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 2.35 is 20% below its estimated 5-year average of 2.93, near the low end of its estimated 5-year range (1.24–11.23).
As of 2026-10-02T19:40:13.826Z. 11.03% below its estimated 12-month average of 2.64.
Calculation as of: 2026-10-02T19:40:13.826Z.
Quote observation: 2026-10-02T19:40:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 6690442df907739cb512a4e89a03dffaa5e4917a6ca2ab3506a10d5d4da185b9
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 2026-10-01.
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
2.35
PB RATIO AVG TTM
2.64
PB RATIO AVG 3Y
2.44
PB RATIO AVG 5Y
2.93
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-11.03%
CURRENT VS 3Y AVG
-3.80%
CURRENT VS 5Y AVG
-19.70%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.81
median of 92 covered companies
CURRENT VS SECTOR MEDIAN
-38.24%
vs the sector median at left
Market Cap
$2.14B
PB Ratio
2.34
TTM Avg
1.86
3Y Avg
2.96
5Y Avg
3.23
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Beam Therapeutics Inc. (BEAM) | $2.51B | 2.35 | 2.64 | 2.44 | 2.93 |
| TransMedics Group, Inc. (TMDX)vs › | $2.74B | 5.29 | 10.35 | 16.27 | 14.96 |
| Recursion Pharmaceuticals, Inc. (RXRX)vs › | $2.14B | 2.34 | 1.86 | 2.96 | 3.23 |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $1.73B | 1.28 | 1.63 | 1.69 | 1.82 |
| Intellia Therapeutics, Inc. (NTLA)vs › | $1.72B | 2.36 | 2.19 | 1.95 | 3.18 |
| Teladoc Health, Inc. (TDOC)vs › | $1.00B | 0.76 | 0.89 | 1.00 | 1.03 |
| NeoGenomics, Inc. (NEO)vs › | $472.39M | 0.60 | 0.37 | 0.36 | 0.38 |
| NRC Health (NRC)vs › | $459.30M | 70.13 | 33.99 | 20.78 | 17.90 |
| Shoulder Innovations, Inc. (SI)vs › | $397.55M | 3.20 | 2.80 | 3.45 | 3.45 |
| PDS Biotechnology Corporation (PDSB)vs › | $41.03M | N/A | 5.95 | 4.54 | 4.16 |
At 2.35, P/B is below its estimated 7-year median — higher than 20% of readings in its estimated 7-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 7-year low
1.24
median
3.02
estimated 7-year high
30.23
P/B Ratio
2.35
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 |
|---|---|
| 2026-10-01 | 2.38 |
| 2026-09-30 | 2.39 |
| 2026-09-29 | 2.40 |
| 2026-09-28 | 2.37 |
| 2026-09-25 | 2.37 |
| 2026-09-24 | 2.41 |
| 2026-09-23 | 2.38 |
| 2026-09-22 | 2.53 |
| 2026-09-21 | 2.47 |
| 2026-09-18 | 2.44 |
| 2026-09-17 | 2.41 |
| 2026-09-16 | 2.26 |
| 2026-09-15 | 2.27 |
| 2026-09-14 | 2.36 |
| 2026-09-11 | 2.34 |
| 2026-09-10 | 2.38 |
| 2026-09-09 | 2.46 |
| 2026-09-08 | 2.62 |
| 2026-09-04 | 2.90 |
| 2026-09-03 | 2.88 |
| 2026-09-02 | 2.86 |
| 2026-09-01 | 2.84 |
| 2026-08-31 | 2.88 |
| 2026-08-28 | 2.87 |
| 2026-08-27 | 2.98 |
