Basis: FMP quote market capitalization / book value attributable to common shareholders (matching reported total stockholders equity minus preferred stock). 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 3.97 is in line with its estimated 5-year average of 3.70, around the middle of its estimated 5-year range (2.52–5.52).
As of 2026-10-06T12:00:56.651Z. 11.90% above its estimated 12-month average of 3.55.
Calculation as of: 2026-10-06T12:00:56.651Z.
Quote observation: 2026-10-05T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 99964f13ae30c95c0b3a7ffda2d7021ed4a1e29c98fea0dced007a9b6e24aa9f
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 2026-10-05.
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
3.97
PB RATIO AVG TTM
3.55
PB RATIO AVG 3Y
3.47
PB RATIO AVG 5Y
3.70
PB RATIO AVG 10Y
4.03
PB RATIO AVG 15Y
4.45
PB RATIO AVG 20Y
4.35
CURRENT VS TTM AVG
+11.90%
CURRENT VS 3Y AVG
+14.28%
CURRENT VS 5Y AVG
+7.23%
CURRENT VS 10Y AVG
-1.55%
CURRENT VS 15Y AVG
-10.85%
CURRENT VS 20Y AVG
-8.74%
SECTOR MEDIAN · HEALTHCARE
2.66
median of 345 covered companies
CURRENT VS SECTOR MEDIAN
+49.25%
vs the sector median at left
Market Cap
$6.50B
PB Ratio
196.78
TTM Avg
182.16
3Y Avg
55.33
5Y Avg
16.25
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alkermes plc (ALKS) | $7.17B | 3.97 | 3.55 | 3.47 | 3.70 |
| Hinge Health, Inc. (HNGE)vs › | $7.61B | 22.10 | 28.12 | 28.12 | 28.12 |
| Chemed Corporation (CHE)vs › | $6.68B | 8.05 | 6.66 | 7.10 | 8.33 |
| Hims & Hers Health, Inc. (HIMS)vs › | $6.62B | 20.42 | 15.38 | 14.55 | 10.45 |
| Cytokinetics, Incorporated (CYTK)vs › | $7.80B | N/A | 54.92 | 29.75 | 38.58 |
| Amneal Pharmaceuticals, Inc. (AMRX)vs › | $6.50B | 196.78 | 182.16 | 55.33 | 16.25 |
| CG Oncology Inc. (CGON)vs › | $6.06B | 5.89 | 5.67 | 4.44 | 4.44 |
| Oscar Health, Inc. (OSCR)vs › | $8.41B | 4.10 | 4.60 | 4.06 | 2.91 |
| Caris Life Sciences, Inc. (CAI)vs › | $8.59B | 14.52 | 12.38 | 13.49 | 13.49 |
| Arrowhead Pharmaceuticals, Inc. (ARWR)vs › | $8.78B | 18.87 | 17.80 | 14.54 | 12.88 |
At 3.97, P/B is near its estimated 20-year median — higher than 53% of readings in its estimated 20-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 20-year low
1.56
median
3.83
estimated 20-year high
11.08
P/B Ratio
3.97
Market Price / Book Value per Share
PB Ratio = Market Cap / (Total Shareholders' Equity − Preferred Stock)
The price-to-book ratio compares market capitalization to book value attributable to common shareholders (total equity minus preferred stock). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PB RATIO |
|---|---|
| 2026-10-05 | 3.94 |
| 2026-10-02 | 3.85 |
| 2026-10-01 | 3.73 |
| 2026-09-30 | 3.73 |
| 2026-09-29 | 3.76 |
| 2026-09-28 | 3.70 |
| 2026-09-25 | 3.76 |
| 2026-09-24 | 3.76 |
| 2026-09-23 | 3.88 |
| 2026-09-22 | 3.99 |
