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 2.84 is 39% below its estimated 5-year average of 4.66, near the low end of its estimated 5-year range (0.80–65.06).
As of 2026-10-06T12:50:59.777Z. 9.23% above its estimated 12-month average of 2.60.
Calculation as of: 2026-10-06T12:50:59.777Z.
Quote observation: 2026-10-05T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 70ddf76183a0d8026fe107a654d4fd2fa294e0ab5ad38583092e61adf14701ee
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
2.84
PB RATIO AVG TTM
2.60
PB RATIO AVG 3Y
2.41
PB RATIO AVG 5Y
4.66
PB RATIO AVG 10Y
13.04
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+9.23%
CURRENT VS 3Y AVG
+17.60%
CURRENT VS 5Y AVG
-39.04%
CURRENT VS 10Y AVG
-78.21%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.59
median of 402 covered companies
CURRENT VS SECTOR MEDIAN
+9.65%
vs the sector median at left
Market Cap
$179.70M
PB Ratio
0.40
TTM Avg
4.57
3Y Avg
3.57
5Y Avg
2.81
Market Cap
$184.12M
PB Ratio
5.73
TTM Avg
6.66
3Y Avg
402.13
5Y Avg
560.88
Market Cap
$153.84M
PB Ratio
2.69
TTM Avg
1.89
3Y Avg
1.06
5Y Avg
1.08
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Coherus Oncology, Inc. (CHRS) | $173.04M | 2.84 | 2.60 | 2.41 | 4.66 |
| Compass Therapeutics, Inc. (CMPX)vs › | $172.99M | 1.04 | 3.37 | 2.50 | 2.80 |
| Precision BioSciences, Inc. (DTIL)vs › | $174.17M | 3.85 | 2.82 | 1.74 | 1.90 |
| Cue Biopharma, Inc. (CUE)vs › | $176.96M | 76.61 | 14.27 | 6.97 | 5.32 |
| Canton Strategic Holdings Inc (CNTN)vs › | $179.70M | 0.40 | 4.57 | 3.57 | 2.81 |
| ALX Oncology Holdings Inc. (ALXO)vs › | $162.82M | 1.20 | 2.06 | 1.70 | 1.69 |
| Journey Medical Corporation (DERM)vs › | $184.12M | 5.73 | 6.66 | 402.13 | 560.88 |
| Inogen, Inc. (INGN)vs › | $160.82M | 0.92 | 0.93 | 0.96 | 1.16 |
| Acumen Pharmaceuticals, Inc. (ABOS)vs › | $153.84M | 2.69 | 1.89 | 1.06 | 1.08 |
| Eledon Pharmaceuticals, Inc. (ELDN)vs › | $192.97M | 5.85 | 6.34 | 3.44 | 2.13 |
At 2.84, P/B is below its estimated 12-year median — higher than 11% of readings in its estimated 12-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 12-year low
0.80
median
9.43
estimated 12-year high
81.79
P/B Ratio
2.84
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 | 2.85 |
| 2026-10-02 | 2.95 |
| 2026-10-01 | 2.95 |
| 2026-09-30 | 3.08 |
| 2026-09-29 | 3.00 |
| 2026-09-28 | 2.90 |
| 2026-09-25 | 2.88 |
| 2026-09-24 | 2.98 |
| 2026-09-23 | 3.21 |
| 2026-09-22 | 3.31 |
| 2026-09-21 | 3.49 |
| 2026-09-18 | 3.44 |
| 2026-09-17 | 3.13 |
| 2026-09-16 | 3.10 |
| 2026-09-15 | 3.38 |
| 2026-09-14 | 3.64 |
| 2026-09-11 | 3.38 |
| 2026-09-10 | 3.41 |
| 2026-09-09 | 3.36 |
| 2026-09-08 | 3.49 |
| 2026-09-04 | 3.61 |
