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 108.41 is 76% above its estimated 5-year average of 61.60, around the middle of its estimated 5-year range (9.40–239.33).
As of 2026-10-06T16:21:15.499Z. 21.35% below its estimated 12-month average of 137.84.
Calculation as of: 2026-10-06T16:21:15.499Z.
Quote observation: 2026-10-06T16:20:42.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 6c02d81e284155bdcda1783dec911e9c0a395e203238f61c1cccf60d236910ce
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
108.41
PB RATIO AVG TTM
137.84
PB RATIO AVG 3Y
69.63
PB RATIO AVG 5Y
61.60
PB RATIO AVG 10Y
41.20
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-21.35%
CURRENT VS 3Y AVG
+55.69%
CURRENT VS 5Y AVG
+75.99%
CURRENT VS 10Y AVG
+163.13%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.39
median of 650 covered companies
CURRENT VS SECTOR MEDIAN
+4435.98%
vs the sector median at left
Axsome Therapeutics, Inc.
Market Cap
$9.03B
PB Ratio
108.41
TTM Avg
137.84
3Y Avg
69.63
5Y Avg
61.60
Market Cap
$8.92B
PB Ratio
10.60
TTM Avg
10.38
3Y Avg
6.53
5Y Avg
5.28
Market Cap
$8.77B
PB Ratio
18.83
TTM Avg
17.80
3Y Avg
14.54
5Y Avg
12.88
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Axsome Therapeutics, Inc. (AXSM) | $9.03B | 108.41 | 137.84 | 69.63 | 61.60 |
| Bruker Corporation (BRKRP)vs › | $9.05B | 3.77 | 23.50 | 23.43 | 23.43 |
| Protagonist Therapeutics, Inc. (PTGX)vs › | $8.92B | 10.60 | 10.38 | 6.53 | 5.28 |
| Arrowhead Pharmaceuticals, Inc. (ARWR)vs › | $8.77B | 18.83 | 17.80 | 14.54 | 12.88 |
| Bruker Corporation (BRKR)vs › | $9.32B | 3.88 | 3.07 | 4.87 | 6.77 |
| Kymera Therapeutics, Inc. (KYMR)vs › | $8.68B | 5.75 | 6.20 | 4.71 | 4.38 |
| Insulet Corp. (PODD)vs › | $9.38B | 6.60 | 10.90 | 15.53 | 24.85 |
| Vaxcyte, Inc. (PCVX)vs › | $9.44B | 3.42 | 2.58 | 3.29 | 3.80 |
| Oscar Health, Inc. (OSCR)vs › | $8.39B | 4.09 | 4.60 | 4.06 | 2.91 |
| Henry Schein, Inc. (HSIC)vs › | $9.71B | 3.08 | 2.81 | 2.66 | 2.83 |
At 108.41, P/B is above its estimated 11-year median — higher than 85% 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
2.44
median
25.32
estimated 11-year high
630.98
P/B Ratio
108.41
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 | 109.48 |
| 2026-10-02 | 110.82 |
| 2026-10-01 | 112.56 |
| 2026-09-30 | 113.99 |
| 2026-09-29 | 115.08 |
| 2026-09-28 | 119.87 |
| 2026-09-25 | 120.61 |
| 2026-09-24 | 121.19 |
| 2026-09-23 | 119.60 |
| 2026-09-22 | 125.56 |
| 2026-09-21 | 127.04 |
| 2026-09-18 | 128.45 |
| 2026-09-17 | 132.47 |
| 2026-09-16 | 131.05 |
| 2026-09-15 | 126.16 |
| 2026-09-14 | 133.90 |
| 2026-09-11 | 136.47 |
| 2026-09-10 | 130.52 |
| 2026-09-09 | 130.22 |
| 2026-09-08 | 128.48 |
| 2026-09-04 | 127.77 |
| 2026-09-03 | 128.81 |
| 2026-09-02 | 129.78 |
| 2026-09-01 | 125.39 |
| 2026-08-31 | 122.73 |
| 2026-08-28 | 123.04 |
