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 15.54 is 477% above its estimated 5-year average of 2.69, around the middle of its estimated 5-year range (1.29–25.20).
As of 2026-10-06T16:51:11.429Z. 35.05% above its estimated 12-month average of 11.51.
Calculation as of: 2026-10-06T16:51:11.429Z.
Quote observation: 2026-10-06T16:44:16.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: fc92921354a3baefe39f76a6e19d16813aeb2294e32cc7e27fab112852b36d76
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
15.54
PB RATIO AVG TTM
11.51
PB RATIO AVG 3Y
9.36
PB RATIO AVG 5Y
2.69
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+35.05%
CURRENT VS 3Y AVG
+66.04%
CURRENT VS 5Y AVG
+477.40%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.38
median of 689 covered companies
CURRENT VS SECTOR MEDIAN
+552.94%
vs the sector median at left
Market Cap
$51.33M
PB Ratio
1.31
TTM Avg
4.51
3Y Avg
10.92
5Y Avg
7.96
Market Cap
$51.60M
PB Ratio
2158.11
TTM Avg
2503.81
3Y Avg
2503.81
5Y Avg
2503.81
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Envoy Medical, Inc. (COCH) | $51.33M | 15.54 | 11.51 | 9.36 | 2.69 |
| Rani Therapeutics Holdings, Inc. (RANI)vs › | $51.33M | 1.31 | 4.51 | 10.92 | 7.96 |
| eXoZymes, Inc. (EXOZ)vs › | $51.42M | 14.07 | 23.34 | 19.23 | 19.23 |
| NOMAD Power Solutions, Inc. (NMAD)vs › | $51.60M | 2158.11 | 2503.81 | 2503.81 | 2503.81 |
| biote Corp. (BTMD)vs › | $51.83M | N/A | 18.22 | 18.22 | 18.22 |
| Celularity Inc. (CELU)vs › | $50.80M | N/A | 3.45 | 2.03 | 2.35 |
| Clene Inc. (CLNN)vs › | $50.54M | N/A | 4.45 | 27.22 | 162.33 |
| Eloxx Pharmaceuticals, Inc. (ELOX)vs › | $50.48M | 1.09 | 2.46 | 2.46 | 2.46 |
| Microbot Medical Inc. (MBOT)vs › | $50.36M | 0.73 | 1.70 | 2.98 | 3.06 |
| INmune Bio, Inc. (INMB)vs › | $50.25M | 2.47 | 1.94 | 3.26 | 2.92 |
At 15.54, P/B is above its estimated 5-year median — higher than 89% of readings in its estimated 5-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 5-year low
1.29
median
1.34
estimated 5-year high
25.20
P/B Ratio
15.54
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 | 20.51 |
| 2026-10-02 | 21.36 |
| 2026-10-01 | 20.81 |
| 2026-09-30 | 21.45 |
| 2026-09-29 | 22.33 |
| 2026-09-28 | 21.80 |
| 2026-09-25 | 22.52 |
| 2026-09-24 | 22.56 |
| 2026-09-23 | 22.74 |
| 2026-09-22 | 22.53 |
| 2026-09-21 | 22.38 |
| 2026-09-18 | 22.49 |
| 2026-09-17 | 21.43 |
| 2026-09-16 | 22.37 |
| 2026-09-15 | 22.36 |
| 2026-09-14 | 23.00 |
| 2026-09-11 | 23.32 |
| 2026-09-10 | 22.36 |
| 2026-09-09 | 21.74 |
| 2026-09-08 | 22.40 |
| 2026-09-04 | 22.36 |
| 2026-09-03 | 23.00 |
| 2026-09-02 | 21.70 |
| 2026-09-01 | 22.19 |
| 2026-08-31 | 22.96 |
