.21 |
| 2026-02-25 | 3.88 |
| 2026-02-24 | 3.99 |
| 2026-02-23 | 4.08 |
| 2026-02-20 | 4.37 |
| 2026-02-19 | 4.36 |
| 2026-02-18 | 4.54 |
| 2026-02-17 | 4.46 |
| 2026-02-13 | 4.55 |
| 2026-02-12 | 4.50 |
| 2026-02-11 | 4.67 |
| 2026-02-10 | 4.89 |
| 2026-02-09 | 4.80 |
| 2026-02-06 | 4.88 |
| 2026-02-05 | 4.74 |
| 2026-02-04 | 4.90 |
| 2026-02-03 | 4.89 |
| 2026-02-02 | 5.41 |
| 2026-01-30 | 5.35 |
| 2026-01-29 | 5.30 |
| 2026-01-28 | 5.48 |
| 2026-01-27 | 5.59 |
| 2026-01-26 | 5.69 |
| 2026-01-23 | 5.70 |
| 2026-01-22 | 5.78 |
| 2026-01-21 | 5.69 |
| 2026-01-20 | 5.53 |
| 2026-01-16 | 5.80 |
| 2026-01-15 | 5.84 |
| 2026-01-14 | 5.85 |
| 2026-01-13 | 5.61 |
| 2026-01-12 | 5.70 |
| 2026-01-09 | 5.69 |
| 2026-01-08 | 5.72 |
| 2026-01-07 | 5.56 |
| 2026-01-06 | 5.60 |
| 2026-01-05 | 5.35 |
| 2026-01-02 | 5.27 |
| 2025-12-31 | 5.44 |
| 2025-12-30 | 5.48 |
| 2025-12-29 | 5.50 |
| 2025-12-26 | 5.50 |
| 2025-12-24 | 5.48 |
| 2025-12-23 | 5.49 |
| 2025-12-22 | 5.49 |
| 2025-12-19 | 5.52 |
| 2025-12-18 | 5.48 |
| 2025-12-17 | 5.52 |
| 2025-12-16 | 5.49 |
| 2025-12-15 | 5.54 |
| 2025-12-12 | 5.48 |
| 2025-12-11 | 5.46 |
| 2025-12-10 | 5.49 |
| 2025-12-09 | 5.44 |
| 2025-12-08 | 5.38 |
| 2025-12-05 | 5.38 |
| 2025-12-04 | 5.43 |
| 2025-12-03 | 5.51 |
| 2025-12-02 | 5.27 |
| 2025-12-01 | 5.19 |
| 2025-11-28 | 5.04 |
| 2025-11-26 | 5.00 |
| 2025-11-25 | 5.03 |
| 2025-11-24 | 4.92 |
| 2025-11-21 | 5.08 |
| 2025-11-20 | 4.86 |
| 2025-11-19 | 4.86 |
| 2025-11-18 | 4.84 |
| 2025-11-17 | 4.87 |
| 2025-11-14 | 4.95 |
| 2025-11-13 | 5.00 |
| 2025-11-12 | 4.97 |
| 2025-11-11 | 4.89 |
| 2025-11-10 | 4.93 |
| 2025-11-07 | 4.96 |
| 2025-11-06 | 4.87 |
| 2025-11-05 | 5.00 |
| 2025-11-04 | 4.90 |
| 2025-11-03 | 5.01 |
| 2025-10-31 | 5.05 |
| 2025-10-30 | 5.03 |
| 2025-10-29 | 5.00 |
| 2025-10-28 | 5.11 |
| 2025-10-27 | 5.06 |
| 2025-10-24 | 5.00 |
| 2025-10-23 | 5.04 |
| 2025-10-22 | 5.03 |
| 2025-10-21 | 5.05 |
| 2025-10-20 | 4.89 |
| 2025-10-17 | 4.81 |
| 2025-10-16 | 4.72 |
| 2025-10-15 | 4.84 |
| 2025-10-14 | 4.93 |
| 2025-10-13 | 4.91 |
| 2025-10-10 | 4.86 |
| 2025-10-09 | 5.20 |
| 2025-10-08 | 5.22 |
| 2025-10-07 | 5.18 |
| 2025-10-06 | 5.12 |
| 2025-10-03 | 5.06 |
| 2025-10-02 | 5.04 |
| 2025-10-01 | 5.03 |
| 2025-09-30 | 5.09 |
| 2025-09-29 | 5.10 |
| 2025-09-26 | 4.93 |
| 2025-09-25 | 4.80 |
| 2025-09-24 | 4.93 |
| 2025-09-23 | 4.86 |
| 2025-09-22 | 4.95 |
| 2025-09-19 | 4.95 |
| 2025-09-18 | 4.94 |
| 2025-09-17 | 4.98 |
| 2025-09-16 | 4.89 |
| 2025-09-15 | 4.91 |
| 2025-09-12 | 4.92 |
| 2025-09-11 | 5.04 |
| 2025-09-10 | 5.02 |
| 2025-09-09 | 5.20 |
| 2025-09-08 | 5.27 |
| 2025-09-05 | 5.26 |
| 2025-09-04 | 5.22 |
| 2025-09-03 | 5.24 |
| 2025-09-02 | 5.29 |
| 2025-08-29 | 5.36 |
| 2025-08-28 | 5.29 |
| 2025-08-27 | 5.31 |
| 2025-08-26 | 5.27 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.
