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 9.30 is 32% below its 5-year average of 13.64, near the low end of its 5-year range (6.75–23.10).
As of Friday, September 4, 2026. 9.34% below its 12-month average of 10.26.
PB RATIO
9.30
PB RATIO AVG TTM
10.26
PB RATIO AVG 3Y
13.42
PB RATIO AVG 5Y
13.64
PB RATIO AVG 10Y
13.97
PB RATIO AVG 15Y
10.84
PB RATIO AVG 20Y
9.12
CURRENT VS TTM AVG
-9.34%
CURRENT VS 3Y AVG
-30.69%
CURRENT VS 5Y AVG
-31.79%
CURRENT VS 10Y AVG
-33.43%
CURRENT VS 15Y AVG
-14.17%
CURRENT VS 20Y AVG
+1.97%
SECTOR MEDIAN · TECHNOLOGY
6.51
median of 188 covered companies
CURRENT VS SECTOR MEDIAN
+42.86%
vs the sector median at left
Market Cap
$107.24B
PB Ratio
18.39
TTM Avg
15.81
3Y Avg
21.29
5Y Avg
23.02
Market Cap
$87.45B
PB Ratio
6.92
TTM Avg
5.08
3Y Avg
3.20
5Y Avg
2.61
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Adobe Inc. (ADBE) | $102.01B | 9.30 | 10.26 | 13.42 | 13.64 |
| Cloudflare, Inc. (NET)vs › | $101.33B | 61.01 | 54.53 | 43.94 | 41.30 |
| AppLovin Corporation (APP)vs › | $104.86B | 34.24 | 104.22 | 85.47 | 58.86 |
| Automatic Data Processing, Inc. (ADP)vs › | $107.24B | 18.39 | 15.81 | 21.29 | 23.02 |
| Accenture plc (ACN)vs › | $109.41B | 3.60 | 4.25 | 6.40 | 7.48 |
| Fortinet, Inc. (FTNT)vs › | $115.38B | 74.69 | 72.69 | 151.18 | 456.13 |
| Snowflake Inc. (SNOW)vs › | $116.52B | 54.78 | 36.35 | 22.20 | 18.13 |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.45B | 6.92 | 5.08 | 3.20 | 2.61 |
| Intuit Inc. (INTU)vs › | $86.68B | 4.76 | 6.83 | 8.84 | 9.15 |
| Cadence Design Systems, Inc. (CDNS)vs › | $78.62B | 11.73 | 15.90 | 18.63 | 18.39 |
At 9.30, P/B is near its 20-year median — higher than 57% of readings in its 20-year history.
20-year low
1.91
median
7.05
20-year high
23.79
P/B Ratio
9.30
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 |
|---|---|
| 2026-09-04 | 9.30 |
| 2026-09-03 | 9.97 |
| 2026-09-02 | 9.77 |
| 2026-09-01 | 9.98 |
| 2026-08-31 | 10.22 |
| 2026-08-28 | 10.17 |
| 2026-08-27 | 10.09 |
| 2026-08-26 | 9.54 |
| 2026-08-25 | 9.56 |
| 2026-08-24 | 9.64 |
| 2026-08-21 | 9.61 |
| 2026-08-20 | 9.50 |
| 2026-08-19 | 9.51 |
| 2026-08-18 | 9.18 |
| 2026-08-17 | 8.87 |
| 2026-08-14 | 9.21 |
| 2026-08-13 | 9.44 |
| 2026-08-12 | 9.03 |
| 2026-08-11 | 9.20 |
| 2026-08-10 | 9.53 |
| 2026-08-07 | 9.26 |
| 2026-08-06 | 9.08 |
| 2026-08-05 | 9.05 |
| 2026-08-04 | 8.99 |
| 2026-08-03 | 8.77 |
| 2026-07-31 | 8.74 |
| 2026-07-30 | 8.65 |
| 2026-07-29 | 9.19 |
| 2026-07-28 | 8.70 |
| 2026-07-27 | 8.30 |
| 2026-07-24 | 7.86 |
| 2026-07-23 | 7.41 |
| 2026-07-22 | 7.62 |
