Basis: Latest stored market observation. 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 1.23 is 12% below its 5-year average of 1.40, near the low end of its 5-year range (0.90–14.84).
As of Tuesday, September 8, 2026. 11.03% above its 12-month average of 1.11.
PB RATIO
1.23
PB RATIO AVG TTM
1.11
PB RATIO AVG 3Y
1.15
PB RATIO AVG 5Y
1.40
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
+6.81%
CURRENT VS 5Y AVG
-12.36%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
4.15
median of 85 covered companies
CURRENT VS SECTOR MEDIAN
-70.36%
vs the sector median at left
Market Cap
$23.84B
PB Ratio
8.05
TTM Avg
6.91
3Y Avg
7.84
5Y Avg
9.04
Market Cap
$25.90B
PB Ratio
3.51
TTM Avg
3.04
3Y Avg
2.72
5Y Avg
2.71
Market Cap
$26.18B
PB Ratio
2084.60
TTM Avg
2209.63
3Y Avg
2209.63
5Y Avg
1213.11
Market Cap
$21.45B
PB Ratio
3.56
TTM Avg
3.66
3Y Avg
2.82
5Y Avg
2.67
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BioNTech SE (BNTX) | $24.67B | 1.23 | 1.11 | 1.15 | 1.40 |
| West Pharmaceutical Services, Inc. (WST)vs › | $23.84B | 8.05 | 6.91 | 7.84 | 9.04 |
| Incyte Corporation (INCY)vs › | $25.71B | 4.08 | 4.08 | 3.66 | 3.87 |
| Quest Diagnostics Incorporated (DGX)vs › | $25.90B | 3.51 | 3.04 | 2.72 | 2.71 |
| Mettler-Toledo International Inc. (MTD)vs › | $26.18B | 2084.60 | 2209.63 | 2209.63 | 1213.11 |
| Labcorp Holdings Inc. (LH)vs › | $26.36B | 3.10 | 2.65 | 2.47 | 2.26 |
| United Therapeutics Corporation (UTHR)vs › | $21.45B | 3.56 | 3.66 | 2.82 | 2.67 |
| STERIS plc (STE)vs › | $21.03B | 2.97 | 3.28 | 3.40 | 3.37 |
| Medline Inc. (MDLN)vs › | $28.80B | 2.58 | 3.05 | 3.05 | 3.05 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $29.54B | 2.76 | 3.26 | 4.15 | 4.15 |
At 1.23, P/B is near its 7-year median — higher than 37% of readings in its 7-year history.
7-year low
0.90
median
1.48
7-year high
38.22
P/B Ratio
1.23
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 |
|---|---|
| 2026-09-08 | 1.23 |
| 2026-09-04 | 1.30 |
| 2026-09-03 | 1.29 |
| 2026-09-02 | 1.30 |
| 2026-09-01 | 1.27 |
| 2026-08-31 | 1.27 |
| 2026-08-28 | 1.28 |
| 2026-08-27 | 1.39 |
| 2026-08-26 | 1.41 |
| 2026-08-25 | 1.43 |
| 2026-08-24 | 1.41 |
| 2026-08-21 | 1.46 |
| 2026-08-20 | 1.39 |
| 2026-08-19 | 1.41 |
| 2026-08-18 | 1.16 |
| 2026-08-17 | 1.14 |
| 2026-08-14 | 1.16 |
| 2026-08-13 | 1.15 |
| 2026-08-12 | 1.16 |
| 2026-08-11 | 1.16 |
| 2026-08-10 | 1.16 |
| 2026-08-07 | 1.17 |
| 2026-08-06 | 1.14 |
| 2026-08-05 | 1.15 |
| 2026-08-04 | 1.14 |
| 2026-08-03 | 1.08 |
| 2026-07-31 | 1.06 |
| 2026-07-30 | 1.09 |
| 2026-07-29 | 1.09 |
| 2026-07-28 | 1.08 |
