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 16.42 is 37% above its estimated 5-year average of 11.95, near the high end of its estimated 5-year range (6.96–18.89).
As of 2026-09-09T20:00:03.000Z. 6.78% above its estimated 12-month average of 15.38.
Quote observation: 2026-09-09T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 8823469332c0e9d03c310753c23fa542f6a8f83f80d70a1011fafc3fa5ab8ce9
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
16.42
PB RATIO AVG TTM
15.38
PB RATIO AVG 3Y
13.66
PB RATIO AVG 5Y
11.95
PB RATIO AVG 10Y
10.36
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+6.78%
CURRENT VS 3Y AVG
+20.19%
CURRENT VS 5Y AVG
+37.44%
CURRENT VS 10Y AVG
+58.56%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.69
median of 184 covered companies
CURRENT VS SECTOR MEDIAN
+145.62%
vs the sector median at left
Market Cap
$238.90B
PB Ratio
13.27
TTM Avg
12.35
3Y Avg
10.77
5Y Avg
11.19
Market Cap
$226.06B
PB Ratio
6.56
TTM Avg
8.38
3Y Avg
8.04
5Y Avg
7.16
Market Cap
$211.59B
PB Ratio
41.48
TTM Avg
33.32
3Y Avg
31.47
5Y Avg
33.01
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arista Networks, Inc. (ANET) | $242.93B | 16.42 | 15.38 | 13.66 | 11.95 |
| SAP SE (SAP)vs › | $243.69B | 4.77 | 4.87 | 5.29 | 4.63 |
| KLA Corporation (KLAC)vs › | $238.93B | 37.63 | 38.51 | 31.56 | 27.17 |
| Texas Instruments Incorporated (TXN)vs › | $238.90B | 13.27 | 12.35 | 10.77 | 11.19 |
| International Business Machines Corporation (IBM)vs › | $226.06B | 6.56 | 8.38 | 8.04 | 7.16 |
| Sandisk Corporation (SNDK)vs › | $261.26B | 16.60 | 10.54 | 7.23 | 7.23 |
| Palo Alto Networks, Inc. (PANW)vs › | $273.11B | 9.93 | 13.89 | 23.79 | 78.01 |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $211.59B | 41.48 | 33.32 | 31.47 | 33.01 |
| Marvell Technology, Inc. (MRVL)vs › | $205.81B | 11.11 | 7.74 | 5.56 | 4.55 |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $282.20B | 32.70 | 26.17 | 25.15 | 25.15 |
At 16.42, P/B is above its estimated 12-year median — higher than 95% of readings in its estimated 12-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 12-year low
4.36
median
9.60
estimated 12-year high
50.43
P/B Ratio
16.42
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 | 16.62 |
| 2026-09-08 | 16.80 |
| 2026-09-04 | 16.70 |
| 2026-09-03 | 16.49 |
| 2026-09-02 | 16.03 |
| 2026-09-01 | 16.31 |
| 2026-08-31 | 16.86 |
| 2026-08-28 | 16.83 |
| 2026-08-27 | 17.32 |
| 2026-08-26 | 17.42 |
| 2026-08-25 | 16.45 |
| 2026-08-24 | 16.21 |
| 2026-08-21 | 16.25 |
| 2026-08-20 | 15.83 |
| 2026-08-19 | 16.06 |
| 2026-08-18 | 16.64 |
| 2026-08-17 | 17.39 |
| 2026-08-14 | 17.13 |
| 2026-08-13 | 17.54 |
| 2026-08-12 | 18.14 |
| 2026-08-11 | 17.05 |
| 2026-08-10 | 16.50 |
| 2026-08-07 | 16.25 |
| 2026-08-06 | 16.57 |
