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 3.19 is 76% above its estimated 5-year average of 1.81, around the middle of its estimated 5-year range (0.29–5.98).
As of 2026-10-06T18:01:32.980Z. 47.88% above its estimated 12-month average of 2.16.
Calculation as of: 2026-10-06T18:01:32.980Z.
Quote observation: 2026-10-06T18:00:21.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: efaaa36d31f915a5dffaa91b800fc30e2d7f64892a7236e7a1e7b68ff3f7d584
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
3.19
PB RATIO AVG TTM
2.16
PB RATIO AVG 3Y
2.16
PB RATIO AVG 5Y
1.81
PB RATIO AVG 10Y
1.95
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+47.88%
CURRENT VS 3Y AVG
+47.54%
CURRENT VS 5Y AVG
+76.47%
CURRENT VS 10Y AVG
+63.82%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.39
median of 751 covered companies
CURRENT VS SECTOR MEDIAN
+33.47%
vs the sector median at left
Market Cap
$501.09M
PB Ratio
2.24
TTM Avg
2.71
3Y Avg
2.01
5Y Avg
2.21
Market Cap
$533.14M
PB Ratio
N/A
TTM Avg
31.55
3Y Avg
10.90
5Y Avg
9.66
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Crescent Biopharma, Inc. (CBIO) | $507.94M | 3.19 | 2.16 | 2.16 | 1.81 |
| Allogene Therapeutics, Inc. (ALLO)vs › | $507.38M | 1.16 | 1.41 | 1.08 | 1.30 |
| 908 Devices Inc. (MASS)vs › | $509.97M | 4.02 | 2.08 | 1.48 | 1.95 |
| Tactile Systems Technology, Inc. (TCMD)vs › | $501.09M | 2.24 | 2.71 | 2.01 | 2.21 |
| Altimmune, Inc. (ALT)vs › | $516.33M | 1.09 | 1.67 | 2.47 | 2.29 |
| Oculis Holding AG (OCS)vs › | $495.97M | 1.83 | 5.48 | 5.32 | 5.25 |
| Immix Biopharma, Inc. (IMMX)vs › | $520.57M | 2.27 | 13.66 | 7.56 | 5.62 |
| Evolus, Inc. (EOLS)vs › | $486.50M | N/A | 89.83 | 53.93 | 32.24 |
| Phathom Pharmaceuticals, Inc. (PHAT)vs › | $533.14M | N/A | 31.55 | 10.90 | 9.66 |
| Aclaris Therapeutics, Inc. (ACRS)vs › | $530.02M | 4.25 | 4.21 | 2.08 | 2.88 |
At 3.19, P/B is above its estimated 13-year median — higher than 79% of readings in its estimated 13-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 13-year low
0.29
median
2.26
estimated 13-year high
53.68
P/B Ratio
3.19
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 | 2.67 |
| 2026-10-02 | 2.75 |
| 2026-10-01 | 2.73 |
| 2026-09-30 | 2.80 |
| 2026-09-29 | 2.83 |
| 2026-09-28 | 2.79 |
| 2026-09-25 | 2.68 |
| 2026-09-24 | 2.73 |
| 2026-09-23 | 2.72 |
| 2026-09-22 | 3.15 |
| 2026-09-21 | 3.12 |
| 2026-09-18 | 3.24 |
| 2026-09-17 | 3.22 |
| 2026-09-16 | 3.29 |
| 2026-09-15 | 3.60 |
| 2026-09-14 | 3.77 |
| 2026-09-11 | 3.72 |
| 2026-09-10 | 3.73 |
| 2026-09-09 | 3.83 |
| 2026-09-08 | 3.92 |
| 2026-09-04 | 4.00 |
| 2026-09-03 | 3.91 |
| 2026-09-02 | 3.55 |
| 2026-09-01 | 3.44 |