| 2026-07-27 | 1.07 |
| 2026-07-24 | 1.04 |
| 2026-07-23 | 1.08 |
| 2026-07-22 | 1.07 |
| 2026-07-21 | 1.08 |
| 2026-07-20 | 1.08 |
| 2026-07-17 | 1.07 |
| 2026-07-16 | 1.07 |
| 2026-07-15 | 1.08 |
| 2026-07-14 | 1.06 |
| 2026-07-13 | 1.05 |
| 2026-07-10 | 1.07 |
| 2026-07-09 | 1.09 |
| 2026-07-08 | 1.09 |
| 2026-07-07 | 1.10 |
| 2026-07-06 | 1.10 |
| 2026-07-02 | 1.14 |
| 2026-07-01 | 1.10 |
| 2026-06-30 | 1.09 |
| 2026-06-29 | 1.10 |
| 2026-06-26 | 1.07 |
| 2026-06-25 | 1.05 |
| 2026-06-24 | 1.05 |
| 2026-06-23 | 1.06 |
| 2026-06-22 | 1.05 |
| 2026-06-18 | 1.06 |
| 2026-06-17 | 1.08 |
| 2026-06-16 | 1.05 |
| 2026-06-15 | 1.06 |
| 2026-06-12 | 1.06 |
| 2026-06-11 | 1.05 |
| 2026-06-10 | 1.01 |
| 2026-06-09 | 1.01 |
| 2026-06-08 | 1.00 |
| 2026-06-05 | 1.03 |
| 2026-06-04 | 1.05 |
| 2026-06-03 | 1.03 |
| 2026-06-02 | 1.04 |
| 2026-06-01 | 1.07 |
| 2026-05-29 | 1.12 |
| 2026-05-28 | 1.09 |
| 2026-05-27 | 1.09 |
| 2026-05-26 | 1.08 |
| 2026-05-22 | 1.08 |
| 2026-05-21 | 1.06 |
| 2026-05-20 | 1.06 |
| 2026-05-19 | 1.03 |
| 2026-05-18 | 1.04 |
| 2026-05-15 | 1.05 |
| 2026-05-14 | 1.08 |
| 2026-05-13 | 1.08 |
| 2026-05-12 | 1.10 |
| 2026-05-11 | 1.09 |
| 2026-05-08 | 1.10 |
| 2026-05-07 | 1.09 |
| 2026-05-06 | 1.11 |
| 2026-05-05 | 1.12 |
| 2026-05-04 | 1.08 |
| 2026-05-01 | 1.06 |
| 2026-04-30 | 1.12 |
| 2026-04-29 | 1.10 |
| 2026-04-28 | 1.11 |
| 2026-04-27 | 1.11 |
| 2026-04-24 | 1.15 |
| 2026-04-23 | 1.15 |
| 2026-04-22 | 1.18 |
| 2026-04-21 | 1.21 |
| 2026-04-20 | 1.14 |
| 2026-04-17 | 1.12 |
| 2026-04-16 | 1.11 |
| 2026-04-15 | 1.08 |
| 2026-04-14 | 1.07 |
| 2026-04-13 | 1.05 |
| 2026-04-10 | 1.04 |
| 2026-04-09 | 1.00 |
| 2026-04-08 | 1.00 |
| 2026-04-07 | 0.97 |
| 2026-04-06 | 0.99 |
| 2026-04-02 | 0.99 |
| 2026-04-01 | 0.97 |
| 2026-03-31 | 0.97 |
| 2026-03-30 | 0.93 |
| 2026-03-27 | 0.93 |
| 2026-03-26 | 0.95 |
| 2026-03-25 | 0.96 |
| 2026-03-24 | 0.94 |
| 2026-03-23 | 0.96 |
| 2026-03-20 | 0.97 |
| 2026-03-19 | 0.97 |
| 2026-03-18 | 0.98 |
| 2026-03-17 | 1.03 |
| 2026-03-16 | 0.98 |
| 2026-03-13 | 0.99 |
| 2026-03-12 | 0.98 |
| 2026-03-11 | 0.99 |
| 2026-03-10 | 0.91 |
| 2026-03-09 | 1.13 |
| 2026-03-06 | 1.12 |
| 2026-03-05 | 1.12 |
| 2026-03-04 | 1.15 |
| 2026-03-03 | 1.11 |
| 2026-03-02 | 1.19 |
| 2026-02-27 | 1.22 |
| 2026-02-26 | 1.20 |
| 2026-02-25 | 1.21 |
| 2026-02-24 | 1.22 |
| 2026-02-23 | 1.21 |
| 2026-02-20 | 1.22 |
| 2026-02-19 | 1.22 |
| 2026-02-18 | 1.19 |
| 2026-02-17 | 1.18 |
| 2026-02-13 | 1.17 |
| 2026-02-12 | 1.17 |
| 2026-02-11 | 1.21 |
| 2026-02-10 | 1.20 |
| 2026-02-09 | 1.22 |
| 2026-02-06 | 1.18 |