| 2026-08-05 | 17.00 |
| 2026-08-04 | 17.99 |
| 2026-08-03 | 17.46 |
| 2026-07-31 | 17.03 |
| 2026-07-30 | 16.15 |
| 2026-07-29 | 14.92 |
| 2026-07-28 | 16.03 |
| 2026-07-27 | 16.13 |
| 2026-07-24 | 16.43 |
| 2026-07-23 | 16.68 |
| 2026-07-22 | 16.52 |
| 2026-07-21 | 16.49 |
| 2026-07-20 | 15.99 |
| 2026-07-17 | 15.92 |
| 2026-07-16 | 15.92 |
| 2026-07-15 | 16.24 |
| 2026-07-14 | 17.24 |
| 2026-07-13 | 17.11 |
| 2026-07-10 | 17.66 |
| 2026-07-09 | 17.44 |
| 2026-07-08 | 17.10 |
| 2026-07-07 | 15.72 |
| 2026-07-06 | 16.37 |
| 2026-07-02 | 15.11 |
| 2026-07-01 | 15.74 |
| 2026-06-30 | 16.04 |
| 2026-06-29 | 15.50 |
| 2026-06-26 | 14.88 |
| 2026-06-25 | 15.63 |
| 2026-06-24 | 15.28 |
| 2026-06-23 | 15.32 |
| 2026-06-22 | 16.49 |
| 2026-06-18 | 16.02 |
| 2026-06-17 | 15.58 |
| 2026-06-16 | 15.87 |
| 2026-06-15 | 15.97 |
| 2026-06-12 | 15.42 |
| 2026-06-11 | 14.77 |
| 2026-06-10 | 14.33 |
| 2026-06-09 | 14.37 |
| 2026-06-08 | 14.77 |
| 2026-06-05 | 14.57 |
| 2026-06-04 | 15.68 |
| 2026-06-03 | 16.47 |
| 2026-06-02 | 16.56 |
| 2026-06-01 | 16.12 |
| 2026-05-29 | 15.06 |
| 2026-05-28 | 14.66 |
| 2026-05-27 | 14.57 |
| 2026-05-26 | 14.92 |
| 2026-05-22 | 14.55 |
| 2026-05-21 | 14.03 |
| 2026-05-20 | 13.27 |
| 2026-05-19 | 13.37 |
| 2026-05-18 | 13.38 |
| 2026-05-15 | 13.41 |
| 2026-05-14 | 13.96 |
| 2026-05-13 | 13.29 |
| 2026-05-12 | 13.46 |
| 2026-05-11 | 12.89 |
| 2026-05-08 | 13.39 |
| 2026-05-07 | 13.39 |
| 2026-05-06 | 13.88 |
| 2026-05-05 | 17.56 |
| 2026-05-04 | 17.80 |
| 2026-05-01 | 17.81 |
| 2026-04-30 | 17.81 |
| 2026-04-29 | 17.40 |
| 2026-04-28 | 17.05 |
| 2026-04-27 | 17.79 |
| 2026-04-24 | 18.25 |
| 2026-04-23 | 17.80 |
| 2026-04-22 | 18.33 |
| 2026-04-21 | 17.83 |
| 2026-04-20 | 17.21 |
| 2026-04-17 | 16.94 |
| 2026-04-16 | 16.61 |
| 2026-04-15 | 15.92 |
| 2026-04-14 | 15.92 |
| 2026-04-13 | 15.68 |
| 2026-04-10 | 15.20 |
| 2026-04-09 | 15.06 |
| 2026-04-08 | 14.96 |
| 2026-04-07 | 13.78 |
| 2026-04-06 | 13.02 |
| 2026-04-02 | 13.06 |
| 2026-04-01 | 12.88 |
| 2026-03-31 | 12.66 |
| 2026-03-30 | 11.98 |
| 2026-03-27 | 12.46 |
| 2026-03-26 | 12.64 |
| 2026-03-25 | 13.92 |
| 2026-03-24 | 13.49 |
| 2026-03-23 | 14.01 |
| 2026-03-20 | 13.53 |
| 2026-03-19 | 14.05 |
| 2026-03-18 | 14.03 |
| 2026-03-17 | 13.72 |
| 2026-03-16 | 13.96 |
| 2026-03-13 | 13.78 |
| 2026-03-12 | 13.82 |
| 2026-03-11 | 14.26 |
| 2026-03-10 | 14.40 |
| 2026-03-09 | 14.15 |
| 2026-03-06 | 13.71 |
| 2026-03-05 | 14.38 |
| 2026-03-04 | 13.91 |
| 2026-03-03 | 12.85 |
| 2026-03-02 | 13.34 |
| 2026-02-27 | 13.77 |
| 2026-02-26 | 13.43 |
| 2026-02-25 | 13.71 |
| 2026-02-24 | 13.28 |
| 2026-02-23 | 13.14 |
| 2026-02-20 | 13.69 |
| 2026-02-19 | 14.15 |
| 2026-02-18 | 14.39 |
| 2026-02-17 | 14.70 |
| 2026-02-13 | 15.18 |
| 2026-02-12 | 14.49 |
