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 3.91 is 22% above its estimated 5-year average of 3.19, near the low end of its estimated 5-year range (0.41–50.63).
As of 2026-10-06T19:46:42.923Z. 64.18% below its estimated 12-month average of 10.91.
Calculation as of: 2026-10-06T19:46:42.923Z.
Quote observation: 2026-10-06T19:45:23.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 3328ed161ff00c537a80d7dceb604f662f1c22c4e65cb57a824bf36ce3bbbe60
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
3.91
PB RATIO AVG TTM
10.91
PB RATIO AVG 3Y
5.69
PB RATIO AVG 5Y
3.19
PB RATIO AVG 10Y
2.00
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-64.18%
CURRENT VS 3Y AVG
-31.30%
CURRENT VS 5Y AVG
+22.49%
CURRENT VS 10Y AVG
+95.90%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.38
median of 761 covered companies
CURRENT VS SECTOR MEDIAN
+64.29%
vs the sector median at left
Corvus Pharmaceuticals, Inc.
Market Cap
$882.11M
PB Ratio
3.91
TTM Avg
10.91
3Y Avg
5.69
5Y Avg
3.19
Market Cap
$855.52M
PB Ratio
2.01
TTM Avg
3.66
3Y Avg
17.41
5Y Avg
17.93
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corvus Pharmaceuticals, Inc. (CRVS) | $882.11M | 3.91 | 10.91 | 5.69 | 3.19 |
| Bioventus Inc. (BVS)vs › | $886.49M | 3.88 | 3.59 | 3.23 | 2.55 |
| Arbutus Biopharma Corp (ABUS)vs › | $889.91M | 3.44 | 7.96 | 6.43 | 5.06 |
| Odyssey Therapeutics, Inc. (ODTX)vs › | $871.29M | 2.07 | N/A | N/A | N/A |
| SL Science Holding Ltd (SLBT)vs › | $866.37M | 379.34 | N/A | N/A | N/A |
| QuidelOrtho Corporation (QDEL)vs › | $861.93M | 0.49 | 0.66 | 0.74 | 1.12 |
| Rigel Pharmaceuticals, Inc. (RIGL)vs › | $855.52M | 2.01 | 3.66 | 17.41 | 17.93 |
| SI-BONE, Inc. (SIBN)vs › | $855.05M | 4.69 | 4.07 | 3.98 | 4.64 |
| HealthStream, Inc. (HSTM)vs › | $911.43M | 2.56 | 2.08 | 2.35 | 2.28 |
| Alumis Inc. (ALMS)vs › | $843.79M | 1.87 | 5.06 | 3.19 | 3.19 |
At 3.91, P/B is above its estimated 10-year median — higher than 79% of readings in its estimated 10-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 10-year low
0.08
median
2.00
estimated 10-year high
50.63
P/B Ratio
3.91
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 | 4.40 |
| 2026-10-02 | 4.47 |
| 2026-10-01 | 4.48 |
| 2026-09-30 | 4.72 |
| 2026-09-29 | 4.82 |
| 2026-09-28 | 4.87 |
| 2026-09-25 | 4.76 |
| 2026-09-24 | 4.84 |
| 2026-09-23 | 5.14 |
| 2026-09-22 | 5.51 |
| 2026-09-21 | 5.09 |
| 2026-09-18 | 5.15 |
| 2026-09-17 | 5.14 |
| 2026-09-16 | 5.01 |
| 2026-09-15 | 5.31 |
| 2026-09-14 | 5.37 |
| 2026-09-11 | 5.29 |
| 2026-09-10 | 5.30 |
| 2026-09-09 | 5.46 |
| 2026-09-08 | 5.71 |
| 2026-09-04 | 5.90 |
| 2026-09-03 | 6.01 |
| 2026-09-02 | 5.82 |
| 2026-09-01 | 5.85 |
| 2026-08-31 | 5.76 |