| 2026-07-21 | 7.93 |
| 2026-07-20 | 8.19 |
| 2026-07-17 | 8.28 |
| 2026-07-16 | 8.21 |
| 2026-07-15 | 7.84 |
| 2026-07-14 | 7.71 |
| 2026-07-13 | 8.05 |
| 2026-07-10 | 7.81 |
| 2026-07-09 | 7.77 |
| 2026-07-08 | 7.71 |
| 2026-07-07 | 7.73 |
| 2026-07-06 | 7.61 |
| 2026-07-02 | 7.67 |
| 2026-07-01 | 7.36 |
| 2026-06-30 | 7.16 |
| 2026-06-29 | 7.20 |
| 2026-06-26 | 7.08 |
| 2026-06-25 | 6.75 |
| 2026-06-24 | 6.86 |
| 2026-06-23 | 6.89 |
| 2026-06-22 | 6.80 |
| 2026-06-18 | 6.81 |
| 2026-06-17 | 6.85 |
| 2026-06-16 | 7.24 |
| 2026-06-15 | 7.20 |
| 2026-06-12 | 7.33 |
| 2026-06-11 | 7.87 |
| 2026-06-10 | 8.39 |
| 2026-06-09 | 8.55 |
| 2026-06-08 | 8.81 |
| 2026-06-05 | 9.04 |
| 2026-06-04 | 9.29 |
| 2026-06-03 | 9.21 |
| 2026-06-02 | 9.42 |
| 2026-06-01 | 9.85 |
| 2026-05-29 | 9.32 |
| 2026-05-28 | 8.68 |
| 2026-05-27 | 8.56 |
| 2026-05-26 | 8.65 |
| 2026-05-22 | 8.80 |
| 2026-05-21 | 8.78 |
| 2026-05-20 | 9.11 |
| 2026-05-19 | 9.17 |
| 2026-05-18 | 9.19 |
| 2026-05-15 | 8.90 |
| 2026-05-14 | 8.52 |
| 2026-05-13 | 8.49 |
| 2026-05-12 | 8.66 |
| 2026-05-11 | 8.85 |
| 2026-05-08 | 9.10 |
| 2026-05-07 | 9.22 |
| 2026-05-06 | 8.99 |
| 2026-05-05 | 9.19 |
| 2026-05-04 | 9.13 |
| 2026-05-01 | 9.01 |
| 2026-04-30 | 8.85 |
| 2026-04-29 | 8.76 |
| 2026-04-28 | 8.74 |
| 2026-04-27 | 8.60 |
| 2026-04-24 | 8.82 |
| 2026-04-23 | 8.59 |
| 2026-04-22 | 9.20 |
| 2026-04-21 | 8.89 |
| 2026-04-20 | 8.94 |
| 2026-04-17 | 8.79 |
| 2026-04-16 | 8.92 |
| 2026-04-15 | 8.80 |
| 2026-04-14 | 8.47 |
| 2026-04-13 | 8.63 |
| 2026-04-10 | 8.10 |
| 2026-04-09 | 8.27 |
| 2026-04-08 | 8.60 |
| 2026-04-07 | 8.63 |
| 2026-04-06 | 8.78 |
| 2026-04-02 | 8.73 |
| 2026-04-01 | 8.68 |
| 2026-03-31 | 8.74 |
| 2026-03-30 | 8.67 |
| 2026-03-27 | 8.44 |
| 2026-03-26 | 8.66 |
| 2026-03-25 | 8.53 |
| 2026-03-24 | 8.57 |
| 2026-03-23 | 8.88 |
| 2026-03-20 | 8.90 |
| 2026-03-19 | 8.83 |
| 2026-03-18 | 8.83 |
| 2026-03-17 | 9.12 |
| 2026-03-16 | 9.04 |
| 2026-03-13 | 8.94 |
| 2026-03-12 | 9.68 |
| 2026-03-11 | 9.82 |
| 2026-03-10 | 9.87 |
| 2026-03-09 | 10.13 |
| 2026-03-06 | 10.18 |
| 2026-03-05 | 10.11 |
| 2026-03-04 | 9.80 |
| 2026-03-03 | 9.72 |
| 2026-03-02 | 9.36 |
| 2026-02-27 | 9.41 |
| 2026-02-26 | 9.29 |
| 2026-02-25 | 9.25 |
| 2026-02-24 | 9.15 |
| 2026-02-23 | 8.85 |
| 2026-02-20 | 9.28 |
| 2026-02-19 | 9.30 |
| 2026-02-18 | 9.44 |
| 2026-02-17 | 9.34 |
| 2026-02-13 | 9.47 |
| 2026-02-12 | 9.42 |
| 2026-02-11 | 9.23 |
| 2026-02-10 | 9.50 |
| 2026-02-09 | 9.58 |
| 2026-02-06 | 9.63 |
| 2026-02-05 | 9.66 |
| 2026-02-04 | 10.04 |
| 2026-02-03 | 9.76 |
| 2026-02-02 | 10.53 |