| 2026-08-26 | 2.95 |
| 2026-08-25 | 3.03 |
| 2026-08-24 | 2.77 |
| 2026-08-21 | 2.91 |
| 2026-08-20 | 2.77 |
| 2026-08-19 | 2.84 |
| 2026-08-18 | 2.60 |
| 2026-08-17 | 2.65 |
| 2026-08-14 | 2.61 |
| 2026-08-13 | 2.59 |
| 2026-08-12 | 2.61 |
| 2026-08-11 | 2.62 |
| 2026-08-10 | 2.67 |
| 2026-08-07 | 2.69 |
| 2026-08-06 | 2.66 |
| 2026-08-05 | 2.65 |
| 2026-08-04 | 2.51 |
| 2026-08-03 | 2.30 |
| 2026-07-31 | 2.26 |
| 2026-07-30 | 2.35 |
| 2026-07-29 | 2.31 |
| 2026-07-28 | 2.33 |
| 2026-07-27 | 2.22 |
| 2026-07-24 | 2.23 |
| 2026-07-23 | 2.30 |
| 2026-07-22 | 2.36 |
| 2026-07-21 | 2.42 |
| 2026-07-20 | 2.33 |
| 2026-07-17 | 2.44 |
| 2026-07-16 | 2.52 |
| 2026-07-15 | 2.73 |
| 2026-07-14 | 2.74 |
| 2026-07-13 | 2.75 |
| 2026-07-10 | 2.90 |
| 2026-07-09 | 3.18 |
| 2026-07-08 | 3.27 |
| 2026-07-07 | 3.36 |
| 2026-07-06 | 3.13 |
| 2026-07-02 | 3.09 |
| 2026-07-01 | 2.97 |
| 2026-06-30 | 3.04 |
| 2026-06-29 | 3.10 |
| 2026-06-26 | 3.09 |
| 2026-06-25 | 3.01 |
| 2026-06-24 | 3.01 |
| 2026-06-23 | 2.94 |
| 2026-06-22 | 3.15 |
| 2026-06-18 | 3.03 |
| 2026-06-17 | 2.88 |
| 2026-06-16 | 2.75 |
| 2026-06-15 | 2.76 |
| 2026-06-12 | 2.57 |
| 2026-06-11 | 2.61 |
| 2026-06-10 | 2.62 |
| 2026-06-09 | 2.70 |
| 2026-06-08 | 2.64 |
| 2026-06-05 | 2.61 |
| 2026-06-04 | 2.91 |
| 2026-06-03 | 2.62 |
| 2026-06-02 | 2.57 |
| 2026-06-01 | 2.76 |
| 2026-05-29 | 2.92 |
| 2026-05-28 | 2.91 |
| 2026-05-27 | 2.83 |
| 2026-05-26 | 2.64 |
| 2026-05-22 | 2.54 |
| 2026-05-21 | 2.45 |
| 2026-05-20 | 2.40 |
| 2026-05-19 | 2.33 |
| 2026-05-18 | 2.38 |
| 2026-05-15 | 2.48 |
| 2026-05-14 | 2.62 |
| 2026-05-13 | 2.82 |
| 2026-05-12 | 2.80 |
| 2026-05-11 | 2.82 |
| 2026-05-08 | 2.87 |
| 2026-05-07 | 2.67 |
| 2026-05-06 | 2.74 |
| 2026-05-05 | 2.45 |
| 2026-05-04 | 2.55 |
| 2026-05-01 | 2.60 |
| 2026-04-30 | 2.57 |
| 2026-04-29 | 2.49 |
| 2026-04-28 | 2.59 |
| 2026-04-27 | 2.47 |
| 2026-04-24 | 2.30 |
| 2026-04-23 | 2.56 |
| 2026-04-22 | 2.69 |
| 2026-04-21 | 2.60 |
| 2026-04-20 | 2.64 |
| 2026-04-17 | 2.66 |
| 2026-04-16 | 2.57 |
| 2026-04-15 | 2.60 |
| 2026-04-14 | 2.57 |
| 2026-04-13 | 2.56 |
| 2026-04-10 | 2.32 |
| 2026-04-09 | 2.23 |
| 2026-04-08 | 2.16 |
| 2026-04-07 | 2.08 |
| 2026-04-06 | 2.05 |
| 2026-04-02 | 2.09 |
| 2026-04-01 | 2.05 |
| 2026-03-31 | 2.02 |
| 2026-03-30 | 1.86 |
| 2026-03-27 | 1.88 |
| 2026-03-26 | 2.00 |
| 2026-03-25 | 1.96 |
| 2026-03-24 | 2.03 |
| 2026-03-23 | 2.13 |
| 2026-03-20 | 2.09 |
| 2026-03-19 | 2.13 |
| 2026-03-18 | 2.15 |
| 2026-03-17 | 2.19 |
| 2026-03-16 | 2.16 |
| 2026-03-13 | 2.13 |
| 2026-03-12 | 2.17 |
| 2026-03-11 | 2.21 |
| 2026-03-10 | 2.21 |
| 2026-03-09 | 2.34 |
