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 20.55 is 43% above its estimated 5-year average of 14.42, near the low end of its estimated 5-year range (6.10–87.16).
As of 2026-09-26T00:15:29.277Z. 55.01% above its estimated 12-month average of 13.26.
Calculation as of: 2026-09-26T00:15:29.277Z.
Quote observation: 2026-09-25T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 2b5d2b177af8f3c385254fca7c93e3f2c2e445282d5d47664628fd6f9e0c2bf4
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 2026-09-11.
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
20.55
PB RATIO AVG TTM
13.26
PB RATIO AVG 3Y
13.02
PB RATIO AVG 5Y
14.42
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+55.01%
CURRENT VS 3Y AVG
+57.78%
CURRENT VS 5Y AVG
+42.51%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.64
median of 184 covered companies
CURRENT VS SECTOR MEDIAN
+209.26%
vs the sector median at left
Market Cap
$1.92B
PB Ratio
1.70
TTM Avg
5.27
3Y Avg
5.27
5Y Avg
5.27
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Asana, Inc. (ASAN) | $2.14B | 20.55 | 13.26 | 13.02 | 14.42 |
| nCino, Inc. (NCNO)vs › | $2.13B | 2.29 | 2.28 | 2.99 | 4.16 |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.02B | 2.33 | 2.39 | 1.76 | 1.80 |
| Quantum Computing, Inc. (QUBT)vs › | $2.01B | 1.26 | 2.39 | 3.98 | 4.38 |
| Keel Infrastructure Corp. (KEEL)vs › | $2.29B | 6.98 | 4.02 | 2.45 | 2.09 |
| SharonAI Holdings, Inc. Class A Common Stock (SHAZ)vs › | $1.92B | 1.70 | 5.27 | 5.27 | 5.27 |
| C3.ai, Inc. (AI)vs › | $1.62B | 2.33 | 2.23 | 3.23 | 3.02 |
| Bitdeer Technologies Group (BTDR)vs › | $2.69B | 2.44 | 4.12 | 3.30 | 4.30 |
| PagerDuty, Inc. (PD)vs › | $1.31B | 5.65 | 4.27 | 8.99 | 9.34 |
| Veeco Instruments Inc. (VECO)vs › | $3.03B | 3.36 | 2.85 | 2.62 | 2.75 |
At 20.55, P/B is above its estimated 6-year median — higher than 67% of readings in its estimated 6-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 6-year low
6.10
median
14.29
estimated 6-year high
169.68
P/B Ratio
20.55
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 |
|---|---|
| 2026-09-11 | 19.40 |
| 2026-09-10 | 18.94 |
| 2026-09-09 | 18.25 |
| 2026-09-08 | 19.45 |
| 2026-09-04 | 19.49 |
| 2026-09-03 | 17.54 |
| 2026-09-02 | 17.04 |
| 2026-09-01 | 17.09 |
| 2026-08-31 | 17.84 |
| 2026-08-28 | 17.72 |
| 2026-08-27 | 17.68 |
| 2026-08-26 | 16.41 |
| 2026-08-25 | 16.41 |
| 2026-08-24 | 16.97 |
| 2026-08-21 | 16.66 |
| 2026-08-20 | 16.52 |
| 2026-08-19 | 16.64 |
| 2026-08-18 | 15.93 |
| 2026-08-17 | 15.35 |
| 2026-08-14 | 15.89 |
| 2026-08-13 | 17.16 |
| 2026-08-12 | 15.63 |
| 2026-08-11 | 16.08 |
| 2026-08-10 | 16.05 |
| 2026-08-07 | 16.10 |
| 2026-08-06 | 15.09 |
| 2026-08-05 | 15.44 |