| 2026-08-28 | 5.80 |
| 2026-08-27 | 6.03 |
| 2026-08-26 | 6.04 |
| 2026-08-25 | 5.97 |
| 2026-08-24 | 5.78 |
| 2026-08-21 | 5.93 |
| 2026-08-20 | 5.87 |
| 2026-08-19 | 6.31 |
| 2026-08-18 | 6.08 |
| 2026-08-17 | 6.11 |
| 2026-08-14 | 6.10 |
| 2026-08-13 | 6.21 |
| 2026-08-12 | 6.17 |
| 2026-08-11 | 6.04 |
| 2026-08-10 | 5.63 |
| 2026-08-07 | 5.71 |
| 2026-08-06 | 5.18 |
| 2026-08-05 | 5.21 |
| 2026-08-04 | 5.21 |
| 2026-08-03 | 5.00 |
| 2026-07-31 | 4.96 |
| 2026-07-30 | 4.93 |
| 2026-07-29 | 4.88 |
| 2026-07-28 | 4.98 |
| 2026-07-27 | 4.83 |
| 2026-07-24 | 4.89 |
| 2026-07-23 | 5.12 |
| 2026-07-22 | 5.23 |
| 2026-07-21 | 5.41 |
| 2026-07-20 | 5.27 |
| 2026-07-17 | 5.57 |
| 2026-07-16 | 5.34 |
| 2026-07-15 | 5.58 |
| 2026-07-14 | 5.60 |
| 2026-07-13 | 5.50 |
| 2026-07-10 | 5.86 |
| 2026-07-09 | 6.06 |
| 2026-07-08 | 6.01 |
| 2026-07-07 | 5.84 |
| 2026-07-06 | 5.67 |
| 2026-07-02 | 5.69 |
| 2026-07-01 | 5.52 |
| 2026-06-30 | 5.59 |
| 2026-06-29 | 5.41 |
| 2026-06-26 | 5.04 |
| 2026-06-25 | 4.88 |
| 2026-06-24 | 4.84 |
| 2026-06-23 | 4.72 |
| 2026-06-22 | 4.70 |
| 2026-06-18 | 4.45 |
| 2026-06-17 | 4.49 |
| 2026-06-16 | 4.39 |
| 2026-06-15 | 4.45 |
| 2026-06-12 | 4.46 |
| 2026-06-11 | 4.34 |
| 2026-06-10 | 4.17 |
| 2026-06-09 | 4.18 |
| 2026-06-08 | 4.17 |
| 2026-06-05 | 4.16 |
| 2026-06-04 | 4.38 |
| 2026-06-03 | 4.34 |
| 2026-06-02 | 4.37 |
| 2026-06-01 | 4.52 |
| 2026-05-29 | 4.64 |
| 2026-05-28 | 4.67 |
| 2026-05-27 | 4.83 |
| 2026-05-26 | 4.80 |
| 2026-05-22 | 4.72 |
| 2026-05-21 | 4.89 |
| 2026-05-20 | 4.56 |
| 2026-05-19 | 4.30 |
| 2026-05-18 | 4.57 |
| 2026-05-15 | 4.60 |
| 2026-05-14 | 5.11 |
| 2026-05-13 | 5.92 |
| 2026-05-12 | 5.97 |
| 2026-05-11 | 5.91 |
| 2026-05-08 | 5.81 |
| 2026-05-07 | 19.01 |
| 2026-05-06 | 20.13 |
| 2026-05-05 | 20.46 |
| 2026-05-04 | 20.87 |
| 2026-05-01 | 20.14 |
| 2026-04-30 | 19.79 |
| 2026-04-29 | 18.79 |
| 2026-04-28 | 20.35 |
| 2026-04-27 | 20.74 |
| 2026-04-24 | 20.95 |
| 2026-04-23 | 20.87 |
| 2026-04-22 | 23.26 |
| 2026-04-21 | 22.33 |
| 2026-04-20 | 20.25 |
| 2026-04-17 | 21.81 |
| 2026-04-16 | 19.60 |
| 2026-04-15 | 19.69 |
| 2026-04-14 | 19.87 |
| 2026-04-13 | 19.76 |
| 2026-04-10 | 19.67 |
| 2026-04-09 | 20.42 |
| 2026-04-08 | 19.39 |
| 2026-04-07 | 18.70 |
| 2026-04-06 | 19.17 |
| 2026-04-02 | 19.14 |
| 2026-04-01 | 18.80 |
| 2026-03-31 | 19.06 |
| 2026-03-30 | 17.46 |
| 2026-03-27 | 18.25 |
| 2026-03-26 | 18.33 |
| 2026-03-25 | 18.53 |
| 2026-03-24 | 17.13 |
| 2026-03-23 | 17.91 |
| 2026-03-20 | 17.37 |
| 2026-03-19 | 18.36 |
| 2026-03-18 | 18.34 |
| 2026-03-17 | 20.13 |
| 2026-03-16 | 20.48 |
| 2026-03-13 | 19.96 |
| 2026-03-12 | 18.48 |
| 2026-03-11 | 19.51 |