| 2026-02-05 | 1.16 |
| 2026-02-04 | 1.20 |
| 2026-02-03 | 1.19 |
| 2026-02-02 | 1.20 |
| 2026-01-30 | 1.25 |
| 2026-01-29 | 1.29 |
| 2026-01-28 | 1.28 |
| 2026-01-27 | 1.32 |
| 2026-01-26 | 1.30 |
| 2026-01-23 | 1.28 |
| 2026-01-22 | 1.31 |
| 2026-01-21 | 1.30 |
| 2026-01-20 | 1.16 |
| 2026-01-16 | 1.20 |
| 2026-01-15 | 1.17 |
| 2026-01-14 | 1.20 |
| 2026-01-13 | 1.18 |
| 2026-01-12 | 1.13 |
| 2026-01-09 | 1.10 |
| 2026-01-08 | 1.09 |
| 2026-01-07 | 1.10 |
| 2026-01-06 | 1.08 |
| 2026-01-05 | 1.07 |
| 2026-01-02 | 1.07 |
| 2025-12-31 | 1.05 |
| 2025-12-30 | 1.05 |
| 2025-12-29 | 1.05 |
| 2025-12-26 | 1.04 |
| 2025-12-24 | 1.05 |
| 2025-12-23 | 1.04 |
| 2025-12-22 | 1.02 |
| 2025-12-19 | 1.02 |
| 2025-12-18 | 1.01 |
| 2025-12-17 | 1.01 |
| 2025-12-16 | 1.02 |
| 2025-12-15 | 1.03 |
| 2025-12-12 | 1.05 |
| 2025-12-11 | 1.06 |
| 2025-12-10 | 1.06 |
| 2025-12-09 | 1.06 |
| 2025-12-08 | 1.07 |
| 2025-12-05 | 1.06 |
| 2025-12-04 | 1.06 |
| 2025-12-03 | 1.07 |
| 2025-12-02 | 1.06 |
| 2025-12-01 | 1.07 |
| 2025-11-28 | 1.14 |
| 2025-11-26 | 1.13 |
| 2025-11-25 | 1.10 |
| 2025-11-24 | 1.06 |
| 2025-11-21 | 1.05 |
| 2025-11-20 | 1.07 |
| 2025-11-19 | 1.12 |
| 2025-11-18 | 1.13 |
| 2025-11-17 | 1.13 |
| 2025-11-14 | 1.14 |
| 2025-11-13 | 1.15 |
| 2025-11-12 | 1.23 |
| 2025-11-11 | 1.20 |
| 2025-11-10 | 1.16 |
| 2025-11-07 | 1.14 |
| 2025-11-06 | 1.14 |
| 2025-11-05 | 1.14 |
| 2025-11-04 | 1.16 |
| 2025-11-03 | 1.15 |
| 2025-10-31 | 1.15 |
| 2025-10-30 | 1.16 |
| 2025-10-29 | 1.14 |
| 2025-10-28 | 1.16 |
| 2025-10-27 | 1.17 |
| 2025-10-24 | 1.17 |
| 2025-10-23 | 1.16 |
| 2025-10-22 | 1.18 |
| 2025-10-21 | 1.18 |
| 2025-10-20 | 1.20 |
| 2025-10-17 | 1.16 |
| 2025-10-16 | 1.16 |
| 2025-10-15 | 1.16 |
| 2025-10-14 | 1.14 |
| 2025-10-13 | 1.13 |
| 2025-10-10 | 1.13 |
| 2025-10-09 | 1.16 |
| 2025-10-08 | 1.18 |
| 2025-10-07 | 1.17 |
| 2025-10-06 | 1.16 |
| 2025-10-03 | 1.17 |
| 2025-10-02 | 1.16 |
| 2025-10-01 | 1.13 |
| 2025-09-30 | 1.09 |
| 2025-09-29 | 1.09 |
| 2025-09-26 | 1.09 |
| 2025-09-25 | 1.09 |
| 2025-09-24 | 1.11 |
| 2025-09-23 | 1.09 |
| 2025-09-22 | 1.09 |
| 2025-09-19 | 1.07 |
| 2025-09-18 | 1.07 |
| 2025-09-17 | 1.09 |
| 2025-09-16 | 1.10 |
| 2025-09-15 | 1.08 |
| 2025-09-12 | 1.07 |
| 2025-09-11 | 1.16 |
| 2025-09-10 | 1.12 |
| 2025-09-09 | 1.13 |
| 2025-09-08 | 1.14 |
| 2025-09-05 | 1.25 |
| 2025-09-04 | 1.15 |
| 2025-09-03 | 1.11 |
| 2025-09-02 | 1.11 |
| 2025-08-29 | 1.11 |
| 2025-08-28 | 1.13 |
| 2025-08-27 | 1.14 |
| 2025-08-26 | 1.16 |
Showing the most recent 260 of 1,736 data points. The chart above shows the full history.