| 2026-08-31 | 3.18 |
| 2026-08-28 | 3.40 |
| 2026-08-27 | 3.40 |
| 2026-08-26 | 3.45 |
| 2026-08-25 | 3.26 |
| 2026-08-24 | 3.25 |
| 2026-08-21 | 3.29 |
| 2026-08-20 | 3.11 |
| 2026-08-19 | 3.32 |
| 2026-08-18 | 3.20 |
| 2026-08-17 | 3.35 |
| 2026-08-14 | 3.29 |
| 2026-08-13 | 3.19 |
| 2026-08-12 | 3.15 |
| 2026-08-11 | 3.20 |
| 2026-08-10 | 3.32 |
| 2026-08-07 | 3.23 |
| 2026-08-06 | 3.15 |
| 2026-08-05 | 3.02 |
| 2026-08-04 | 3.14 |
| 2026-08-03 | 2.85 |
| 2026-07-31 | 2.77 |
| 2026-07-30 | 2.54 |
| 2026-07-29 | 2.50 |
| 2026-07-28 | 2.78 |
| 2026-07-27 | 2.86 |
| 2026-07-24 | 2.76 |
| 2026-07-23 | 2.88 |
| 2026-07-22 | 2.68 |
| 2026-07-21 | 2.81 |
| 2026-07-20 | 2.54 |
| 2026-07-17 | 2.49 |
| 2026-07-16 | 2.55 |
| 2026-07-15 | 2.65 |
| 2026-07-14 | 2.59 |
| 2026-07-13 | 2.65 |
| 2026-07-10 | 2.93 |
| 2026-07-09 | 2.83 |
| 2026-07-08 | 2.84 |
| 2026-07-07 | 2.88 |
| 2026-07-06 | 2.87 |
| 2026-07-02 | 2.89 |
| 2026-07-01 | 2.89 |
| 2026-06-30 | 3.04 |
| 2026-06-29 | 3.04 |
| 2026-06-26 | 3.14 |
| 2026-06-25 | 2.87 |
| 2026-06-24 | 2.93 |
| 2026-06-23 | 2.96 |
| 2026-06-22 | 2.97 |
| 2026-06-18 | 2.99 |
| 2026-06-17 | 3.08 |
| 2026-06-16 | 3.03 |
| 2026-06-15 | 3.07 |
| 2026-06-12 | 3.03 |
| 2026-06-11 | 3.10 |
| 2026-06-10 | 2.97 |
| 2026-06-09 | 3.04 |
| 2026-06-08 | 2.92 |
| 2026-06-05 | 3.04 |
| 2026-06-04 | 3.12 |
| 2026-06-03 | 3.04 |
| 2026-06-02 | 2.88 |
| 2026-06-01 | 3.33 |
| 2026-05-29 | 3.49 |
| 2026-05-28 | 3.63 |
| 2026-05-27 | 3.51 |
| 2026-05-26 | 3.44 |
| 2026-05-22 | 3.51 |
| 2026-05-21 | 3.42 |
| 2026-05-20 | 3.20 |
| 2026-05-19 | 3.12 |
| 2026-05-18 | 3.14 |
| 2026-05-15 | 3.38 |
| 2026-05-14 | 3.59 |
| 2026-05-13 | 3.31 |
| 2026-05-12 | 3.12 |
| 2026-05-11 | 3.13 |
| 2026-05-08 | 1.90 |
| 2026-05-07 | 1.82 |
| 2026-05-06 | 1.83 |
| 2026-05-05 | 1.83 |
| 2026-05-04 | 1.82 |
| 2026-05-01 | 1.83 |
| 2026-04-30 | 2.27 |
| 2026-04-29 | 2.12 |
| 2026-04-28 | 2.43 |
| 2026-04-27 | 2.55 |
| 2026-04-24 | 2.51 |
| 2026-04-23 | 2.60 |
| 2026-04-22 | 2.73 |
| 2026-04-21 | 2.49 |
| 2026-04-20 | 2.20 |
| 2026-04-17 | 2.16 |
| 2026-04-16 | 1.97 |
| 2026-04-15 | 2.02 |
| 2026-04-14 | 1.98 |
| 2026-04-13 | 1.82 |
| 2026-04-10 | 1.84 |
| 2026-04-09 | 1.94 |
| 2026-04-08 | 1.86 |
| 2026-04-07 | 1.95 |
| 2026-04-06 | 1.96 |
| 2026-04-02 | 1.97 |
| 2026-04-01 | 1.96 |
| 2026-03-31 | 1.86 |
| 2026-03-30 | 1.68 |
| 2026-03-27 | 1.54 |
| 2026-03-26 | 1.37 |
| 2026-03-25 | 1.19 |
| 2026-03-24 | 1.06 |
| 2026-03-23 | 1.12 |
| 2026-03-20 | 1.10 |
| 2026-03-19 | 1.08 |
| 2026-03-18 | 1.05 |
| 2026-03-17 | 1.13 |
| 2026-03-16 | 1.17 |
| 2026-03-13 | 1.13 |
| 2026-03-12 | 1.17 |
| 2026-03-11 | 1.20 |
