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 1.62 is 40% below its estimated 5-year average of 2.69, near the low end of its estimated 5-year range (0.05–12.02).
As of 2026-10-06T15:45:41.092Z. 46.61% below its estimated 12-month average of 3.03.
Calculation as of: 2026-10-06T15:45:41.092Z.
Quote observation: 2026-10-06T15:45:09.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 47c8a7f7872550f4b91559d6c77d4467729e005a9c3786f3e3eb9faa26d80d2a
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
1.62
PB RATIO AVG TTM
3.03
PB RATIO AVG 3Y
2.16
PB RATIO AVG 5Y
2.69
PB RATIO AVG 10Y
5.81
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-46.61%
CURRENT VS 3Y AVG
-24.92%
CURRENT VS 5Y AVG
-39.89%
CURRENT VS 10Y AVG
-72.11%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.39
median of 613 covered companies
CURRENT VS SECTOR MEDIAN
-32.22%
vs the sector median at left
Market Cap
$720.19M
PB Ratio
2.31
TTM Avg
4.98
3Y Avg
5.68
5Y Avg
4.84
Market Cap
$741.20M
PB Ratio
N/A
TTM Avg
11.71
3Y Avg
10.59
5Y Avg
22.59
Market Cap
$703.94M
PB Ratio
2.80
TTM Avg
13.71
3Y Avg
20.16
5Y Avg
20.16
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Avalo Therapeutics, Inc. (AVTX) | $726.36M | 1.62 | 3.03 | 2.16 | 2.69 |
| Cytek Biosciences, Inc. (CTKB)vs › | $719.97M | 2.24 | 1.70 | 1.79 | 2.50 |
| Collegium Pharmaceutical, Inc. (COLL)vs › | $720.19M | 2.31 | 4.98 | 5.68 | 4.84 |
| Olema Pharmaceuticals, Inc. (OLMA)vs › | $717.56M | 1.67 | 3.98 | 2.73 | 2.12 |
| Achieve Life Sciences, Inc. (ACHV)vs › | $741.20M | N/A | 11.71 | 10.59 | 22.59 |
| Faeth Therapeutics, Inc. (FTH)vs › | $759.70M | 4.39 | 1.03 | 0.51 | 0.54 |
| Anteris Technologies Global Corp. (AVR)vs › | $703.94M | 2.80 | 13.71 | 20.16 | 20.16 |
| Candel Therapeutics, Inc. (CADL)vs › | $752.25M | 5.96 | 4.72 | 7.10 | 4.64 |
| Annexon, Inc. (ANNX)vs › | $688.96M | 3.70 | 4.58 | 2.76 | 2.17 |
| Helus Pharma Inc. (HELP)vs › | $685.97M | 2.84 | 1.21 | 1.21 | 1.21 |
At 1.62, P/B is below its estimated 11-year median — higher than 13% of readings in its estimated 11-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 11-year low
0.05
median
6.84
estimated 11-year high
18729.57
P/B Ratio
1.62
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 | 1.42 |
| 2026-10-02 | 1.46 |
| 2026-10-01 | 1.45 |
| 2026-09-30 | 1.49 |
| 2026-09-29 | 1.51 |
| 2026-09-28 | 1.47 |
| 2026-09-25 | 1.50 |
| 2026-09-24 | 1.53 |
| 2026-09-23 | 1.49 |
| 2026-09-22 | 1.60 |
| 2026-09-21 | 1.57 |
| 2026-09-18 | 1.61 |
| 2026-09-17 | 1.62 |
| 2026-09-16 | 1.61 |
| 2026-09-15 | 1.56 |
| 2026-09-14 | 1.57 |
| 2026-09-11 | 1.57 |
| 2026-09-10 | 1.67 |
| 2026-09-09 | 1.77 |
| 2026-09-08 | 1.92 |
| 2026-09-04 | 1.87 |
