Basis: FMP quote market capitalization / matching reported stockholders equity. 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 4.06 is 83% below its estimated 5-year average of 24.52, near the low end of its estimated 5-year range (3.49–102.18).
As of 2026-09-12T00:15:29.934Z. 17.92% below its estimated 12-month average of 4.95.
Calculation as of: 2026-09-12T00:15:29.934Z.
Quote observation: 2026-09-11T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: e4244054675b99b684e7ad72bcc3858181f21a0a1099bdab27c3ddf9ec3df44c
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 2026-09-10.
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
4.06
PB RATIO AVG TTM
4.95
PB RATIO AVG 3Y
10.37
PB RATIO AVG 5Y
24.52
PB RATIO AVG 10Y
27.92
PB RATIO AVG 15Y
19.32
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-17.92%
CURRENT VS 3Y AVG
-60.86%
CURRENT VS 5Y AVG
-83.44%
CURRENT VS 10Y AVG
-85.46%
CURRENT VS 15Y AVG
-78.99%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
2.65
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+53.21%
vs the sector median at left
Market Cap
$5.08B
PB Ratio
4.35
TTM Avg
3.36
3Y Avg
3.53
5Y Avg
3.29
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enphase Energy, Inc. (ENPH) | $4.80B | 4.06 | 4.95 | 10.37 | 24.52 |
| California Resources Corp (CRC)vs › | $5.04B | 1.48 | 1.44 | 1.49 | 1.82 |
| Oceaneering International, Inc. (OII)vs › | $5.08B | 4.35 | 3.36 | 3.53 | 3.29 |
| Helmerich & Payne, Inc. (HP)vs › | $4.40B | 1.71 | 1.26 | 1.17 | 1.30 |
| Weatherford International plc (WFRD)vs › | $6.37B | 3.56 | 3.79 | 5.40 | 5.59 |
| Centrus Energy Corp. (LEU)vs › | $2.89B | 3.41 | 9.83 | 12.98 | 12.98 |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.11B | 5.12 | 5.48 | 2.84 | 5.45 |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $7.95B | 2.38 | 2.51 | 2.92 | 2.43 |
| Natural Resource Partners L.P. (NRP)vs › | $1.47B | 2.26 | 2.37 | 2.40 | 2.04 |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.43B | 4.70 | 3.93 | 5.01 | 5.58 |
At 4.06, P/B is below its estimated 14-year median — higher than 12% of readings in its estimated 14-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 14-year low
1.24
median
14.21
estimated 14-year high
232.01
P/B Ratio
4.06
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 |
|---|---|
| 2026-09-10 | 4.14 |
| 2026-09-09 | 4.13 |
| 2026-09-08 | 4.36 |
| 2026-09-04 | 4.09 |
| 2026-09-03 | 4.08 |
| 2026-09-02 | 3.99 |
| 2026-09-01 | 3.99 |
| 2026-08-31 | 4.09 |
| 2026-08-28 | 4.19 |
| 2026-08-27 | 4.41 |
| 2026-08-26 | 4.32 |
| 2026-08-25 | 4.20 |
| 2026-08-24 | 4.18 |
| 2026-08-21 | 4.34 |
| 2026-08-20 | 4.31 |
| 2026-08-19 | 4.42 |
| 2026-08-18 | 4.22 |
| 2026-08-17 | 4.34 |