| 2026-09-21 | 4.07 |
| 2026-09-18 | 4.00 |
| 2026-09-17 | 4.30 |
| 2026-09-16 | 4.24 |
| 2026-09-15 | 4.24 |
| 2026-09-14 | 4.22 |
| 2026-09-11 | 4.23 |
| 2026-09-10 | 4.25 |
| 2026-09-09 | 4.18 |
| 2026-09-08 | 4.19 |
| 2026-09-04 | 4.25 |
| 2026-09-03 | 4.32 |
| 2026-09-02 | 4.40 |
| 2026-09-01 | 4.35 |
| 2026-08-31 | 4.33 |
| 2026-08-28 | 4.37 |
| 2026-08-27 | 4.50 |
| 2026-08-26 | 4.53 |
| 2026-08-25 | 4.53 |
| 2026-08-24 | 4.50 |
| 2026-08-21 | 4.45 |
| 2026-08-20 | 4.42 |
| 2026-08-19 | 4.62 |
| 2026-08-18 | 4.56 |
| 2026-08-17 | 4.59 |
| 2026-08-14 | 4.52 |
| 2026-08-13 | 4.56 |
| 2026-08-12 | 4.63 |
| 2026-08-11 | 4.53 |
| 2026-08-10 | 4.55 |
| 2026-08-07 | 4.53 |
| 2026-08-06 | 4.46 |
| 2026-08-05 | 4.57 |
| 2026-08-04 | 4.58 |
| 2026-08-03 | 4.56 |
| 2026-07-31 | 4.51 |
| 2026-07-30 | 4.61 |
| 2026-07-29 | 4.45 |
| 2026-07-28 | 4.79 |
| 2026-07-27 | 5.00 |
| 2026-07-24 | 5.02 |
| 2026-07-23 | 5.03 |
| 2026-07-22 | 4.99 |
| 2026-07-21 | 5.01 |
| 2026-07-20 | 4.91 |
| 2026-07-17 | 5.00 |
| 2026-07-16 | 4.93 |
| 2026-07-15 | 4.93 |
| 2026-07-14 | 4.90 |
| 2026-07-13 | 4.92 |
| 2026-07-10 | 4.93 |
| 2026-07-09 | 5.10 |
| 2026-07-08 | 5.15 |
| 2026-07-07 | 5.24 |
| 2026-07-06 | 5.23 |
| 2026-07-02 | 5.18 |
| 2026-07-01 | 4.91 |
| 2026-06-30 | 4.97 |
| 2026-06-29 | 4.98 |
| 2026-06-26 | 5.23 |
| 2026-06-25 | 5.01 |
| 2026-06-24 | 4.79 |
| 2026-06-23 | 4.56 |
| 2026-06-22 | 4.37 |
| 2026-06-18 | 4.27 |
| 2026-06-17 | 4.22 |
| 2026-06-16 | 4.18 |
| 2026-06-15 | 4.21 |
| 2026-06-12 | 4.20 |
| 2026-06-11 | 4.26 |
| 2026-06-10 | 4.16 |
| 2026-06-09 | 4.20 |
| 2026-06-08 | 4.03 |
| 2026-06-05 | 4.06 |
| 2026-06-04 | 4.12 |
| 2026-06-03 | 4.06 |
| 2026-06-02 | 3.92 |
| 2026-06-01 | 4.01 |
| 2026-05-29 | 4.00 |
| 2026-05-28 | 3.79 |
| 2026-05-27 | 3.61 |
| 2026-05-26 | 3.54 |
| 2026-05-22 | 3.49 |
| 2026-05-21 | 3.51 |
| 2026-05-20 | 3.51 |
| 2026-05-19 | 3.51 |
| 2026-05-18 | 3.53 |
| 2026-05-15 | 3.56 |
| 2026-05-14 | 3.64 |
| 2026-05-13 | 3.69 |
| 2026-05-12 | 3.63 |
| 2026-05-11 | 3.37 |
| 2026-05-08 | 3.32 |
| 2026-05-07 | 3.36 |
| 2026-05-06 | 3.35 |
| 2026-05-05 | 3.36 |
| 2026-05-04 | 3.17 |
| 2026-05-01 | 3.10 |
| 2026-04-30 | 3.13 |
| 2026-04-29 | 3.13 |
| 2026-04-28 | 3.17 |
| 2026-04-27 | 3.13 |
| 2026-04-24 | 3.09 |
| 2026-04-23 | 3.15 |
| 2026-04-22 | 3.13 |
| 2026-04-21 | 3.11 |
| 2026-04-20 | 3.17 |
| 2026-04-17 | 3.20 |
| 2026-04-16 | 3.13 |
| 2026-04-15 | 3.08 |
| 2026-04-14 | 3.14 |
| 2026-04-13 | 3.13 |
| 2026-04-10 | 3.09 |
| 2026-04-09 | 3.24 |
| 2026-04-08 | 3.22 |
| 2026-04-07 | 3.06 |
| 2026-04-06 | 3.16 |
| 2026-04-02 | 3.23 |
| 2026-04-01 | 3.25 |
| 2026-03-31 | 3.28 |
| 2026-03-30 | 2.80 |
| 2026-03-27 | 2.73 |
| 2026-03-26 | 2.78 |
| 2026-03-25 | 2.72 |
| 2026-03-24 | 2.63 |
| 2026-03-23 | 2.57 |
| 2026-03-20 | 2.61 |