| 2026-08-28 | 21.74 |
| 2026-08-27 | 23.02 |
| 2026-08-26 | 23.18 |
| 2026-08-25 | 23.53 |
| 2026-08-24 | 23.50 |
| 2026-08-21 | 23.62 |
| 2026-08-20 | 23.64 |
| 2026-08-19 | 23.31 |
| 2026-08-18 | 23.27 |
| 2026-08-17 | 23.15 |
| 2026-08-14 | 25.20 |
| 2026-08-13 | 23.51 |
| 2026-08-12 | 23.48 |
| 2026-08-11 | 24.25 |
| 2026-08-10 | 4.61 |
| 2026-08-07 | 4.38 |
| 2026-08-06 | 4.45 |
| 2026-08-05 | 4.47 |
| 2026-08-04 | 4.50 |
| 2026-08-03 | 4.51 |
| 2026-07-31 | 4.38 |
| 2026-07-30 | 4.35 |
| 2026-07-29 | 4.20 |
| 2026-07-28 | 4.44 |
| 2026-07-27 | 4.40 |
| 2026-07-24 | 4.33 |
| 2026-07-23 | 4.32 |
| 2026-07-22 | 4.53 |
| 2026-07-21 | 4.45 |
| 2026-07-20 | 4.38 |
| 2026-07-17 | 4.58 |
| 2026-07-16 | 4.97 |
| 2026-07-15 | 4.73 |
| 2026-07-14 | 4.96 |
| 2026-07-13 | 4.53 |
| 2026-07-10 | 4.46 |
| 2026-07-09 | 4.45 |
| 2026-07-08 | 4.63 |
| 2026-07-07 | 4.96 |
| 2026-07-06 | 5.20 |
| 2026-07-02 | 4.91 |
| 2026-07-01 | 5.16 |
| 2026-06-30 | 5.17 |
| 2026-06-29 | 4.46 |
| 2026-06-26 | 4.35 |
| 2026-06-25 | 4.40 |
| 2026-06-24 | 4.12 |
| 2026-06-23 | 4.25 |
| 2026-06-22 | 4.31 |
| 2026-06-18 | 4.14 |
| 2026-06-17 | 4.28 |
| 2026-06-16 | 4.24 |
| 2026-06-15 | 4.22 |
| 2026-06-12 | 4.10 |
| 2026-06-11 | 4.30 |
| 2026-06-10 | 4.28 |
| 2026-06-09 | 4.05 |
| 2026-06-08 | 4.31 |
| 2026-06-05 | 4.32 |
| 2026-06-04 | 4.58 |
| 2026-06-03 | 4.50 |
| 2026-06-02 | 4.61 |
| 2026-06-01 | 4.57 |
| 2026-05-29 | 4.61 |
| 2026-05-28 | 4.59 |
| 2026-05-27 | 4.52 |
| 2026-05-26 | 4.57 |
| 2026-05-22 | 4.63 |
| 2026-05-21 | 4.79 |
| 2026-05-20 | 4.77 |
| 2026-05-19 | 4.83 |
| 2026-05-18 | 4.66 |
| 2026-05-15 | 4.23 |
| 2026-05-14 | 4.34 |
| 2026-05-13 | 4.30 |
| 2026-05-12 | 4.44 |
| 2023-12-29 | 5.66 |
| 2023-12-28 | 5.72 |
| 2023-12-27 | 4.87 |
| 2023-12-26 | 6.53 |
| 2023-12-22 | 7.14 |
| 2023-12-21 | 7.03 |
| 2023-12-20 | 7.03 |
| 2023-12-19 | 7.87 |
| 2023-12-18 | 7.84 |
| 2023-12-15 | 7.65 |
| 2023-12-14 | 6.90 |
| 2023-12-13 | 6.65 |
| 2023-12-12 | 7.18 |
| 2023-12-11 | 6.84 |
| 2023-12-08 | 6.47 |
| 2023-12-07 | 6.22 |
| 2023-12-06 | 6.12 |
| 2023-12-05 | 5.87 |
| 2023-12-04 | 5.78 |
| 2023-12-01 | 7.25 |
| 2023-11-30 | 7.03 |
| 2023-11-29 | 8.62 |
| 2023-11-28 | 5.53 |
| 2023-11-27 | 4.34 |
| 2023-11-24 | 3.84 |
| 2023-11-22 | 3.25 |
| 2023-11-21 | 3.03 |
| 2023-11-20 | 3.12 |
| 2023-11-17 | 2.84 |
| 2023-11-16 | 2.97 |
| 2023-11-15 | 3.05 |
| 2023-11-14 | 2.97 |
| 2023-11-13 | 2.87 |
| 2023-11-10 | 2.94 |
| 2023-11-09 | 2.97 |
| 2023-11-08 | 3.06 |
| 2023-11-07 | 3.22 |
| 2023-11-06 | 3.28 |
| 2023-11-03 | 3.28 |
| 2023-11-02 | 3.81 |
| 2023-11-01 | 3.90 |
| 2023-10-31 | 3.81 |
| 2023-10-30 | 3.75 |