| 2026-09-03 | 3.49 |
| 2026-09-02 | 3.61 |
| 2026-09-01 | 3.49 |
| 2026-08-31 | 3.44 |
| 2026-08-28 | 3.59 |
| 2026-08-27 | 3.72 |
| 2026-08-26 | 3.69 |
| 2026-08-25 | 3.49 |
| 2026-08-24 | 3.46 |
| 2026-08-21 | 3.61 |
| 2026-08-20 | 3.36 |
| 2026-08-19 | 3.38 |
| 2026-08-18 | 3.41 |
| 2026-08-17 | 2.93 |
| 2026-08-14 | 3.05 |
| 2026-08-13 | 2.90 |
| 2026-08-12 | 2.98 |
| 2026-08-11 | 3.08 |
| 2026-08-10 | 3.16 |
| 2026-08-07 | 3.23 |
| 2026-08-06 | 3.21 |
| 2026-08-05 | 2.52 |
| 2026-08-04 | 2.57 |
| 2026-08-03 | 2.50 |
| 2026-07-31 | 2.45 |
| 2026-07-30 | 2.55 |
| 2026-07-29 | 2.45 |
| 2026-07-28 | 2.50 |
| 2026-07-27 | 2.53 |
| 2026-07-24 | 2.45 |
| 2026-07-23 | 2.48 |
| 2026-07-22 | 2.48 |
| 2026-07-21 | 2.55 |
| 2026-07-20 | 2.46 |
| 2026-07-17 | 2.43 |
| 2026-07-16 | 2.41 |
| 2026-07-15 | 2.50 |
| 2026-07-14 | 2.52 |
| 2026-07-13 | 2.55 |
| 2026-07-10 | 2.67 |
| 2026-07-09 | 2.83 |
| 2026-07-08 | 2.86 |
| 2026-07-07 | 2.90 |
| 2026-07-06 | 2.71 |
| 2026-07-02 | 2.52 |
| 2026-07-01 | 2.50 |
| 2026-06-30 | 2.43 |
| 2026-06-29 | 2.52 |
| 2026-06-26 | 2.60 |
| 2026-06-25 | 2.57 |
| 2026-06-24 | 2.64 |
| 2026-06-23 | 2.53 |
| 2026-06-22 | 2.57 |
| 2026-06-18 | 2.57 |
| 2026-06-17 | 2.41 |
| 2026-06-16 | 2.39 |
| 2026-06-15 | 2.36 |
| 2026-06-12 | 2.43 |
| 2026-06-11 | 2.46 |
| 2026-06-10 | 2.36 |
| 2026-06-09 | 2.46 |
| 2026-06-08 | 2.46 |
| 2026-06-05 | 2.52 |
| 2026-06-04 | 2.74 |
| 2026-06-03 | 2.55 |
| 2026-06-02 | 2.64 |
| 2026-06-01 | 2.72 |
| 2026-05-29 | 2.76 |
| 2026-05-28 | 2.86 |
| 2026-05-27 | 2.88 |
| 2026-05-26 | 2.85 |
| 2026-05-22 | 2.79 |
| 2026-05-21 | 2.72 |
| 2026-05-20 | 2.62 |
| 2026-05-19 | 2.57 |
| 2026-05-18 | 2.58 |
| 2026-05-15 | 2.72 |
| 2026-05-14 | 2.83 |
| 2026-05-13 | 2.97 |
| 2026-05-12 | 2.97 |
| 2026-05-11 | 3.85 |
| 2026-05-08 | 3.45 |
| 2026-05-07 | 3.47 |
| 2026-05-06 | 3.45 |
| 2026-05-05 | 3.53 |
| 2026-05-04 | 3.41 |
| 2026-05-01 | 3.55 |
| 2026-04-30 | 3.51 |
| 2026-04-29 | 3.43 |
| 2026-04-28 | 3.49 |
| 2026-04-27 | 3.63 |
| 2026-04-24 | 3.45 |
| 2026-04-23 | 3.47 |
| 2026-04-22 | 3.55 |
| 2026-04-21 | 3.59 |
| 2026-04-20 | 3.93 |
| 2026-04-17 | 3.91 |
| 2026-04-16 | 3.75 |
| 2026-04-15 | 3.71 |
| 2026-04-14 | 3.55 |
| 2026-04-13 | 3.37 |
| 2026-04-10 | 3.31 |
| 2026-04-09 | 3.26 |
| 2026-04-08 | 3.35 |
| 2026-04-07 | 3.29 |
| 2026-04-06 | 3.29 |
| 2026-04-02 | 3.41 |
| 2026-04-01 | 3.43 |
| 2026-03-31 | 3.33 |
| 2026-03-30 | 3.16 |
| 2026-03-27 | 3.22 |
| 2026-03-26 | 3.27 |
| 2026-03-25 | 3.49 |
| 2026-03-24 | 3.37 |
| 2026-03-23 | 3.24 |
| 2026-03-20 | 3.00 |
| 2026-03-19 | 3.18 |
| 2026-03-18 | 3.12 |
| 2026-03-17 | 3.31 |
| 2026-03-16 | 3.27 |
| 2026-03-13 | 3.22 |
