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 9.52 is 49% below its 5-year average of 18.59, near the low end of its 5-year range (7.70–32.80).
5.27% below its 12-month average of 10.05.
PB RATIO
9.52
PB RATIO AVG TTM
10.05
PB RATIO AVG 3Y
15.73
PB RATIO AVG 5Y
18.59
PB RATIO AVG 10Y
20.29
PB RATIO AVG 15Y
21.72
PB RATIO AVG 20Y
20.06
CURRENT VS TTM AVG
-5.27%
CURRENT VS 3Y AVG
-39.47%
CURRENT VS 5Y AVG
-48.78%
CURRENT VS 10Y AVG
-53.07%
CURRENT VS 15Y AVG
-56.16%
CURRENT VS 20Y AVG
-52.55%
SECTOR MEDIAN · HEALTHCARE
3.31
median of 74 covered companies
CURRENT VS SECTOR MEDIAN
+187.18%
vs the sector median at left
Market Cap
$27.80B
PB Ratio
2.60
TTM Avg
3.33
3Y Avg
4.20
5Y Avg
4.20
Market Cap
$27.03B
PB Ratio
N/A
TTM Avg
1966.63
3Y Avg
623.56
5Y Avg
375.27
Market Cap
$25.57B
PB Ratio
3.40
TTM Avg
2.94
3Y Avg
2.67
5Y Avg
2.70
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DexCom, Inc. (DXCM) | $28.31B | 9.52 | 10.05 | 15.73 | 18.59 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $27.80B | 2.60 | 3.33 | 4.20 | 4.20 |
| ResMed Inc. (RMD)vs › | $29.47B | 4.42 | 5.79 | 6.20 | 7.90 |
| Biogen Inc. (BIIB)vs › | $29.55B | 1.61 | 1.40 | 1.72 | 2.31 |
| Mettler-Toledo International Inc. (MTD)vs › | $27.03B | N/A | 1966.63 | 623.56 | 375.27 |
| Quest Diagnostics Incorporated (DGX)vs › | $25.57B | 3.40 | 2.94 | 2.67 | 2.70 |
| Centene Corp. (CNC)vs › | $31.61B | 1.47 | 0.96 | 1.21 | 1.41 |
| Labcorp Holdings Inc. (LH)vs › | $24.70B | 2.82 | 2.60 | 2.43 | 2.25 |
| Zoetis Inc. (ZTS)vs › | $32.24B | 9.84 | 12.36 | 14.93 | 16.44 |
| Waters Corporation (WAT)vs › | $24.19B | 2.01 | 7.30 | 12.98 | 30.06 |
At 9.52, P/B is cheaper than usual, sitting higher than 13% of its 20-year history.
20-year low
3.12
median
20.17
20-year high
196.59
P/B Ratio
9.52
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 |
|---|---|
| 2026-07-24 | 9.52 |
| 2026-07-23 | 9.38 |
| 2026-07-22 | 9.51 |
| 2026-07-21 | 9.95 |
| 2026-07-20 | 10.08 |
| 2026-07-17 | 10.20 |
| 2026-07-16 | 10.38 |
| 2026-07-15 | 9.68 |
| 2026-07-14 | 9.87 |
| 2026-07-13 | 10.16 |
| 2026-07-10 | 9.98 |
| 2026-07-09 | 9.72 |
| 2026-07-08 | 9.86 |
| 2026-07-07 | 9.79 |
| 2026-07-06 | 9.63 |
| 2026-07-02 | 9.48 |
| 2026-07-01 | 9.17 |
| 2026-06-30 | 8.97 |
| 2026-06-29 | 9.32 |
| 2026-06-26 | 9.34 |
| 2026-06-25 | 9.14 |
| 2026-06-24 | 9.28 |
| 2026-06-23 | 9.17 |
| 2026-06-22 | 9.19 |
| 2026-06-18 | 9.65 |
| 2026-06-17 | 9.48 |
| 2026-06-16 | 9.74 |
| 2026-06-15 | 9.88 |
| 2026-06-12 | 10.03 |
| 2026-06-11 | 10.02 |
| 2026-06-10 | 9.95 |
| 2026-06-09 | 10.41 |
| 2026-06-08 | 10.20 |
| 2026-06-05 | 9.70 |