| 2026-02-11 | 15.08 |
| 2026-02-10 | 15.38 |
| 2026-02-09 | 15.20 |
| 2026-02-06 | 14.74 |
| 2026-02-05 | 13.80 |
| 2026-02-04 | 13.97 |
| 2026-02-03 | 14.94 |
| 2026-02-02 | 14.84 |
| 2026-01-30 | 15.20 |
| 2026-01-29 | 15.88 |
| 2026-01-28 | 16.10 |
| 2026-01-27 | 15.73 |
| 2026-01-26 | 15.41 |
| 2026-01-23 | 14.62 |
| 2026-01-22 | 14.84 |
| 2026-01-21 | 13.65 |
| 2026-01-20 | 13.67 |
| 2026-01-16 | 13.92 |
| 2026-01-15 | 14.00 |
| 2026-01-14 | 13.41 |
| 2026-01-13 | 13.93 |
| 2026-01-12 | 13.23 |
| 2026-01-09 | 13.18 |
| 2026-01-08 | 13.26 |
| 2026-01-07 | 13.95 |
| 2026-01-06 | 14.21 |
| 2026-01-05 | 14.71 |
| 2026-01-02 | 14.32 |
| 2025-12-31 | 14.05 |
| 2025-12-30 | 14.20 |
| 2025-12-29 | 14.38 |
| 2025-12-26 | 14.14 |
| 2025-12-24 | 14.02 |
| 2025-12-23 | 14.08 |
| 2025-12-22 | 14.02 |
| 2025-12-19 | 14.06 |
| 2025-12-18 | 13.36 |
| 2025-12-17 | 13.12 |
| 2025-12-16 | 13.52 |
| 2025-12-15 | 13.50 |
| 2025-12-12 | 13.38 |
| 2025-12-11 | 14.41 |
| 2025-12-10 | 14.19 |
| 2025-12-09 | 13.94 |
| 2025-12-08 | 13.84 |
| 2025-12-05 | 13.79 |
| 2025-12-04 | 13.78 |
| 2025-12-03 | 13.70 |
| 2025-12-02 | 13.64 |
| 2025-12-01 | 13.74 |
| 2025-11-28 | 14.01 |
| 2025-11-26 | 13.69 |
| 2025-11-25 | 13.41 |
| 2025-11-24 | 13.10 |
| 2025-11-21 | 12.59 |
| 2025-11-20 | 12.82 |
| 2025-11-19 | 13.38 |
| 2025-11-18 | 13.24 |
| 2025-11-17 | 13.64 |
| 2025-11-14 | 14.08 |
| 2025-11-13 | 13.97 |
| 2025-11-12 | 14.47 |
| 2025-11-11 | 14.47 |
| 2025-11-10 | 14.72 |
| 2025-11-07 | 14.44 |
| 2025-11-06 | 14.37 |
| 2025-11-05 | 15.05 |
| 2025-11-04 | 17.90 |
| 2025-11-03 | 18.38 |
| 2025-10-31 | 18.39 |
| 2025-10-30 | 18.48 |
| 2025-10-29 | 18.89 |
| 2025-10-28 | 18.28 |
| 2025-10-27 | 18.29 |
| 2025-10-24 | 17.94 |
| 2025-10-23 | 17.81 |
| 2025-10-22 | 17.09 |
| 2025-10-21 | 17.02 |
| 2025-10-20 | 17.08 |
| 2025-10-17 | 16.69 |
| 2025-10-16 | 17.03 |
| 2025-10-15 | 16.72 |
| 2025-10-14 | 16.18 |
| 2025-10-13 | 17.19 |
| 2025-10-10 | 17.97 |
| 2025-10-09 | 18.45 |
| 2025-10-08 | 18.35 |
| 2025-10-07 | 16.94 |
| 2025-10-06 | 17.43 |
| 2025-10-03 | 16.97 |
| 2025-10-02 | 16.85 |
| 2025-10-01 | 17.41 |
| 2025-09-30 | 16.99 |
| 2025-09-29 | 16.72 |
| 2025-09-26 | 16.62 |
| 2025-09-25 | 16.68 |
| 2025-09-24 | 16.63 |
| 2025-09-23 | 16.80 |
| 2025-09-22 | 16.95 |
| 2025-09-19 | 17.45 |
| 2025-09-18 | 17.10 |
| 2025-09-17 | 16.66 |
| 2025-09-16 | 16.58 |
| 2025-09-15 | 16.96 |
| 2025-09-12 | 16.25 |
| 2025-09-11 | 17.85 |
| 2025-09-10 | 17.57 |
| 2025-09-09 | 16.55 |
| 2025-09-08 | 16.33 |
| 2025-09-05 | 16.66 |
| 2025-09-04 | 16.46 |
| 2025-09-03 | 16.02 |
| 2025-09-02 | 15.84 |
| 2025-08-29 | 15.92 |
| 2025-08-28 | 15.89 |
| 2025-08-27 | 15.54 |
Showing the most recent 260 of 3,083 data points. The chart above shows the full history.