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 2.03 is 30% below its estimated 5-year average of 2.91, near the low end of its estimated 5-year range (1.24–5.16).
As of 2026-09-09T20:00:02.000Z. 27.37% above its estimated 12-month average of 1.59.
Quote observation: 2026-09-09T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 0a1af177dd96d49ca53a5309a4ed37ef62cd499f62d702ad29a1304b9f41d64c
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
2.03
PB RATIO AVG TTM
1.59
PB RATIO AVG 3Y
2.09
PB RATIO AVG 5Y
2.91
PB RATIO AVG 10Y
3.74
PB RATIO AVG 15Y
3.38
PB RATIO AVG 20Y
3.19
CURRENT VS TTM AVG
+27.37%
CURRENT VS 3Y AVG
-2.68%
CURRENT VS 5Y AVG
-30.16%
CURRENT VS 10Y AVG
-45.75%
CURRENT VS 15Y AVG
-39.94%
CURRENT VS 20Y AVG
-36.35%
SECTOR MEDIAN · HEALTHCARE
4.10
median of 83 covered companies
CURRENT VS SECTOR MEDIAN
-50.49%
vs the sector median at left
Market Cap
$13.41B
PB Ratio
4.72
TTM Avg
3.04
3Y Avg
2.89
5Y Avg
3.77
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Baxter International Inc. (BAX) | $12.61B | 2.03 | 1.59 | 2.09 | 2.91 |
| Penumbra, Inc. (PEN)vs › | $12.59B | 8.22 | 8.70 | 8.21 | 8.88 |
| The Cooper Companies, Inc. (COO)vs › | $12.38B | N/A | 1.73 | 2.09 | 2.27 |
| Encompass Health Corporation (EHC)vs › | $12.05B | 4.64 | 4.63 | 4.87 | 4.35 |
| Charles River Laboratories International, Inc. (CRL)vs › | $13.41B | 4.72 | 3.04 | 2.89 | 3.77 |
| DaVita Inc. (DVA)vs › | $11.75B | N/A | 42.91 | 21.69 | 16.80 |
| Revvity, Inc. (RVTY)vs › | $13.82B | 1.91 | 1.57 | 1.64 | 2.00 |
| Bio-Techne Corporation (TECH)vs › | $11.31B | 5.37 | 4.72 | 5.10 | 6.57 |
| Align Technology, Inc. (ALGN)vs › | $10.95B | 2.59 | 2.90 | 4.03 | 5.70 |
| Tempus AI, Inc. (TEM)vs › | $10.74B | 24.13 | 26.01 | 64.24 | 64.24 |
At 2.03, P/B is below its estimated 20-year median — higher than 6% 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
1.24
median
2.85
estimated 20-year high
6.20
P/B Ratio
2.03
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 | 2.04 |
| 2026-09-08 | 2.08 |
| 2026-09-04 | 2.16 |
| 2026-09-03 | 2.13 |
| 2026-09-02 | 2.15 |
| 2026-09-01 | 2.13 |
| 2026-08-31 | 2.17 |
| 2026-08-28 | 2.18 |
| 2026-08-27 | 2.16 |
| 2026-08-26 | 2.21 |
| 2026-08-25 | 2.19 |
| 2026-08-24 | 2.21 |
| 2026-08-21 | 2.20 |
| 2026-08-20 | 2.20 |
| 2026-08-19 | 2.22 |
| 2026-08-18 | 2.17 |
| 2026-08-17 | 2.16 |
| 2026-08-14 | 2.23 |
| 2026-08-13 | 2.26 |
| 2026-08-12 | 2.25 |
| 2026-08-11 | 2.30 |
| 2026-08-10 | 2.32 |
| 2026-08-07 | 2.30 |
| 2026-08-06 | 2.25 |
| 2026-08-05 | 2.28 |
| 2026-08-04 | 2.37 |
| 2026-08-03 | 2.35 |
| 2026-07-31 | 2.18 |