| 2026-01-30 | 10.52 |
| 2026-01-29 | 10.46 |
| 2026-01-28 | 10.75 |
| 2026-01-27 | 10.67 |
| 2026-01-26 | 10.93 |
| 2026-01-23 | 10.80 |
| 2026-01-22 | 10.75 |
| 2026-01-21 | 10.56 |
| 2026-01-20 | 10.42 |
| 2026-01-16 | 10.62 |
| 2026-01-15 | 10.91 |
| 2026-01-14 | 11.12 |
| 2026-01-13 | 11.32 |
| 2026-01-12 | 11.97 |
| 2026-01-09 | 12.20 |
| 2026-01-08 | 12.39 |
| 2026-01-07 | 12.35 |
| 2026-01-06 | 12.27 |
| 2026-01-05 | 12.11 |
| 2026-01-02 | 12.18 |
| 2025-12-31 | 12.79 |
| 2025-12-30 | 12.88 |
| 2025-12-29 | 12.90 |
| 2025-12-26 | 12.93 |
| 2025-12-24 | 12.90 |
| 2025-12-23 | 12.88 |
| 2025-12-22 | 13.06 |
| 2025-12-19 | 13.00 |
| 2025-12-18 | 13.00 |
| 2025-12-17 | 12.96 |
| 2025-12-16 | 12.71 |
| 2025-12-15 | 12.83 |
| 2025-12-12 | 13.02 |
| 2025-12-11 | 12.80 |
| 2025-12-10 | 12.54 |
| 2025-12-09 | 12.58 |
| 2025-12-08 | 12.39 |
| 2025-12-05 | 12.65 |
| 2025-12-04 | 12.01 |
| 2025-12-03 | 11.94 |
| 2025-12-02 | 11.79 |
| 2025-12-01 | 11.79 |
| 2025-11-28 | 11.70 |
| 2025-11-26 | 11.60 |
| 2025-11-25 | 11.67 |
| 2025-11-24 | 11.64 |
| 2025-11-21 | 11.84 |
| 2025-11-20 | 11.41 |
| 2025-11-19 | 11.62 |
| 2025-11-18 | 11.85 |
| 2025-11-17 | 11.88 |
| 2025-11-14 | 12.10 |
| 2025-11-13 | 12.19 |
| 2025-11-12 | 12.31 |
| 2025-11-11 | 12.17 |
| 2025-11-10 | 12.01 |
| 2025-11-07 | 11.94 |
| 2025-11-06 | 11.96 |
| 2025-11-05 | 12.26 |
| 2025-11-04 | 12.25 |
| 2025-11-03 | 12.33 |
| 2025-10-31 | 12.43 |
| 2025-10-30 | 12.39 |
| 2025-10-29 | 12.34 |
| 2025-10-28 | 13.15 |
| 2025-10-27 | 13.07 |
| 2025-10-24 | 12.92 |
| 2025-10-23 | 12.94 |
| 2025-10-22 | 12.94 |
| 2025-10-21 | 13.06 |
| 2025-10-20 | 12.55 |
| 2025-10-17 | 12.18 |
| 2025-10-16 | 12.03 |
| 2025-10-15 | 12.08 |
| 2025-10-14 | 12.27 |
| 2025-10-13 | 12.40 |
| 2025-10-10 | 12.33 |
| 2025-10-09 | 12.69 |
| 2025-10-08 | 12.74 |
| 2025-10-07 | 12.73 |
| 2025-10-06 | 12.79 |
| 2025-10-03 | 12.67 |
| 2025-10-02 | 12.84 |
| 2025-10-01 | 12.56 |
| 2025-09-30 | 12.89 |
| 2025-09-29 | 13.13 |
| 2025-09-26 | 13.17 |
| 2025-09-25 | 12.94 |
| 2025-09-24 | 12.91 |
| 2025-09-23 | 13.68 |
| 2025-09-22 | 13.77 |
| 2025-09-19 | 13.84 |
| 2025-09-18 | 13.90 |
| 2025-09-17 | 13.69 |
| 2025-09-16 | 13.34 |
| 2025-09-15 | 13.13 |
| 2025-09-12 | 13.21 |
| 2025-09-11 | 13.26 |
| 2025-09-10 | 13.24 |
| 2025-09-09 | 13.39 |
| 2025-09-08 | 13.57 |
| 2025-09-05 | 13.20 |
| 2025-09-04 | 13.02 |
| 2025-09-03 | 13.18 |
| 2025-09-02 | 13.07 |
| 2025-08-29 | 13.49 |
| 2025-08-28 | 13.39 |
| 2025-08-27 | 13.48 |
| 2025-08-26 | 13.42 |
| 2025-08-25 | 13.74 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.