| 2026-08-04 | 15.23 |
| 2026-08-03 | 14.83 |
| 2026-07-31 | 14.47 |
| 2026-07-30 | 13.82 |
| 2026-07-29 | 14.80 |
| 2026-07-28 | 14.24 |
| 2026-07-27 | 13.47 |
| 2026-07-24 | 11.93 |
| 2026-07-23 | 11.42 |
| 2026-07-22 | 11.96 |
| 2026-07-21 | 12.85 |
| 2026-07-20 | 13.21 |
| 2026-07-17 | 13.37 |
| 2026-07-16 | 13.28 |
| 2026-07-15 | 13.11 |
| 2026-07-14 | 12.97 |
| 2026-07-13 | 13.37 |
| 2026-07-10 | 12.74 |
| 2026-07-09 | 12.81 |
| 2026-07-08 | 12.31 |
| 2026-07-07 | 13.02 |
| 2026-07-06 | 12.54 |
| 2026-07-02 | 12.76 |
| 2026-07-01 | 12.71 |
| 2026-06-30 | 12.17 |
| 2026-06-29 | 12.17 |
| 2026-06-26 | 12.12 |
| 2026-06-25 | 11.11 |
| 2026-06-24 | 11.56 |
| 2026-06-23 | 11.60 |
| 2026-06-22 | 11.74 |
| 2026-06-18 | 12.03 |
| 2026-06-17 | 12.34 |
| 2026-06-16 | 12.81 |
| 2026-06-15 | 12.92 |
| 2026-06-12 | 12.85 |
| 2026-06-11 | 12.97 |
| 2026-06-10 | 13.18 |
| 2026-06-09 | 13.11 |
| 2026-06-08 | 13.60 |
| 2026-06-05 | 13.63 |
| 2026-06-04 | 14.03 |
| 2026-06-03 | 13.86 |
| 2026-06-02 | 15.09 |
| 2026-06-01 | 15.77 |
| 2026-05-29 | 13.39 |
| 2026-05-28 | 10.30 |
| 2026-05-27 | 9.91 |
| 2026-05-26 | 10.18 |
| 2026-05-22 | 10.24 |
| 2026-05-21 | 9.84 |
| 2026-05-20 | 10.27 |
| 2026-05-19 | 10.25 |
| 2026-05-18 | 10.15 |
| 2026-05-15 | 9.59 |
| 2026-05-14 | 8.99 |
| 2026-05-13 | 8.83 |
| 2026-05-12 | 9.29 |
| 2026-05-11 | 9.81 |
| 2026-05-08 | 10.25 |
| 2026-05-07 | 10.90 |
| 2026-05-06 | 10.56 |
| 2026-05-05 | 11.37 |
| 2026-05-04 | 11.17 |
| 2026-05-01 | 10.81 |
| 2026-04-30 | 9.77 |
| 2026-04-29 | 9.90 |
| 2026-04-28 | 9.79 |
| 2026-04-27 | 9.65 |
| 2026-04-24 | 9.88 |
| 2026-04-23 | 9.43 |
| 2026-04-22 | 9.91 |
| 2026-04-21 | 9.84 |
| 2026-04-20 | 9.73 |
| 2026-04-17 | 9.03 |
| 2026-04-16 | 9.05 |
| 2026-04-15 | 9.40 |
| 2026-04-14 | 8.49 |
| 2026-04-13 | 8.97 |
| 2026-04-10 | 8.44 |
| 2026-04-09 | 8.86 |
| 2026-04-08 | 9.36 |
| 2026-04-07 | 9.59 |
| 2026-04-06 | 9.64 |
| 2026-04-02 | 9.85 |
| 2026-04-01 | 9.79 |
| 2026-03-31 | 9.90 |
| 2026-03-30 | 9.60 |
| 2026-03-27 | 9.54 |
| 2026-03-26 | 9.56 |
| 2026-03-25 | 9.36 |
| 2026-03-24 | 9.65 |
| 2026-03-23 | 10.22 |
| 2026-03-20 | 10.28 |
| 2026-03-19 | 10.33 |
| 2026-03-18 | 10.38 |
| 2026-03-17 | 10.59 |
| 2026-03-16 | 10.50 |
| 2026-03-13 | 8.85 |
| 2026-03-12 | 8.65 |
| 2026-03-11 | 8.90 |
| 2026-03-10 | 9.28 |
| 2026-03-09 | 9.97 |
| 2026-03-06 | 10.05 |
| 2026-03-05 | 9.99 |
| 2026-03-04 | 9.78 |
| 2026-03-03 | 9.39 |
| 2026-03-02 | 9.22 |
| 2026-02-27 | 8.96 |
| 2026-02-26 | 9.28 |
| 2026-02-25 | 9.04 |
| 2026-02-24 | 8.86 |
| 2026-02-23 | 8.31 |
| 2026-02-20 | 9.17 |
| 2026-02-19 | 9.40 |
| 2026-02-18 | 9.61 |
| 2026-02-17 | 9.29 |
| 2026-02-13 | 9.54 |
| 2026-02-12 | 9.51 |
| 2026-02-11 | 9.46 |