| 2026-08-27 | 127.52 |
| 2026-08-26 | 128.07 |
| 2026-08-25 | 127.03 |
| 2026-08-24 | 126.98 |
| 2026-08-21 | 128.45 |
| 2026-08-20 | 128.61 |
| 2026-08-19 | 134.90 |
| 2026-08-18 | 133.35 |
| 2026-08-17 | 133.70 |
| 2026-08-14 | 132.10 |
| 2026-08-13 | 132.10 |
| 2026-08-12 | 132.71 |
| 2026-08-11 | 133.39 |
| 2026-08-10 | 207.18 |
| 2026-08-07 | 199.53 |
| 2026-08-06 | 197.09 |
| 2026-08-05 | 199.64 |
| 2026-08-04 | 199.00 |
| 2026-08-03 | 197.94 |
| 2026-07-31 | 204.46 |
| 2026-07-30 | 220.07 |
| 2026-07-29 | 213.30 |
| 2026-07-28 | 219.66 |
| 2026-07-27 | 223.57 |
| 2026-07-24 | 226.04 |
| 2026-07-23 | 226.54 |
| 2026-07-22 | 224.74 |
| 2026-07-21 | 222.24 |
| 2026-07-20 | 207.88 |
| 2026-07-17 | 215.72 |
| 2026-07-16 | 222.33 |
| 2026-07-15 | 222.78 |
| 2026-07-14 | 220.66 |
| 2026-07-13 | 214.11 |
| 2026-07-10 | 219.29 |
| 2026-07-09 | 233.50 |
| 2026-07-08 | 230.33 |
| 2026-07-07 | 234.26 |
| 2026-07-06 | 227.54 |
| 2026-07-02 | 229.14 |
| 2026-07-01 | 225.72 |
| 2026-06-30 | 229.58 |
| 2026-06-29 | 226.15 |
| 2026-06-26 | 226.67 |
| 2026-06-25 | 222.60 |
| 2026-06-24 | 223.15 |
| 2026-06-23 | 226.95 |
| 2026-06-22 | 232.46 |
| 2026-06-18 | 234.95 |
| 2026-06-17 | 236.51 |
| 2026-06-16 | 236.27 |
| 2026-06-15 | 237.67 |
| 2026-06-12 | 239.33 |
| 2026-06-11 | 238.02 |
| 2026-06-10 | 231.05 |
| 2026-06-09 | 230.39 |
| 2026-06-08 | 220.54 |
| 2026-06-05 | 217.90 |
| 2026-06-04 | 217.11 |
| 2026-06-03 | 219.00 |
| 2026-06-02 | 208.37 |
| 2026-06-01 | 215.96 |
| 2026-05-29 | 219.92 |
| 2026-05-28 | 218.38 |
| 2026-05-27 | 219.96 |
| 2026-05-26 | 219.66 |
| 2026-05-22 | 221.32 |
| 2026-05-21 | 219.14 |
| 2026-05-20 | 216.30 |
| 2026-05-19 | 212.60 |
| 2026-05-18 | 213.28 |
| 2026-05-15 | 213.58 |
| 2026-05-14 | 217.85 |
| 2026-05-13 | 220.71 |
| 2026-05-12 | 210.12 |
| 2026-05-11 | 203.03 |
| 2026-05-08 | 203.89 |
| 2026-05-07 | 206.55 |
| 2026-05-06 | 208.81 |
| 2026-05-05 | 209.21 |
| 2026-05-04 | 128.28 |
| 2026-05-01 | 118.43 |
| 2026-04-30 | 119.13 |
| 2026-04-29 | 105.48 |
| 2026-04-28 | 106.09 |
| 2026-04-27 | 107.46 |
| 2026-04-24 | 106.64 |
| 2026-04-23 | 104.78 |
| 2026-04-22 | 106.90 |
| 2026-04-21 | 104.92 |
| 2026-04-20 | 108.20 |
| 2026-04-17 | 108.37 |
| 2026-04-16 | 105.62 |
| 2026-04-15 | 105.62 |
| 2026-04-14 | 105.62 |
| 2026-04-13 | 102.26 |
| 2026-04-10 | 102.13 |
| 2026-04-09 | 102.59 |
| 2026-04-08 | 99.31 |
| 2026-04-07 | 96.76 |
| 2026-04-06 | 97.33 |
| 2026-04-02 | 96.63 |
| 2026-04-01 | 98.50 |
| 2026-03-31 | 96.92 |
| 2026-03-30 | 92.04 |
| 2026-03-27 | 89.66 |
| 2026-03-26 | 94.20 |
| 2026-03-25 | 92.77 |
| 2026-03-24 | 91.03 |
| 2026-03-23 | 89.94 |
| 2026-03-20 | 89.98 |
| 2026-03-19 | 91.11 |
| 2026-03-18 | 90.53 |
| 2026-03-17 | 92.42 |
| 2026-03-16 | 90.73 |
| 2026-03-13 | 89.50 |
| 2026-03-12 | 88.38 |
| 2026-03-11 | 91.46 |