| 2026-03-10 | 19.37 |
| 2026-03-09 | 18.34 |
| 2026-03-06 | 18.24 |
| 2026-03-05 | 18.54 |
| 2026-03-04 | 20.59 |
| 2026-03-03 | 20.23 |
| 2026-03-02 | 20.65 |
| 2026-02-27 | 21.08 |
| 2026-02-26 | 21.08 |
| 2026-02-25 | 21.01 |
| 2026-02-24 | 20.57 |
| 2026-02-23 | 19.86 |
| 2026-02-20 | 19.13 |
| 2026-02-19 | 20.23 |
| 2026-02-18 | 20.88 |
| 2026-02-17 | 20.19 |
| 2026-02-13 | 21.54 |
| 2026-02-12 | 21.65 |
| 2026-02-11 | 22.78 |
| 2026-02-10 | 22.60 |
| 2026-02-09 | 23.56 |
| 2026-02-06 | 23.62 |
| 2026-02-05 | 22.00 |
| 2026-02-04 | 24.03 |
| 2026-02-03 | 24.63 |
| 2026-02-02 | 24.22 |
| 2026-01-30 | 23.89 |
| 2026-01-29 | 24.17 |
| 2026-01-28 | 23.71 |
| 2026-01-27 | 25.49 |
| 2026-01-26 | 26.56 |
| 2026-01-23 | 28.97 |
| 2026-01-22 | 29.46 |
| 2026-01-21 | 25.57 |
| 2026-01-20 | 24.71 |
| 2026-01-16 | 9.29 |
| 2026-01-15 | 8.24 |
| 2026-01-14 | 7.87 |
| 2026-01-13 | 7.50 |
| 2026-01-12 | 7.79 |
| 2026-01-09 | 7.84 |
| 2026-01-08 | 7.99 |
| 2026-01-07 | 8.19 |
| 2026-01-06 | 7.71 |
| 2026-01-05 | 7.84 |
| 2026-01-02 | 8.45 |
| 2025-12-31 | 8.89 |
| 2025-12-30 | 8.65 |
| 2025-12-29 | 8.60 |
| 2025-12-26 | 8.89 |
| 2025-12-24 | 8.63 |
| 2025-12-23 | 8.51 |
| 2025-12-22 | 9.00 |
| 2025-12-19 | 8.65 |
| 2025-12-18 | 8.82 |
| 2025-12-17 | 9.05 |
| 2025-12-16 | 9.16 |
| 2025-12-15 | 9.68 |
| 2025-12-12 | 9.66 |
| 2025-12-11 | 9.70 |
| 2025-12-10 | 9.80 |
| 2025-12-09 | 10.01 |
| 2025-12-08 | 9.88 |
| 2025-12-05 | 10.17 |
| 2025-12-04 | 10.17 |
| 2025-12-03 | 9.74 |
| 2025-12-02 | 9.29 |
| 2025-12-01 | 9.82 |
| 2025-11-28 | 10.58 |
| 2025-11-26 | 10.47 |
| 2025-11-25 | 10.24 |
| 2025-11-24 | 9.90 |
| 2025-11-21 | 9.89 |
| 2025-11-20 | 9.82 |
| 2025-11-19 | 10.27 |
| 2025-11-18 | 10.49 |
| 2025-11-17 | 10.28 |
| 2025-11-14 | 10.12 |
| 2025-11-13 | 9.23 |
| 2025-11-12 | 9.44 |
| 2025-11-11 | 9.43 |
| 2025-11-10 | 9.13 |
| 2025-11-07 | 8.77 |
| 2025-11-06 | 9.03 |
| 2025-11-05 | 8.69 |
| 2025-11-04 | 7.41 |
| 2025-11-03 | 7.45 |
| 2025-10-31 | 7.79 |
| 2025-10-30 | 7.52 |
| 2025-10-29 | 7.45 |
| 2025-10-28 | 7.36 |
| 2025-10-27 | 7.62 |
| 2025-10-24 | 7.13 |
| 2025-10-23 | 6.94 |
| 2025-10-22 | 6.96 |
| 2025-10-21 | 6.98 |
| 2025-10-20 | 7.24 |
| 2025-10-17 | 6.82 |
| 2025-10-16 | 7.42 |
| 2025-10-15 | 7.45 |
| 2025-10-14 | 6.82 |
| 2025-10-13 | 6.89 |
| 2025-10-10 | 6.72 |
| 2025-10-09 | 7.03 |
| 2025-10-08 | 6.79 |
| 2025-10-07 | 6.66 |
| 2025-10-06 | 6.77 |
| 2025-10-03 | 6.97 |
| 2025-10-02 | 6.82 |
| 2025-10-01 | 7.04 |
| 2025-09-30 | 7.14 |
| 2025-09-29 | 7.06 |
| 2025-09-26 | 7.16 |
| 2025-09-25 | 6.41 |
| 2025-09-24 | 6.28 |
| 2025-09-23 | 5.93 |
Showing the most recent 260 of 2,618 data points. The chart above shows the full history.