| 2026-02-10 | 10.38 |
| 2026-02-09 | 10.38 |
| 2026-02-06 | 11.06 |
| 2026-02-05 | 10.68 |
| 2026-02-04 | 11.49 |
| 2026-02-03 | 11.68 |
| 2026-02-02 | 12.51 |
| 2026-01-30 | 12.94 |
| 2026-01-29 | 13.14 |
| 2026-01-28 | 14.03 |
| 2026-01-27 | 14.08 |
| 2026-01-26 | 14.53 |
| 2026-01-23 | 14.06 |
| 2026-01-22 | 14.09 |
| 2026-01-21 | 13.48 |
| 2026-01-20 | 13.57 |
| 2026-01-16 | 13.80 |
| 2026-01-15 | 14.53 |
| 2026-01-14 | 14.42 |
| 2026-01-13 | 15.04 |
| 2026-01-12 | 16.36 |
| 2026-01-09 | 16.36 |
| 2026-01-08 | 16.75 |
| 2026-01-07 | 17.09 |
| 2026-01-06 | 16.52 |
| 2026-01-05 | 16.26 |
| 2026-01-02 | 16.36 |
| 2025-12-31 | 17.31 |
| 2025-12-30 | 17.55 |
| 2025-12-29 | 17.57 |
| 2025-12-26 | 17.42 |
| 2025-12-24 | 17.31 |
| 2025-12-23 | 17.06 |
| 2025-12-22 | 18.15 |
| 2025-12-19 | 18.28 |
| 2025-12-18 | 18.20 |
| 2025-12-17 | 18.33 |
| 2025-12-16 | 18.03 |
| 2025-12-15 | 17.85 |
| 2025-12-12 | 18.12 |
| 2025-12-11 | 18.57 |
| 2025-12-10 | 18.41 |
| 2025-12-09 | 19.06 |
| 2025-12-08 | 18.43 |
| 2025-12-05 | 17.90 |
| 2025-12-04 | 17.88 |
| 2025-12-03 | 18.22 |
| 2025-12-02 | 14.09 |
| 2025-12-01 | 13.43 |
| 2025-11-28 | 13.55 |
| 2025-11-26 | 13.12 |
| 2025-11-25 | 13.07 |
| 2025-11-24 | 12.83 |
| 2025-11-21 | 12.79 |
| 2025-11-20 | 12.53 |
| 2025-11-19 | 12.63 |
| 2025-11-18 | 12.72 |
| 2025-11-17 | 12.65 |
| 2025-11-14 | 13.36 |
| 2025-11-13 | 13.31 |
| 2025-11-12 | 13.58 |
| 2025-11-11 | 13.98 |
| 2025-11-10 | 14.23 |
| 2025-11-07 | 14.01 |
| 2025-11-06 | 13.78 |
| 2025-11-05 | 13.83 |
| 2025-11-04 | 13.82 |
| 2025-11-03 | 14.76 |
| 2025-10-31 | 14.78 |
| 2025-10-30 | 14.39 |
| 2025-10-29 | 14.44 |
| 2025-10-28 | 15.00 |
| 2025-10-27 | 15.34 |
| 2025-10-24 | 15.34 |
| 2025-10-23 | 15.40 |
| 2025-10-22 | 15.06 |
| 2025-10-21 | 15.49 |
| 2025-10-20 | 15.38 |
| 2025-10-17 | 14.66 |
| 2025-10-16 | 14.71 |
| 2025-10-15 | 14.86 |
| 2025-10-14 | 14.86 |
| 2025-10-13 | 15.00 |
| 2025-10-10 | 14.34 |
| 2025-10-09 | 15.98 |
| 2025-10-08 | 15.96 |
| 2025-10-07 | 15.10 |
| 2025-10-06 | 15.36 |
| 2025-10-03 | 14.36 |
| 2025-10-02 | 14.17 |
| 2025-10-01 | 13.96 |
| 2025-09-30 | 14.05 |
| 2025-09-29 | 14.31 |
| 2025-09-26 | 14.61 |
| 2025-09-25 | 14.71 |
| 2025-09-24 | 14.90 |
| 2025-09-23 | 14.95 |
| 2025-09-22 | 15.19 |
| 2025-09-19 | 14.94 |
| 2025-09-18 | 15.12 |
| 2025-09-17 | 14.45 |
| 2025-09-16 | 14.35 |
| 2025-09-15 | 14.10 |
| 2025-09-12 | 13.90 |
| 2025-09-11 | 14.52 |
| 2025-09-10 | 13.97 |
| 2025-09-09 | 14.63 |
| 2025-09-08 | 14.49 |
| 2025-09-05 | 14.16 |
| 2025-09-04 | 15.39 |
| 2025-09-03 | 14.14 |
| 2025-09-02 | 13.83 |
| 2025-08-29 | 14.51 |
Showing the most recent 260 of 1,384 data points. The chart above shows the full history.