| 2026-09-03 | 1.85 |
| 2026-09-02 | 1.88 |
| 2026-09-01 | 1.84 |
| 2026-08-31 | 1.88 |
| 2026-08-28 | 1.90 |
| 2026-08-27 | 1.95 |
| 2026-08-26 | 2.00 |
| 2026-08-25 | 1.92 |
| 2026-08-24 | 1.87 |
| 2026-08-21 | 1.93 |
| 2026-08-20 | 1.93 |
| 2026-08-19 | 2.02 |
| 2026-08-18 | 1.92 |
| 2026-08-17 | 1.94 |
| 2026-08-14 | 1.90 |
| 2026-08-13 | 1.89 |
| 2026-08-12 | 1.90 |
| 2026-08-11 | 1.89 |
| 2026-08-10 | 1.92 |
| 2026-08-07 | 1.78 |
| 2026-08-06 | 5.50 |
| 2026-08-05 | 5.54 |
| 2026-08-04 | 5.45 |
| 2026-08-03 | 5.31 |
| 2026-07-31 | 5.37 |
| 2026-07-30 | 5.71 |
| 2026-07-29 | 5.59 |
| 2026-07-28 | 5.74 |
| 2026-07-27 | 5.74 |
| 2026-07-24 | 5.43 |
| 2026-07-23 | 5.23 |
| 2026-07-22 | 5.34 |
| 2026-07-21 | 5.54 |
| 2026-07-20 | 5.36 |
| 2026-07-17 | 5.70 |
| 2026-07-16 | 5.26 |
| 2026-07-15 | 5.46 |
| 2026-07-14 | 5.42 |
| 2026-07-13 | 5.57 |
| 2026-07-10 | 5.65 |
| 2026-07-09 | 5.87 |
| 2026-07-08 | 5.65 |
| 2026-07-07 | 5.67 |
| 2026-07-06 | 5.87 |
| 2026-07-02 | 5.54 |
| 2026-07-01 | 5.09 |
| 2026-06-30 | 5.44 |
| 2026-06-29 | 5.68 |
| 2026-06-26 | 5.36 |
| 2026-06-25 | 5.30 |
| 2026-06-24 | 5.34 |
| 2026-06-23 | 5.25 |
| 2026-06-22 | 5.03 |
| 2026-06-18 | 4.33 |
| 2026-06-17 | 4.53 |
| 2026-06-16 | 4.22 |
| 2026-06-15 | 4.30 |
| 2026-06-12 | 4.34 |
| 2026-06-11 | 4.02 |
| 2026-06-10 | 3.86 |
| 2026-06-09 | 3.80 |
| 2026-06-08 | 3.75 |
| 2026-06-05 | 3.86 |
| 2026-06-04 | 4.01 |
| 2026-06-03 | 4.04 |
| 2026-06-02 | 4.11 |
| 2026-06-01 | 4.64 |
| 2026-05-29 | 4.69 |
| 2026-05-28 | 4.75 |
| 2026-05-27 | 4.65 |
| 2026-05-26 | 4.71 |
| 2026-05-22 | 4.81 |
| 2026-05-21 | 4.89 |
| 2026-05-20 | 4.79 |
| 2026-05-19 | 4.79 |
| 2026-05-18 | 4.76 |
| 2026-05-15 | 5.22 |
| 2026-05-14 | 5.59 |
| 2026-05-13 | 4.42 |
| 2026-05-12 | 4.44 |
| 2026-05-11 | 4.51 |
| 2026-05-08 | 4.81 |
| 2026-05-07 | 5.10 |
| 2026-05-06 | 4.86 |
| 2026-05-05 | 3.62 |
| 2026-05-04 | 3.07 |
| 2026-05-01 | 3.06 |
| 2026-04-30 | 2.99 |
| 2026-04-29 | 2.94 |
| 2026-04-28 | 2.87 |
| 2026-04-27 | 3.21 |
| 2026-04-24 | 3.10 |
| 2026-04-23 | 3.29 |
| 2026-04-22 | 3.23 |
| 2026-04-21 | 3.19 |
| 2026-04-20 | 3.27 |
| 2026-04-17 | 3.22 |
| 2026-04-16 | 3.21 |
| 2026-04-15 | 2.98 |
| 2026-04-14 | 3.10 |
| 2026-04-13 | 2.97 |
| 2026-04-10 | 3.05 |
| 2026-04-09 | 3.17 |
| 2026-04-08 | 3.21 |
| 2026-04-07 | 3.55 |
| 2026-04-06 | 3.63 |
| 2026-04-02 | 3.96 |
| 2026-04-01 | 3.72 |
| 2026-03-31 | 3.33 |
| 2026-03-30 | 3.11 |
| 2026-03-27 | 3.10 |
| 2026-03-26 | 3.11 |
| 2026-03-25 | 3.11 |
| 2026-03-24 | 3.00 |
| 2026-03-23 | 2.06 |
| 2026-03-20 | 2.05 |
| 2026-03-19 | 2.17 |
| 2026-03-18 | 2.25 |
| 2026-03-17 | 2.35 |
| 2026-03-16 | 2.45 |
| 2026-03-13 | 2.42 |