| 2026-07-30 | 2.28 |
| 2026-07-29 | 2.11 |
| 2026-07-28 | 2.08 |
| 2026-07-27 | 1.99 |
| 2026-07-24 | 1.91 |
| 2026-07-23 | 1.85 |
| 2026-07-22 | 1.85 |
| 2026-07-21 | 1.89 |
| 2026-07-20 | 1.88 |
| 2026-07-17 | 1.93 |
| 2026-07-16 | 1.99 |
| 2026-07-15 | 1.89 |
| 2026-07-14 | 1.86 |
| 2026-07-13 | 1.92 |
| 2026-07-10 | 1.93 |
| 2026-07-09 | 1.91 |
| 2026-07-08 | 1.87 |
| 2026-07-07 | 1.95 |
| 2026-07-06 | 1.92 |
| 2026-07-02 | 1.93 |
| 2026-07-01 | 1.85 |
| 2026-06-30 | 1.82 |
| 2026-06-29 | 1.88 |
| 2026-06-26 | 1.88 |
| 2026-06-25 | 1.84 |
| 2026-06-24 | 1.79 |
| 2026-06-23 | 1.71 |
| 2026-06-22 | 1.68 |
| 2026-06-18 | 1.70 |
| 2026-06-17 | 1.65 |
| 2026-06-16 | 1.74 |
| 2026-06-15 | 1.77 |
| 2026-06-12 | 1.78 |
| 2026-06-11 | 1.75 |
| 2026-06-10 | 1.73 |
| 2026-06-09 | 1.71 |
| 2026-06-08 | 1.64 |
| 2026-06-05 | 1.65 |
| 2026-06-04 | 1.65 |
| 2026-06-03 | 1.58 |
| 2026-06-02 | 1.59 |
| 2026-06-01 | 1.57 |
| 2026-05-29 | 1.60 |
| 2026-05-28 | 1.64 |
| 2026-05-27 | 1.65 |
| 2026-05-26 | 1.65 |
| 2026-05-22 | 1.63 |
| 2026-05-21 | 1.62 |
| 2026-05-20 | 1.60 |
| 2026-05-19 | 1.56 |
| 2026-05-18 | 1.52 |
| 2026-05-15 | 1.47 |
| 2026-05-14 | 1.52 |
| 2026-05-13 | 1.48 |
| 2026-05-12 | 1.52 |
| 2026-05-11 | 1.49 |
| 2026-05-08 | 1.53 |
| 2026-05-07 | 1.49 |
| 2026-05-06 | 1.45 |
| 2026-05-05 | 1.43 |
| 2026-05-04 | 1.42 |
| 2026-05-01 | 1.47 |
| 2026-04-30 | 1.47 |
| 2026-04-29 | 1.42 |
| 2026-04-28 | 1.50 |
| 2026-04-27 | 1.55 |
| 2026-04-24 | 1.52 |
| 2026-04-23 | 1.54 |
| 2026-04-22 | 1.54 |
| 2026-04-21 | 1.55 |
| 2026-04-20 | 1.58 |
| 2026-04-17 | 1.57 |
| 2026-04-16 | 1.52 |
| 2026-04-15 | 1.48 |
| 2026-04-14 | 1.48 |
| 2026-04-13 | 1.48 |
| 2026-04-10 | 1.44 |
| 2026-04-09 | 1.45 |
| 2026-04-08 | 1.45 |
| 2026-04-07 | 1.39 |
| 2026-04-06 | 1.40 |
| 2026-04-02 | 1.40 |
| 2026-04-01 | 1.41 |
| 2026-03-31 | 1.41 |
| 2026-03-30 | 1.33 |
| 2026-03-27 | 1.34 |
| 2026-03-26 | 1.40 |
| 2026-03-25 | 1.44 |
| 2026-03-24 | 1.40 |
| 2026-03-23 | 1.39 |
| 2026-03-20 | 1.35 |
| 2026-03-19 | 1.40 |
| 2026-03-18 | 1.43 |
| 2026-03-17 | 1.48 |
| 2026-03-16 | 1.43 |
| 2026-03-13 | 1.46 |
| 2026-03-12 | 1.51 |
| 2026-03-11 | 1.51 |
| 2026-03-10 | 1.46 |
| 2026-03-09 | 1.50 |
| 2026-03-06 | 1.48 |
| 2026-03-05 | 1.56 |
| 2026-03-04 | 1.60 |
| 2026-03-03 | 1.60 |
| 2026-03-02 | 1.65 |
| 2026-02-27 | 1.71 |
| 2026-02-26 | 1.71 |
| 2026-02-25 | 1.74 |
| 2026-02-24 | 1.73 |
| 2026-02-23 | 1.78 |
| 2026-02-20 | 1.81 |
| 2026-02-19 | 1.79 |
| 2026-02-18 | 1.83 |
| 2026-02-17 | 1.74 |
| 2026-02-13 | 1.66 |
| 2026-02-12 | 1.33 |
| 2026-02-11 | 1.58 |