| 2026-06-04 | 9.66 |
| 2026-06-03 | 9.69 |
| 2026-06-02 | 9.78 |
| 2026-06-01 | 9.97 |
| 2026-05-29 | 9.82 |
| 2026-05-28 | 9.63 |
| 2026-05-27 | 9.35 |
| 2026-05-26 | 9.59 |
| 2026-05-22 | 9.60 |
| 2026-05-21 | 9.57 |
| 2026-05-20 | 9.51 |
| 2026-05-19 | 8.91 |
| 2026-05-18 | 8.66 |
| 2026-05-15 | 8.20 |
| 2026-05-14 | 7.70 |
| 2026-05-13 | 7.80 |
| 2026-05-12 | 8.14 |
| 2026-05-11 | 7.90 |
| 2026-05-08 | 8.07 |
| 2026-05-07 | 8.11 |
| 2026-05-06 | 8.03 |
| 2026-05-05 | 7.92 |
| 2026-05-04 | 7.99 |
| 2026-05-01 | 8.17 |
| 2026-04-30 | 7.93 |
| 2026-04-29 | 8.36 |
| 2026-04-28 | 8.62 |
| 2026-04-27 | 8.92 |
| 2026-04-24 | 8.94 |
| 2026-04-23 | 9.11 |
| 2026-04-22 | 9.21 |
| 2026-04-21 | 9.09 |
| 2026-04-20 | 9.39 |
| 2026-04-17 | 9.29 |
| 2026-04-16 | 8.89 |
| 2026-04-15 | 8.94 |
| 2026-04-14 | 9.14 |
| 2026-04-13 | 9.17 |
| 2026-04-10 | 9.30 |
| 2026-04-09 | 9.54 |
| 2026-04-08 | 9.56 |
| 2026-04-07 | 9.17 |
| 2026-04-06 | 9.18 |
| 2026-04-02 | 9.04 |
| 2026-04-01 | 9.06 |
| 2026-03-31 | 9.12 |
| 2026-03-30 | 8.99 |
| 2026-03-27 | 9.04 |
| 2026-03-26 | 9.60 |
| 2026-03-25 | 9.71 |
| 2026-03-24 | 9.67 |
| 2026-03-23 | 9.58 |
| 2026-03-20 | 9.73 |
| 2026-03-19 | 9.77 |
| 2026-03-18 | 9.83 |
| 2026-03-17 | 9.78 |
| 2026-03-16 | 9.64 |
| 2026-03-13 | 9.33 |
| 2026-03-12 | 9.48 |
| 2026-03-11 | 9.63 |
| 2026-03-10 | 9.85 |
| 2026-03-09 | 9.99 |
| 2026-03-06 | 9.89 |
| 2026-03-05 | 10.27 |
| 2026-03-04 | 10.59 |
| 2026-03-03 | 10.62 |
| 2026-03-02 | 10.72 |
| 2026-02-27 | 10.67 |
| 2026-02-26 | 10.80 |
| 2026-02-25 | 10.63 |
| 2026-02-24 | 10.62 |
| 2026-02-23 | 10.64 |
| 2026-02-20 | 10.62 |
| 2026-02-19 | 10.50 |
| 2026-02-18 | 10.58 |
| 2026-02-17 | 10.23 |
| 2026-02-13 | 10.17 |
| 2026-02-12 | 9.45 |
| 2026-02-11 | 10.18 |
| 2026-02-10 | 10.19 |
| 2026-02-09 | 10.49 |
| 2026-02-06 | 10.46 |
| 2026-02-05 | 10.44 |
| 2026-02-04 | 10.58 |
| 2026-02-03 | 10.70 |
| 2026-02-02 | 10.84 |
| 2026-01-30 | 10.92 |
| 2026-01-29 | 11.06 |
| 2026-01-28 | 10.96 |
| 2026-01-27 | 11.01 |
| 2026-01-26 | 10.96 |
| 2026-01-23 | 10.89 |
| 2026-01-22 | 11.05 |
| 2026-01-21 | 10.78 |
| 2026-01-20 | 10.57 |
| 2026-01-16 | 10.39 |
| 2026-01-15 | 10.35 |
| 2026-01-14 | 10.42 |
| 2026-01-13 | 10.50 |
| 2026-01-12 | 10.61 |
| 2026-01-09 | 10.07 |
| 2026-01-08 | 10.23 |
| 2026-01-07 | 10.48 |
| 2026-01-06 | 10.44 |
| 2026-01-05 | 10.11 |
| 2026-01-02 | 9.94 |
| 2025-12-31 | 9.92 |
| 2025-12-30 | 10.02 |
| 2025-12-29 | 10.08 |
| 2025-12-26 | 10.10 |
| 2025-12-24 | 10.08 |
| 2025-12-23 | 9.99 |
| 2025-12-22 | 10.08 |
| 2025-12-19 | 9.87 |
| 2025-12-18 | 9.85 |
| 2025-12-17 | 9.83 |