| 2026-03-10 | 1.27 |
| 2026-03-09 | 1.22 |
| 2026-03-06 | 1.22 |
| 2026-03-05 | 1.15 |
| 2026-03-04 | 1.16 |
| 2026-03-03 | 1.13 |
| 2026-03-02 | 1.14 |
| 2026-02-27 | 1.23 |
| 2026-02-26 | 1.81 |
| 2026-02-25 | 1.83 |
| 2026-02-24 | 1.86 |
| 2026-02-23 | 1.68 |
| 2026-02-20 | 1.71 |
| 2026-02-19 | 1.72 |
| 2026-02-18 | 1.43 |
| 2026-02-17 | 1.37 |
| 2026-02-13 | 1.31 |
| 2026-02-12 | 1.36 |
| 2026-02-11 | 1.39 |
| 2026-02-10 | 1.39 |
| 2026-02-09 | 1.39 |
| 2026-02-06 | 1.40 |
| 2026-02-05 | 1.38 |
| 2026-02-04 | 1.43 |
| 2026-02-03 | 1.40 |
| 2026-02-02 | 1.44 |
| 2026-01-30 | 1.41 |
| 2026-01-29 | 1.49 |
| 2026-01-28 | 1.58 |
| 2026-01-27 | 1.65 |
| 2026-01-26 | 1.73 |
| 2026-01-23 | 1.88 |
| 2026-01-22 | 2.00 |
| 2026-01-21 | 2.01 |
| 2026-01-20 | 2.05 |
| 2026-01-16 | 1.98 |
| 2026-01-15 | 1.84 |
| 2026-01-14 | 1.85 |
| 2026-01-13 | 1.62 |
| 2026-01-12 | 1.61 |
| 2026-01-09 | 1.58 |
| 2026-01-08 | 1.61 |
| 2026-01-07 | 1.61 |
| 2026-01-06 | 1.63 |
| 2026-01-05 | 1.63 |
| 2026-01-02 | 1.63 |
| 2025-12-31 | 1.74 |
| 2025-12-30 | 1.70 |
| 2025-12-29 | 1.77 |
| 2025-12-26 | 1.81 |
| 2025-12-24 | 1.82 |
| 2025-12-23 | 1.78 |
| 2025-12-22 | 1.83 |
| 2025-12-19 | 1.74 |
| 2025-12-18 | 1.79 |
| 2025-12-17 | 1.83 |
| 2025-12-16 | 1.90 |
| 2025-12-15 | 1.94 |
| 2025-12-12 | 2.07 |
| 2025-12-11 | 2.25 |
| 2025-12-10 | 2.13 |
| 2025-12-09 | 2.05 |
| 2025-12-08 | 1.93 |
| 2025-12-05 | 1.92 |
| 2025-12-04 | 1.91 |
| 2025-12-03 | 1.97 |
| 2025-12-02 | 1.92 |
| 2025-12-01 | 2.10 |
| 2025-11-28 | 2.21 |
| 2025-11-26 | 2.21 |
| 2025-11-25 | 2.06 |
| 2025-11-24 | 2.06 |
| 2025-11-21 | 1.92 |
| 2025-11-20 | 1.92 |
| 2025-11-19 | 1.91 |
| 2025-11-18 | 1.91 |
| 2025-11-17 | 1.92 |
| 2025-11-14 | 1.91 |
| 2025-11-13 | 1.91 |
| 2025-11-12 | 1.92 |
| 2025-11-11 | 1.95 |
| 2025-11-10 | 1.93 |
| 2025-11-07 | 0.37 |
| 2025-11-06 | 0.37 |
| 2025-11-05 | 0.35 |
| 2025-11-04 | 0.35 |
| 2025-11-03 | 0.35 |
| 2025-10-31 | 0.36 |
| 2025-10-30 | 0.36 |
| 2025-10-29 | 0.36 |
| 2025-10-28 | 0.36 |
| 2025-10-27 | 0.37 |
| 2025-10-24 | 0.36 |
| 2025-10-23 | 0.36 |
| 2025-10-22 | 0.36 |
| 2025-10-21 | 0.36 |
| 2025-10-20 | 0.36 |
| 2025-10-17 | 0.36 |
| 2025-10-16 | 0.35 |
| 2025-10-15 | 0.32 |
| 2025-10-14 | 0.30 |
| 2025-10-13 | 0.29 |
| 2025-10-10 | 0.32 |
| 2025-10-09 | 0.35 |
| 2025-10-08 | 0.34 |
| 2025-10-07 | 0.32 |
| 2025-10-06 | 0.33 |
| 2025-10-03 | 0.33 |
| 2025-10-02 | 0.34 |
| 2025-10-01 | 0.34 |
| 2025-09-30 | 0.34 |
| 2025-09-29 | 0.35 |
| 2025-09-26 | 0.35 |
| 2025-09-25 | 0.35 |
| 2025-09-24 | 0.37 |
| 2025-09-23 | 0.37 |
Showing the most recent 260 of 3,157 data points. The chart above shows the full history.