| 2023-10-27 | 4.37 |
| 2023-10-26 | 3.53 |
| 2023-10-25 | 4.06 |
| 2023-10-24 | 4.90 |
| 2023-10-23 | 4.84 |
| 2023-10-20 | 5.22 |
| 2023-10-19 | 5.42 |
| 2023-10-18 | 6.34 |
| 2023-10-17 | 6.37 |
| 2023-10-16 | 7.03 |
| 2023-10-13 | 7.50 |
| 2023-10-12 | 7.20 |
| 2023-10-11 | 7.50 |
| 2023-10-10 | 9.12 |
| 2023-10-09 | 12.56 |
| 2023-10-06 | 15.24 |
| 2023-10-05 | 13.42 |
| 2023-10-04 | 12.87 |
| 2023-10-03 | 13.40 |
| 2023-10-02 | 14.99 |
| 2022-12-30 | 1.30 |
| 2022-12-29 | 1.30 |
| 2022-12-28 | 1.30 |
| 2022-12-27 | 1.30 |
| 2022-12-23 | 1.29 |
| 2022-12-22 | 1.29 |
| 2022-12-21 | 1.29 |
| 2022-12-20 | 1.29 |
| 2022-12-19 | 1.29 |
| 2022-12-16 | 1.30 |
| 2022-12-15 | 1.29 |
| 2022-12-14 | 1.29 |
| 2022-12-13 | 1.29 |
| 2022-12-12 | 1.30 |
| 2022-12-09 | 1.30 |
| 2022-12-08 | 1.29 |
| 2022-12-07 | 1.29 |
| 2022-12-06 | 1.29 |
| 2022-12-05 | 1.29 |
| 2022-12-02 | 1.30 |
| 2022-12-01 | 1.29 |
| 2022-11-30 | 1.29 |
| 2022-11-29 | 1.29 |
| 2022-11-28 | 1.29 |
| 2022-11-25 | 1.29 |
| 2022-11-23 | 1.29 |
| 2022-11-22 | 1.29 |
| 2022-11-21 | 1.29 |
| 2022-11-18 | 1.29 |
| 2022-11-17 | 1.29 |
| 2022-11-16 | 1.29 |
| 2022-11-15 | 1.29 |
| 2022-11-14 | 1.31 |
| 2022-11-11 | 1.31 |
| 2022-11-10 | 1.30 |
| 2022-11-09 | 1.30 |
| 2022-11-08 | 1.31 |
| 2022-11-07 | 1.31 |
| 2022-11-04 | 1.31 |
| 2022-11-03 | 1.31 |
| 2022-11-02 | 1.30 |
| 2022-11-01 | 1.31 |
| 2022-10-31 | 1.30 |
| 2022-10-28 | 1.31 |
| 2022-10-27 | 1.31 |
| 2022-10-26 | 1.31 |
| 2022-10-25 | 1.30 |
| 2022-10-24 | 1.30 |
| 2022-10-21 | 1.30 |
| 2022-10-20 | 1.30 |
| 2022-10-19 | 1.30 |
| 2022-10-18 | 1.30 |
| 2022-10-17 | 1.30 |
| 2022-10-14 | 1.30 |
| 2022-10-13 | 1.30 |
| 2022-10-12 | 1.30 |
| 2022-10-11 | 1.30 |
| 2022-10-10 | 1.30 |
| 2022-10-07 | 1.30 |
| 2022-10-06 | 1.30 |
| 2022-10-05 | 1.29 |
| 2022-10-04 | 1.29 |
| 2022-10-03 | 1.29 |
| 2022-09-30 | 1.29 |
| 2022-09-29 | 1.29 |
| 2022-09-28 | 1.29 |
| 2022-09-27 | 1.29 |
| 2022-09-26 | 1.29 |
| 2022-09-23 | 1.29 |
| 2022-09-22 | 1.29 |
| 2022-09-21 | 1.29 |
| 2022-09-20 | 1.29 |
| 2022-09-19 | 1.29 |
| 2022-09-16 | 1.29 |
| 2022-09-15 | 1.29 |
| 2022-09-14 | 1.29 |
| 2022-09-13 | 1.29 |
| 2022-09-12 | 1.29 |
| 2022-09-09 | 1.29 |
| 2022-09-08 | 1.29 |
| 2022-09-07 | 1.29 |
| 2022-09-06 | 1.29 |
| 2022-09-02 | 1.29 |
| 2022-09-01 | 1.29 |
| 2022-08-31 | 1.29 |
| 2022-08-30 | 1.29 |
| 2022-08-29 | 1.29 |
| 2022-08-26 | 1.29 |
| 2022-08-25 | 1.29 |
| 2022-08-24 | 1.29 |
| 2022-08-23 | 1.29 |
| 2022-08-22 | 1.29 |
| 2022-08-19 | 1.29 |
| 2022-08-18 | 1.30 |
| 2022-08-17 | 1.29 |
| 2022-08-16 | 1.29 |
Showing the most recent 260 of 353 data points. The chart above shows the full history.