| 2026-03-19 | 2.63 |
| 2026-03-18 | 2.52 |
| 2026-03-17 | 2.56 |
| 2026-03-16 | 2.60 |
| 2026-03-13 | 2.57 |
| 2026-03-12 | 2.56 |
| 2026-03-11 | 2.58 |
| 2026-03-10 | 2.57 |
| 2026-03-09 | 2.64 |
| 2026-03-06 | 2.66 |
| 2026-03-05 | 2.63 |
| 2026-03-04 | 2.72 |
| 2026-03-03 | 2.71 |
| 2026-03-02 | 2.81 |
| 2026-02-27 | 2.79 |
| 2026-02-26 | 2.85 |
| 2026-02-25 | 3.02 |
| 2026-02-24 | 3.25 |
| 2026-02-23 | 3.13 |
| 2026-02-20 | 3.10 |
| 2026-02-19 | 3.11 |
| 2026-02-18 | 3.11 |
| 2026-02-17 | 3.20 |
| 2026-02-13 | 3.22 |
| 2026-02-12 | 3.24 |
| 2026-02-11 | 3.39 |
| 2026-02-10 | 3.38 |
| 2026-02-09 | 3.39 |
| 2026-02-06 | 3.39 |
| 2026-02-05 | 3.26 |
| 2026-02-04 | 3.32 |
| 2026-02-03 | 3.35 |
| 2026-02-02 | 3.40 |
| 2026-01-30 | 3.29 |
| 2026-01-29 | 3.39 |
| 2026-01-28 | 3.30 |
| 2026-01-27 | 3.26 |
| 2026-01-26 | 3.22 |
| 2026-01-23 | 3.27 |
| 2026-01-22 | 3.30 |
| 2026-01-21 | 3.29 |
| 2026-01-20 | 3.09 |
| 2026-01-16 | 3.07 |
| 2026-01-15 | 3.03 |
| 2026-01-14 | 2.98 |
| 2026-01-13 | 2.83 |
| 2026-01-12 | 2.88 |
| 2026-01-09 | 2.88 |
| 2026-01-08 | 2.88 |
| 2026-01-07 | 2.85 |
| 2026-01-06 | 2.80 |
| 2026-01-05 | 2.72 |
| 2026-01-02 | 2.75 |
| 2025-12-31 | 2.72 |
| 2025-12-30 | 2.70 |
| 2025-12-29 | 2.72 |
| 2025-12-26 | 2.77 |
| 2025-12-24 | 2.77 |
| 2025-12-23 | 2.77 |
| 2025-12-22 | 2.78 |
| 2025-12-19 | 2.77 |
| 2025-12-18 | 2.70 |
| 2025-12-17 | 2.73 |
| 2025-12-16 | 2.73 |
| 2025-12-15 | 2.74 |
| 2025-12-12 | 2.77 |
| 2025-12-11 | 2.84 |
| 2025-12-10 | 2.78 |
| 2025-12-09 | 2.76 |
| 2025-12-08 | 2.86 |
| 2025-12-05 | 2.87 |
| 2025-12-04 | 2.85 |
| 2025-12-03 | 2.87 |
| 2025-12-02 | 2.82 |
| 2025-12-01 | 2.81 |
| 2025-11-28 | 2.88 |
| 2025-11-26 | 2.89 |
| 2025-11-25 | 2.82 |
| 2025-11-24 | 2.74 |
| 2025-11-21 | 2.78 |
| 2025-11-20 | 2.74 |
| 2025-11-19 | 2.79 |
| 2025-11-18 | 2.84 |
| 2025-11-17 | 2.85 |
| 2025-11-14 | 2.82 |
| 2025-11-13 | 3.01 |
| 2025-11-12 | 3.05 |
| 2025-11-11 | 3.29 |
| 2025-11-10 | 3.17 |
| 2025-11-07 | 3.20 |
| 2025-11-06 | 3.08 |
| 2025-11-05 | 3.02 |
| 2025-11-04 | 2.95 |
| 2025-11-03 | 2.93 |
| 2025-10-31 | 2.98 |
| 2025-10-30 | 3.00 |
| 2025-10-29 | 3.06 |
| 2025-10-28 | 3.21 |
| 2025-10-27 | 3.08 |
| 2025-10-24 | 3.09 |
| 2025-10-23 | 3.11 |
| 2025-10-22 | 3.22 |
| 2025-10-21 | 3.26 |
| 2025-10-20 | 3.21 |
| 2025-10-17 | 3.14 |
| 2025-10-16 | 3.19 |
| 2025-10-15 | 3.34 |
| 2025-10-14 | 3.31 |
| 2025-10-13 | 3.33 |
| 2025-10-10 | 3.23 |
| 2025-10-09 | 3.25 |
| 2025-10-08 | 3.27 |
| 2025-10-07 | 3.21 |
| 2025-10-06 | 3.21 |
| 2025-10-03 | 3.22 |
| 2025-10-02 | 3.24 |
| 2025-10-01 | 3.18 |
| 2025-09-30 | 3.11 |
| 2025-09-29 | 3.01 |
| 2025-09-26 | 2.89 |
| 2025-09-25 | 2.81 |
| 2025-09-24 | 2.88 |
| 2025-09-23 | 2.88 |
Showing the most recent 260 of 4,983 data points. The chart above shows the full history.