| 2026-03-06 | 2.25 |
| 2026-03-05 | 2.16 |
| 2026-03-04 | 2.33 |
| 2026-03-03 | 2.31 |
| 2026-03-02 | 2.43 |
| 2026-02-27 | 2.41 |
| 2026-02-26 | 2.45 |
| 2026-02-25 | 2.51 |
| 2026-02-24 | 3.43 |
| 2026-02-23 | 3.01 |
| 2026-02-20 | 2.93 |
| 2026-02-19 | 2.96 |
| 2026-02-18 | 2.93 |
| 2026-02-17 | 2.92 |
| 2026-02-13 | 2.96 |
| 2026-02-12 | 2.86 |
| 2026-02-11 | 2.76 |
| 2026-02-10 | 2.86 |
| 2026-02-09 | 2.90 |
| 2026-02-06 | 2.82 |
| 2026-02-05 | 2.63 |
| 2026-02-04 | 2.86 |
| 2026-02-03 | 2.96 |
| 2026-02-02 | 2.96 |
| 2026-01-30 | 2.93 |
| 2026-01-29 | 3.11 |
| 2026-01-28 | 3.08 |
| 2026-01-27 | 3.26 |
| 2026-01-26 | 3.29 |
| 2026-01-23 | 3.35 |
| 2026-01-22 | 3.64 |
| 2026-01-21 | 3.30 |
| 2026-01-20 | 3.29 |
| 2026-01-16 | 3.31 |
| 2026-01-15 | 3.40 |
| 2026-01-14 | 3.76 |
| 2026-01-13 | 3.67 |
| 2026-01-12 | 3.58 |
| 2026-01-09 | 2.93 |
| 2026-01-08 | 2.97 |
| 2026-01-07 | 3.07 |
| 2026-01-06 | 3.01 |
| 2026-01-05 | 2.85 |
| 2026-01-02 | 2.88 |
| 2025-12-31 | 2.94 |
| 2025-12-30 | 2.95 |
| 2025-12-29 | 2.96 |
| 2025-12-26 | 2.97 |
| 2025-12-24 | 2.99 |
| 2025-12-23 | 2.95 |
| 2025-12-22 | 2.96 |
| 2025-12-19 | 2.82 |
| 2025-12-18 | 2.78 |
| 2025-12-17 | 2.72 |
| 2025-12-16 | 2.84 |
| 2025-12-15 | 2.85 |
| 2025-12-12 | 2.91 |
| 2025-12-11 | 2.92 |
| 2025-12-10 | 2.91 |
| 2025-12-09 | 2.81 |
| 2025-12-08 | 2.88 |
| 2025-12-05 | 2.88 |
| 2025-12-04 | 3.07 |
| 2025-12-03 | 2.84 |
| 2025-12-02 | 2.48 |
| 2025-12-01 | 2.55 |
| 2025-11-28 | 2.69 |
| 2025-11-26 | 2.66 |
| 2025-11-25 | 2.62 |
| 2025-11-24 | 2.51 |
| 2025-11-21 | 2.36 |
| 2025-11-20 | 2.19 |
| 2025-11-19 | 2.23 |
| 2025-11-18 | 2.33 |
| 2025-11-17 | 2.34 |
| 2025-11-14 | 2.31 |
| 2025-11-13 | 2.30 |
| 2025-11-12 | 2.32 |
| 2025-11-11 | 2.39 |
| 2025-11-10 | 2.30 |
| 2025-11-07 | 2.36 |
| 2025-11-06 | 2.46 |
| 2025-11-05 | 2.45 |
| 2025-11-04 | 2.22 |
| 2025-11-03 | 2.36 |
| 2025-10-31 | 2.44 |
| 2025-10-30 | 2.32 |
| 2025-10-29 | 2.41 |
| 2025-10-28 | 2.58 |
| 2025-10-27 | 2.60 |
| 2025-10-24 | 2.72 |
| 2025-10-23 | 2.75 |
| 2025-10-22 | 2.70 |
| 2025-10-21 | 2.91 |
| 2025-10-20 | 2.98 |
| 2025-10-17 | 2.53 |
| 2025-10-16 | 2.51 |
| 2025-10-15 | 2.65 |
| 2025-10-14 | 2.48 |
| 2025-10-13 | 2.47 |
| 2025-10-10 | 2.56 |
| 2025-10-09 | 2.72 |
| 2025-10-08 | 2.63 |
| 2025-10-07 | 2.45 |
| 2025-10-06 | 2.52 |
| 2025-10-03 | 2.51 |
| 2025-10-02 | 2.49 |
| 2025-10-01 | 2.35 |
| 2025-09-30 | 2.36 |
| 2025-09-29 | 2.33 |
| 2025-09-26 | 2.24 |
| 2025-09-25 | 2.25 |
| 2025-09-24 | 2.30 |
| 2025-09-23 | 2.31 |
| 2025-09-22 | 2.38 |
| 2025-09-19 | 2.37 |
Showing the most recent 260 of 1,672 data points. The chart above shows the full history.