| 2026-08-14 | 4.55 |
| 2026-08-13 | 4.58 |
| 2026-08-12 | 4.58 |
| 2026-08-11 | 4.75 |
| 2026-08-10 | 4.60 |
| 2026-08-07 | 4.70 |
| 2026-08-06 | 4.46 |
| 2026-08-05 | 4.38 |
| 2026-08-04 | 4.69 |
| 2026-08-03 | 4.42 |
| 2026-07-31 | 4.22 |
| 2026-07-30 | 4.20 |
| 2026-07-29 | 3.94 |
| 2026-07-28 | 4.33 |
| 2026-07-27 | 4.53 |
| 2026-07-24 | 4.37 |
| 2026-07-23 | 4.63 |
| 2026-07-22 | 4.72 |
| 2026-07-21 | 4.76 |
| 2026-07-20 | 4.70 |
| 2026-07-17 | 4.95 |
| 2026-07-16 | 4.89 |
| 2026-07-15 | 5.25 |
| 2026-07-14 | 5.36 |
| 2026-07-13 | 5.13 |
| 2026-07-10 | 5.34 |
| 2026-07-09 | 5.35 |
| 2026-07-08 | 5.13 |
| 2026-07-07 | 5.12 |
| 2026-07-06 | 5.31 |
| 2026-07-02 | 5.13 |
| 2026-07-01 | 5.58 |
| 2026-06-30 | 5.87 |
| 2026-06-29 | 5.76 |
| 2026-06-26 | 5.67 |
| 2026-06-25 | 5.62 |
| 2026-06-24 | 5.70 |
| 2026-06-23 | 5.63 |
| 2026-06-22 | 6.24 |
| 2026-06-18 | 6.23 |
| 2026-06-17 | 5.69 |
| 2026-06-16 | 5.99 |
| 2026-06-15 | 6.24 |
| 2026-06-12 | 6.50 |
| 2026-06-11 | 6.54 |
| 2026-06-10 | 6.03 |
| 2026-06-09 | 6.38 |
| 2026-06-08 | 6.78 |
| 2026-06-05 | 6.68 |
| 2026-06-04 | 8.15 |
| 2026-06-03 | 8.22 |
| 2026-06-02 | 8.62 |
| 2026-06-01 | 7.59 |
| 2026-05-29 | 8.14 |
| 2026-05-28 | 8.28 |
| 2026-05-27 | 8.37 |
| 2026-05-26 | 7.97 |
| 2026-05-22 | 7.63 |
| 2026-05-21 | 7.43 |
| 2026-05-20 | 6.33 |
| 2026-05-19 | 5.57 |
| 2026-05-18 | 5.92 |
| 2026-05-15 | 6.30 |
| 2026-05-14 | 5.72 |
| 2026-05-13 | 5.00 |
| 2026-05-12 | 4.47 |
| 2026-05-11 | 4.49 |
| 2026-05-08 | 4.34 |
| 2026-05-07 | 4.23 |
| 2026-05-06 | 4.27 |
| 2026-05-05 | 4.29 |
| 2026-05-04 | 3.88 |
| 2026-05-01 | 4.03 |
| 2026-04-30 | 3.93 |
| 2026-04-29 | 3.72 |
| 2026-04-28 | 4.21 |
| 2026-04-27 | 4.33 |
| 2026-04-24 | 4.39 |
| 2026-04-23 | 4.44 |
| 2026-04-22 | 4.34 |
| 2026-04-21 | 4.13 |
| 2026-04-20 | 4.16 |
| 2026-04-17 | 3.99 |
| 2026-04-16 | 3.92 |
| 2026-04-15 | 3.95 |
| 2026-04-14 | 3.93 |
| 2026-04-13 | 3.85 |
| 2026-04-10 | 3.83 |
| 2026-04-09 | 3.84 |
| 2026-04-08 | 4.00 |
| 2026-04-07 | 3.93 |
| 2026-04-06 | 4.13 |
| 2026-04-02 | 4.29 |
| 2026-04-01 | 4.70 |
| 2026-03-31 | 4.64 |
| 2026-03-30 | 4.38 |
| 2026-03-27 | 4.65 |
| 2026-03-26 | 4.93 |
| 2026-03-25 | 5.22 |
| 2026-03-24 | 5.03 |
| 2026-03-23 | 5.00 |
| 2026-03-20 | 5.42 |
| 2026-03-19 | 5.48 |
| 2026-03-18 | 5.31 |
| 2026-03-17 | 5.49 |
| 2026-03-16 | 5.63 |
| 2026-03-13 | 5.41 |
| 2026-03-12 | 5.23 |
| 2026-03-11 | 5.32 |
| 2026-03-10 | 5.35 |
| 2026-03-09 | 5.02 |
| 2026-03-06 | 4.94 |
| 2026-03-05 | 5.05 |
| 2026-03-04 | 5.24 |
| 2026-03-03 | 5.30 |
| 2026-03-02 | 5.49 |
| 2026-02-27 | 5.19 |
| 2026-02-26 | 5.62 |
| 2026-02-25 | 5.95 |
| 2026-02-24 | 6.11 |
| 2026-02-23 | 5.82 |
| 2026-02-20 | 5.72 |
| 2026-02-19 | 5.43 |