| 2026-03-12 | 2.56 |
| 2026-03-11 | 2.62 |
| 2026-03-10 | 2.59 |
| 2026-03-09 | 2.65 |
| 2026-03-06 | 2.65 |
| 2026-03-05 | 2.69 |
| 2026-03-04 | 2.81 |
| 2026-03-03 | 2.88 |
| 2026-03-02 | 2.75 |
| 2026-02-27 | 2.68 |
| 2026-02-26 | 2.70 |
| 2026-02-25 | 2.58 |
| 2026-02-24 | 2.48 |
| 2026-02-23 | 2.26 |
| 2026-02-20 | 2.17 |
| 2026-02-19 | 2.44 |
| 2026-02-18 | 2.29 |
| 2026-02-17 | 2.30 |
| 2026-02-13 | 2.18 |
| 2026-02-12 | 2.20 |
| 2026-02-11 | 2.19 |
| 2026-02-10 | 2.23 |
| 2026-02-09 | 2.14 |
| 2026-02-06 | 2.17 |
| 2026-02-05 | 2.01 |
| 2026-02-04 | 2.20 |
| 2026-02-03 | 2.44 |
| 2026-02-02 | 2.39 |
| 2026-01-30 | 2.31 |
| 2026-01-29 | 2.33 |
| 2026-01-28 | 2.29 |
| 2026-01-27 | 2.46 |
| 2026-01-26 | 2.39 |
| 2026-01-23 | 2.41 |
| 2026-01-22 | 2.49 |
| 2026-01-21 | 2.41 |
| 2026-01-20 | 2.26 |
| 2026-01-16 | 2.30 |
| 2026-01-15 | 2.39 |
| 2026-01-14 | 2.48 |
| 2026-01-13 | 2.63 |
| 2026-01-12 | 2.55 |
| 2026-01-09 | 2.59 |
| 2026-01-08 | 2.62 |
| 2026-01-07 | 2.59 |
| 2026-01-06 | 2.43 |
| 2026-01-05 | 2.45 |
| 2026-01-02 | 2.60 |
| 2025-12-31 | 2.78 |
| 2025-12-30 | 2.72 |
| 2025-12-29 | 2.84 |
| 2025-12-26 | 2.81 |
| 2025-12-24 | 2.89 |
| 2025-12-23 | 2.86 |
| 2025-12-22 | 2.93 |
| 2025-12-19 | 2.84 |
| 2025-12-18 | 2.89 |
| 2025-12-17 | 2.94 |
| 2025-12-16 | 2.88 |
| 2025-12-15 | 2.71 |
| 2025-12-12 | 2.84 |
| 2025-12-11 | 2.98 |
| 2025-12-10 | 3.05 |
| 2025-12-09 | 2.94 |
| 2025-12-08 | 2.97 |
| 2025-12-05 | 2.69 |
| 2025-12-04 | 2.75 |
| 2025-12-03 | 2.60 |
| 2025-12-02 | 2.43 |
| 2025-12-01 | 2.57 |
| 2025-11-28 | 2.91 |
| 2025-11-26 | 2.84 |
| 2025-11-25 | 2.90 |
| 2025-11-24 | 2.75 |
| 2025-11-21 | 2.73 |
| 2025-11-20 | 2.71 |
| 2025-11-19 | 2.69 |
| 2025-11-18 | 2.75 |
| 2025-11-17 | 2.58 |
| 2025-11-14 | 2.31 |
| 2025-11-13 | 2.25 |
| 2025-11-12 | 2.36 |
| 2025-11-11 | 2.37 |
| 2025-11-10 | 2.33 |
| 2025-11-07 | 2.30 |
| 2025-11-06 | 1.60 |
| 2025-11-05 | 1.70 |
| 2025-11-04 | 1.67 |
| 2025-11-03 | 1.73 |
| 2025-10-31 | 1.87 |
| 2025-10-30 | 1.87 |
| 2025-10-29 | 1.87 |
| 2025-10-28 | 1.90 |
| 2025-10-27 | 1.86 |
| 2025-10-24 | 1.82 |
| 2025-10-23 | 1.86 |
| 2025-10-22 | 1.63 |
| 2025-10-21 | 1.81 |
| 2025-10-20 | 1.77 |
| 2025-10-17 | 1.59 |
| 2025-10-16 | 1.45 |
| 2025-10-15 | 1.44 |
| 2025-10-14 | 1.45 |
| 2025-10-13 | 1.42 |
| 2025-10-10 | 1.44 |
| 2025-10-09 | 1.55 |
| 2025-10-08 | 1.47 |
| 2025-10-07 | 1.40 |
| 2025-10-06 | 1.45 |
| 2025-10-03 | 1.39 |
| 2025-10-02 | 1.35 |
| 2025-10-01 | 1.34 |
| 2025-09-30 | 1.32 |
| 2025-09-29 | 1.35 |
| 2025-09-26 | 1.12 |
| 2025-09-25 | 1.20 |
| 2025-09-24 | 1.20 |
| 2025-09-23 | 1.17 |
Showing the most recent 260 of 2,138 data points. The chart above shows the full history.