| 2026-03-10 | 95.38 |
| 2026-03-09 | 94.32 |
| 2026-03-06 | 93.09 |
| 2026-03-05 | 92.59 |
| 2026-03-04 | 94.09 |
| 2026-03-03 | 94.07 |
| 2026-03-02 | 95.41 |
| 2026-02-27 | 93.98 |
| 2026-02-26 | 93.58 |
| 2026-02-25 | 94.17 |
| 2026-02-24 | 97.46 |
| 2026-02-23 | 118.57 |
| 2026-02-20 | 124.65 |
| 2026-02-19 | 126.32 |
| 2026-02-18 | 125.34 |
| 2026-02-17 | 124.36 |
| 2026-02-13 | 122.95 |
| 2026-02-12 | 124.12 |
| 2026-02-11 | 126.34 |
| 2026-02-10 | 125.04 |
| 2026-02-09 | 124.31 |
| 2026-02-06 | 123.86 |
| 2026-02-05 | 122.70 |
| 2026-02-04 | 125.88 |
| 2026-02-03 | 127.11 |
| 2026-02-02 | 126.11 |
| 2026-01-30 | 125.01 |
| 2026-01-29 | 125.70 |
| 2026-01-28 | 125.63 |
| 2026-01-27 | 127.57 |
| 2026-01-26 | 125.19 |
| 2026-01-23 | 126.17 |
| 2026-01-22 | 126.86 |
| 2026-01-21 | 128.30 |
| 2026-01-20 | 125.18 |
| 2026-01-16 | 120.27 |
| 2026-01-15 | 118.15 |
| 2026-01-14 | 120.10 |
| 2026-01-13 | 118.28 |
| 2026-01-12 | 119.97 |
| 2026-01-09 | 114.92 |
| 2026-01-08 | 113.68 |
| 2026-01-07 | 115.81 |
| 2026-01-06 | 116.62 |
| 2026-01-05 | 116.35 |
| 2026-01-02 | 121.24 |
| 2025-12-31 | 123.92 |
| 2025-12-30 | 100.95 |
| 2025-12-29 | 102.23 |
| 2025-12-26 | 103.16 |
| 2025-12-24 | 104.24 |
| 2025-12-23 | 104.61 |
| 2025-12-22 | 104.96 |
| 2025-12-19 | 103.57 |
| 2025-12-18 | 99.74 |
| 2025-12-17 | 100.41 |
| 2025-12-16 | 99.65 |
| 2025-12-15 | 99.22 |
| 2025-12-12 | 100.53 |
| 2025-12-11 | 100.92 |
| 2025-12-10 | 101.27 |
| 2025-12-09 | 98.53 |
| 2025-12-08 | 100.12 |
| 2025-12-05 | 101.24 |
| 2025-12-04 | 100.44 |
| 2025-12-03 | 100.29 |
| 2025-12-02 | 96.40 |
| 2025-12-01 | 101.11 |
| 2025-11-28 | 102.79 |
| 2025-11-26 | 102.44 |
| 2025-11-25 | 102.02 |
| 2025-11-24 | 102.59 |
| 2025-11-21 | 101.39 |
| 2025-11-20 | 97.23 |
| 2025-11-19 | 99.58 |
| 2025-11-18 | 100.06 |
| 2025-11-17 | 98.76 |
| 2025-11-14 | 94.78 |
| 2025-11-13 | 93.22 |
| 2025-11-12 | 95.57 |
| 2025-11-11 | 94.72 |
| 2025-11-10 | 93.49 |
| 2025-11-07 | 93.73 |
| 2025-11-06 | 94.59 |
| 2025-11-05 | 92.06 |
| 2025-11-04 | 91.55 |
| 2025-11-03 | 91.85 |
| 2025-10-31 | 91.33 |
| 2025-10-30 | 90.09 |
| 2025-10-29 | 90.21 |
| 2025-10-28 | 90.33 |
| 2025-10-27 | 91.12 |
| 2025-10-24 | 87.65 |
| 2025-10-23 | 85.97 |
| 2025-10-22 | 87.77 |
| 2025-10-21 | 88.90 |
| 2025-10-20 | 89.04 |
| 2025-10-17 | 86.56 |
| 2025-10-16 | 84.57 |
| 2025-10-15 | 87.67 |
| 2025-10-14 | 83.57 |
| 2025-10-13 | 81.97 |
| 2025-10-10 | 82.35 |
| 2025-10-09 | 82.90 |
| 2025-10-08 | 80.32 |
| 2025-10-07 | 80.27 |
| 2025-10-06 | 81.15 |
| 2025-10-03 | 81.39 |
| 2025-10-02 | 81.15 |
| 2025-10-01 | 80.22 |
| 2025-09-30 | 82.17 |
| 2025-09-29 | 79.58 |
| 2025-09-26 | 79.00 |
| 2025-09-25 | 78.49 |
| 2025-09-24 | 80.36 |
| 2025-09-23 | 79.97 |
Showing the most recent 260 of 2,670 data points. The chart above shows the full history.