| 2026-02-18 | 5.65 |
| 2026-02-17 | 5.60 |
| 2026-02-13 | 5.81 |
| 2026-02-12 | 5.90 |
| 2026-02-11 | 6.45 |
| 2026-02-10 | 6.72 |
| 2026-02-09 | 6.72 |
| 2026-02-06 | 6.66 |
| 2026-02-05 | 6.32 |
| 2026-02-04 | 6.91 |
| 2026-02-03 | 4.98 |
| 2026-02-02 | 4.87 |
| 2026-01-30 | 4.94 |
| 2026-01-29 | 5.11 |
| 2026-01-28 | 5.41 |
| 2026-01-27 | 5.34 |
| 2026-01-26 | 5.27 |
| 2026-01-23 | 5.27 |
| 2026-01-22 | 5.41 |
| 2026-01-21 | 4.81 |
| 2026-01-20 | 4.61 |
| 2026-01-16 | 4.68 |
| 2026-01-15 | 4.73 |
| 2026-01-14 | 4.83 |
| 2026-01-13 | 4.86 |
| 2026-01-12 | 4.90 |
| 2026-01-09 | 4.71 |
| 2026-01-08 | 4.74 |
| 2026-01-07 | 4.64 |
| 2026-01-06 | 4.64 |
| 2026-01-05 | 4.54 |
| 2026-01-02 | 4.51 |
| 2025-12-31 | 4.28 |
| 2025-12-30 | 4.30 |
| 2025-12-29 | 4.43 |
| 2025-12-26 | 4.41 |
| 2025-12-24 | 4.39 |
| 2025-12-23 | 4.31 |
| 2025-12-22 | 4.48 |
| 2025-12-19 | 4.44 |
| 2025-12-18 | 4.41 |
| 2025-12-17 | 4.23 |
| 2025-12-16 | 4.26 |
| 2025-12-15 | 4.19 |
| 2025-12-12 | 4.30 |
| 2025-12-11 | 4.41 |
| 2025-12-10 | 4.38 |
| 2025-12-09 | 4.22 |
| 2025-12-08 | 4.18 |
| 2025-12-05 | 4.18 |
| 2025-12-04 | 4.11 |
| 2025-12-03 | 3.93 |
| 2025-12-02 | 3.89 |
| 2025-12-01 | 3.82 |
| 2025-11-28 | 3.86 |
| 2025-11-26 | 3.72 |
| 2025-11-25 | 3.70 |
| 2025-11-24 | 3.58 |
| 2025-11-21 | 3.60 |
| 2025-11-20 | 3.49 |
| 2025-11-19 | 3.59 |
| 2025-11-18 | 3.69 |
| 2025-11-17 | 3.68 |
| 2025-11-14 | 3.83 |
| 2025-11-13 | 3.86 |
| 2025-11-12 | 4.10 |
| 2025-11-11 | 4.12 |
| 2025-11-10 | 4.39 |
| 2025-11-07 | 4.04 |
| 2025-11-06 | 4.17 |
| 2025-11-05 | 4.30 |
| 2025-11-04 | 3.88 |
| 2025-11-03 | 3.94 |
| 2025-10-31 | 4.08 |
| 2025-10-30 | 4.03 |
| 2025-10-29 | 4.16 |
| 2025-10-28 | 5.64 |
| 2025-10-27 | 5.65 |
| 2025-10-24 | 5.56 |
| 2025-10-23 | 5.47 |
| 2025-10-22 | 5.54 |
| 2025-10-21 | 5.70 |
| 2025-10-20 | 5.77 |
| 2025-10-17 | 5.61 |
| 2025-10-16 | 5.77 |
| 2025-10-15 | 5.76 |
| 2025-10-14 | 5.60 |
| 2025-10-13 | 5.35 |
| 2025-10-10 | 5.26 |
| 2025-10-09 | 5.64 |
| 2025-10-08 | 5.53 |
| 2025-10-07 | 5.57 |
| 2025-10-06 | 5.71 |
| 2025-10-03 | 5.65 |
| 2025-10-02 | 5.79 |
| 2025-10-01 | 5.68 |
| 2025-09-30 | 5.43 |
| 2025-09-29 | 5.54 |
| 2025-09-26 | 5.60 |
| 2025-09-25 | 5.69 |
| 2025-09-24 | 5.83 |
| 2025-09-23 | 5.74 |
| 2025-09-22 | 6.22 |
| 2025-09-19 | 5.90 |
| 2025-09-18 | 5.90 |
| 2025-09-17 | 5.95 |
| 2025-09-16 | 5.99 |
| 2025-09-15 | 5.83 |
| 2025-09-12 | 5.78 |
| 2025-09-11 | 5.73 |
| 2025-09-10 | 5.70 |
| 2025-09-09 | 5.83 |
| 2025-09-08 | 5.96 |
| 2025-09-05 | 6.09 |
| 2025-09-04 | 5.61 |
| 2025-09-03 | 5.69 |
| 2025-09-02 | 5.68 |
| 2025-08-29 | 5.79 |
| 2025-08-28 | 5.77 |
Showing the most recent 260 of 3,318 data points. The chart above shows the full history.