| 2026-03-12 | 3.33 |
| 2026-03-11 | 3.51 |
| 2026-03-10 | 3.85 |
| 2026-03-09 | 2.56 |
| 2026-03-06 | 2.41 |
| 2026-03-05 | 2.33 |
| 2026-03-04 | 2.33 |
| 2026-03-03 | 2.18 |
| 2026-03-02 | 2.18 |
| 2026-02-27 | 2.21 |
| 2026-02-26 | 2.24 |
| 2026-02-25 | 2.22 |
| 2026-02-24 | 2.21 |
| 2026-02-23 | 2.15 |
| 2026-02-20 | 2.16 |
| 2026-02-19 | 2.26 |
| 2026-02-18 | 2.16 |
| 2026-02-17 | 2.13 |
| 2026-02-13 | 2.13 |
| 2026-02-12 | 2.66 |
| 2026-02-11 | 2.70 |
| 2026-02-10 | 2.79 |
| 2026-02-09 | 2.73 |
| 2026-02-06 | 2.83 |
| 2026-02-05 | 2.77 |
| 2026-02-04 | 2.94 |
| 2026-02-03 | 2.94 |
| 2026-02-02 | 2.87 |
| 2026-01-30 | 2.86 |
| 2026-01-29 | 3.09 |
| 2026-01-28 | 2.94 |
| 2026-01-27 | 3.32 |
| 2026-01-26 | 3.02 |
| 2026-01-23 | 2.73 |
| 2026-01-22 | 2.11 |
| 2026-01-21 | 2.17 |
| 2026-01-20 | 2.05 |
| 2026-01-16 | 2.12 |
| 2026-01-15 | 2.20 |
| 2026-01-14 | 2.12 |
| 2026-01-13 | 2.25 |
| 2026-01-12 | 2.18 |
| 2026-01-09 | 2.24 |
| 2026-01-08 | 2.03 |
| 2026-01-07 | 1.89 |
| 2026-01-06 | 1.80 |
| 2026-01-05 | 1.91 |
| 2026-01-02 | 1.81 |
| 2025-12-31 | 1.88 |
| 2025-12-30 | 1.87 |
| 2025-12-29 | 1.77 |
| 2025-12-26 | 1.76 |
| 2025-12-24 | 1.77 |
| 2025-12-23 | 1.75 |
| 2025-12-22 | 1.85 |
| 2025-12-19 | 1.80 |
| 2025-12-18 | 1.80 |
| 2025-12-17 | 1.79 |
| 2025-12-16 | 1.84 |
| 2025-12-15 | 1.84 |
| 2025-12-12 | 1.79 |
| 2025-12-11 | 1.89 |
| 2025-12-10 | 1.76 |
| 2025-12-09 | 1.71 |
| 2025-12-08 | 1.69 |
| 2025-12-05 | 1.59 |
| 2025-12-04 | 1.63 |
| 2025-12-03 | 1.62 |
| 2025-12-02 | 1.54 |
| 2025-12-01 | 1.68 |
| 2025-11-28 | 1.80 |
| 2025-11-26 | 1.73 |
| 2025-11-25 | 1.69 |
| 2025-11-24 | 1.69 |
| 2025-11-21 | 1.54 |
| 2025-11-20 | 1.46 |
| 2025-11-19 | 1.54 |
| 2025-11-18 | 1.60 |
| 2025-11-17 | 1.50 |
| 2025-11-14 | 1.58 |
| 2025-11-13 | 1.67 |
| 2025-11-12 | 1.80 |
| 2025-11-11 | 1.79 |
| 2025-11-10 | 1.67 |
| 2025-11-07 | 1.77 |
| 2025-11-06 | 1.44 |
| 2025-11-05 | 1.52 |
| 2025-11-04 | 1.50 |
| 2025-11-03 | 1.55 |
| 2025-10-31 | 1.63 |
| 2025-10-30 | 1.65 |
| 2025-10-29 | 1.68 |
| 2025-10-28 | 1.69 |
| 2025-10-27 | 1.55 |
| 2025-10-24 | 1.60 |
| 2025-10-23 | 1.62 |
| 2025-10-22 | 1.63 |
| 2025-10-21 | 1.69 |
| 2025-10-20 | 1.73 |
| 2025-10-17 | 1.60 |
| 2025-10-16 | 1.66 |
| 2025-10-15 | 1.72 |
| 2025-10-14 | 1.65 |
| 2025-10-13 | 1.68 |
| 2025-10-10 | 1.62 |
| 2025-10-09 | 1.76 |
| 2025-10-08 | 1.70 |
| 2025-10-07 | 1.66 |
| 2025-10-06 | 1.65 |
| 2025-10-03 | 1.59 |
| 2025-10-02 | 1.61 |
| 2025-10-01 | 1.57 |
| 2025-09-30 | 1.59 |
| 2025-09-29 | 1.65 |
| 2025-09-26 | 1.45 |
| 2025-09-25 | 1.40 |
| 2025-09-24 | 1.53 |
| 2025-09-23 | 1.51 |
Showing the most recent 260 of 1,730 data points. The chart above shows the full history.