| 2026-02-10 | 1.56 |
| 2026-02-09 | 1.54 |
| 2026-02-06 | 1.54 |
| 2026-02-05 | 1.55 |
| 2026-02-04 | 1.49 |
| 2026-02-03 | 1.41 |
| 2026-02-02 | 1.41 |
| 2026-01-30 | 1.42 |
| 2026-01-29 | 1.40 |
| 2026-01-28 | 1.39 |
| 2026-01-27 | 1.39 |
| 2026-01-26 | 1.39 |
| 2026-01-23 | 1.41 |
| 2026-01-22 | 1.42 |
| 2026-01-21 | 1.40 |
| 2026-01-20 | 1.38 |
| 2026-01-16 | 1.43 |
| 2026-01-15 | 1.45 |
| 2026-01-14 | 1.41 |
| 2026-01-13 | 1.39 |
| 2026-01-12 | 1.43 |
| 2026-01-09 | 1.50 |
| 2026-01-08 | 1.47 |
| 2026-01-07 | 1.45 |
| 2026-01-06 | 1.46 |
| 2026-01-05 | 1.41 |
| 2026-01-02 | 1.38 |
| 2025-12-31 | 1.36 |
| 2025-12-30 | 1.37 |
| 2025-12-29 | 1.37 |
| 2025-12-26 | 1.38 |
| 2025-12-24 | 1.36 |
| 2025-12-23 | 1.34 |
| 2025-12-22 | 1.35 |
| 2025-12-19 | 1.35 |
| 2025-12-18 | 1.35 |
| 2025-12-17 | 1.37 |
| 2025-12-16 | 1.35 |
| 2025-12-15 | 1.39 |
| 2025-12-12 | 1.36 |
| 2025-12-11 | 1.34 |
| 2025-12-10 | 1.30 |
| 2025-12-09 | 1.29 |
| 2025-12-08 | 1.29 |
| 2025-12-05 | 1.32 |
| 2025-12-04 | 1.31 |
| 2025-12-03 | 1.34 |
| 2025-12-02 | 1.34 |
| 2025-12-01 | 1.35 |
| 2025-11-28 | 1.33 |
| 2025-11-26 | 1.34 |
| 2025-11-25 | 1.32 |
| 2025-11-24 | 1.29 |
| 2025-11-21 | 1.30 |
| 2025-11-20 | 1.24 |
| 2025-11-19 | 1.26 |
| 2025-11-18 | 1.29 |
| 2025-11-17 | 1.26 |
| 2025-11-14 | 1.31 |
| 2025-11-13 | 1.33 |
| 2025-11-12 | 1.33 |
| 2025-11-11 | 1.30 |
| 2025-11-10 | 1.26 |
| 2025-11-07 | 1.28 |
| 2025-11-06 | 1.28 |
| 2025-11-05 | 1.27 |
| 2025-11-04 | 1.26 |
| 2025-11-03 | 1.28 |
| 2025-10-31 | 1.30 |
| 2025-10-30 | 1.35 |
| 2025-10-29 | 1.57 |
| 2025-10-28 | 1.61 |
| 2025-10-27 | 1.63 |
| 2025-10-24 | 1.62 |
| 2025-10-23 | 1.61 |
| 2025-10-22 | 1.61 |
| 2025-10-21 | 1.60 |
| 2025-10-20 | 1.62 |
| 2025-10-17 | 1.62 |
| 2025-10-16 | 1.61 |
| 2025-10-15 | 1.60 |
| 2025-10-14 | 1.60 |
| 2025-10-13 | 1.55 |
| 2025-10-10 | 1.54 |
| 2025-10-09 | 1.58 |
| 2025-10-08 | 1.60 |
| 2025-10-07 | 1.61 |
| 2025-10-06 | 1.63 |
| 2025-10-03 | 1.68 |
| 2025-10-02 | 1.63 |
| 2025-10-01 | 1.64 |
| 2025-09-30 | 1.60 |
| 2025-09-29 | 1.57 |
| 2025-09-26 | 1.54 |
| 2025-09-25 | 1.52 |
| 2025-09-24 | 1.58 |
| 2025-09-23 | 1.61 |
| 2025-09-22 | 1.60 |
| 2025-09-19 | 1.62 |
| 2025-09-18 | 1.66 |
| 2025-09-17 | 1.63 |
| 2025-09-16 | 1.68 |
| 2025-09-15 | 1.67 |
| 2025-09-12 | 1.68 |
| 2025-09-11 | 1.72 |
| 2025-09-10 | 1.68 |
| 2025-09-09 | 1.72 |
| 2025-09-08 | 1.69 |
| 2025-09-05 | 1.71 |
| 2025-09-04 | 1.66 |
| 2025-09-03 | 1.65 |
| 2025-09-02 | 1.70 |
| 2025-08-29 | 1.73 |
| 2025-08-28 | 1.71 |
| 2025-08-27 | 1.72 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.