| 2025-12-16 | 9.92 |
| 2025-12-15 | 9.82 |
| 2025-12-12 | 10.01 |
| 2025-12-11 | 10.30 |
| 2025-12-10 | 10.10 |
| 2025-12-09 | 9.91 |
| 2025-12-08 | 9.81 |
| 2025-12-05 | 9.79 |
| 2025-12-04 | 9.75 |
| 2025-12-03 | 9.69 |
| 2025-12-02 | 9.63 |
| 2025-12-01 | 9.49 |
| 2025-11-28 | 9.49 |
| 2025-11-26 | 9.34 |
| 2025-11-25 | 9.22 |
| 2025-11-24 | 9.30 |
| 2025-11-21 | 9.00 |
| 2025-11-20 | 8.73 |
| 2025-11-19 | 8.93 |
| 2025-11-18 | 8.99 |
| 2025-11-17 | 8.74 |
| 2025-11-14 | 8.68 |
| 2025-11-13 | 8.92 |
| 2025-11-12 | 8.91 |
| 2025-11-11 | 8.69 |
| 2025-11-10 | 8.20 |
| 2025-11-07 | 8.22 |
| 2025-11-06 | 8.67 |
| 2025-11-05 | 8.86 |
| 2025-11-04 | 9.14 |
| 2025-11-03 | 9.03 |
| 2025-10-31 | 8.70 |
| 2025-10-30 | 10.19 |
| 2025-10-29 | 10.82 |
| 2025-10-28 | 10.98 |
| 2025-10-27 | 11.20 |
| 2025-10-24 | 11.16 |
| 2025-10-23 | 11.27 |
| 2025-10-22 | 11.22 |
| 2025-10-21 | 11.07 |
| 2025-10-20 | 10.86 |
| 2025-10-17 | 10.57 |
| 2025-10-16 | 10.52 |
| 2025-10-15 | 10.38 |
| 2025-10-14 | 10.50 |
| 2025-10-13 | 10.34 |
| 2025-10-10 | 10.33 |
| 2025-10-09 | 10.80 |
| 2025-10-08 | 10.75 |
| 2025-10-07 | 10.48 |
| 2025-10-06 | 10.53 |
| 2025-10-03 | 10.64 |
| 2025-10-02 | 10.54 |
| 2025-10-01 | 10.48 |
| 2025-09-30 | 10.67 |
| 2025-09-29 | 10.54 |
| 2025-09-26 | 10.64 |
| 2025-09-25 | 10.84 |
| 2025-09-24 | 10.71 |
| 2025-09-23 | 10.82 |
| 2025-09-22 | 11.03 |
| 2025-09-19 | 10.70 |
| 2025-09-18 | 12.02 |
| 2025-09-17 | 12.13 |
| 2025-09-16 | 12.14 |
| 2025-09-15 | 11.99 |
| 2025-09-12 | 12.09 |
| 2025-09-11 | 12.06 |
| 2025-09-10 | 12.06 |
| 2025-09-09 | 12.44 |
| 2025-09-08 | 12.37 |
| 2025-09-05 | 12.77 |
| 2025-09-04 | 12.81 |
| 2025-09-03 | 12.52 |
| 2025-09-02 | 11.79 |
| 2025-08-29 | 11.95 |
| 2025-08-28 | 11.91 |
| 2025-08-27 | 12.12 |
| 2025-08-26 | 12.08 |
| 2025-08-25 | 12.05 |
| 2025-08-22 | 13.05 |
| 2025-08-21 | 12.79 |
| 2025-08-20 | 12.96 |
| 2025-08-19 | 12.83 |
| 2025-08-18 | 12.82 |
| 2025-08-15 | 12.84 |
| 2025-08-14 | 12.68 |
| 2025-08-13 | 12.68 |
| 2025-08-12 | 12.72 |
| 2025-08-11 | 12.35 |
| 2025-08-08 | 12.51 |
| 2025-08-07 | 12.12 |
| 2025-08-06 | 12.12 |
| 2025-08-05 | 11.97 |
| 2025-08-04 | 12.10 |
| 2025-08-01 | 12.58 |
| 2025-07-31 | 12.81 |
| 2025-07-30 | 14.13 |
| 2025-07-29 | 16.06 |
| 2025-07-28 | 16.10 |
| 2025-07-25 | 16.00 |
| 2025-07-24 | 15.59 |
| 2025-07-23 | 15.54 |
| 2025-07-22 | 15.30 |
| 2025-07-21 | 15.11 |
| 2025-07-18 | 15.08 |
| 2025-07-17 | 15.12 |
| 2025-07-16 | 15.13 |
| 2025-07-15 | 15.24 |
| 2025-07-14 | 15.34 |
Showing the most recent 260 of 4,658 data points. The chart above shows the full history.