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 3.51 is 43% above its estimated 5-year average of 2.45, around the middle of its estimated 5-year range (0.72–5.57).
As of 2026-10-06T18:02:03.960Z. 0.46% below its estimated 12-month average of 3.53.
Calculation as of: 2026-10-06T18:02:03.960Z.
Quote observation: 2026-10-06T18:00:13.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 86fff216fe9f4e43fb815e843488a8aee31e33e8cf855d0ea3412f6f5fc7b913
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
3.51
PB RATIO AVG TTM
3.53
PB RATIO AVG 3Y
2.16
PB RATIO AVG 5Y
2.45
PB RATIO AVG 10Y
2.57
PB RATIO AVG 15Y
2.65
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-0.46%
CURRENT VS 3Y AVG
+62.82%
CURRENT VS 5Y AVG
+43.01%
CURRENT VS 10Y AVG
+36.41%
CURRENT VS 15Y AVG
+32.32%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.39
median of 751 covered companies
CURRENT VS SECTOR MEDIAN
+46.86%
vs the sector median at left
Enanta Pharmaceuticals, Inc.
Market Cap
$354.26M
PB Ratio
3.51
TTM Avg
3.53
3Y Avg
2.16
5Y Avg
2.45
Market Cap
$352.99M
PB Ratio
1.02
TTM Avg
1.45
3Y Avg
1.04
5Y Avg
1.04
Market Cap
$352.93M
PB Ratio
8.32
TTM Avg
8.65
3Y Avg
27.40
5Y Avg
29.96
Market Cap
$352.10M
PB Ratio
18.22
TTM Avg
55.00
3Y Avg
37.53
5Y Avg
27.94
Market Cap
$358.65M
PB Ratio
522.13
TTM Avg
168.03
3Y Avg
168.03
5Y Avg
168.03
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enanta Pharmaceuticals, Inc. (ENTA) | $354.26M | 3.51 | 3.53 | 2.16 | 2.45 |
| Artiva Biotherapeutics, Inc. (ARTV)vs › | $352.99M | 1.02 | 1.45 | 1.04 | 1.04 |
| Fennec Pharmaceuticals Inc. (FENC)vs › | $352.93M | 8.32 | 8.65 | 27.40 | 29.96 |
| Viemed Healthcare, Inc. (VMD)vs › | $355.93M | 2.47 | 2.55 | 2.56 | 2.71 |
| Ocugen, Inc. (OCGN)vs › | $356.07M | N/A | 110.74 | 38.62 | 24.97 |
| Orchestra BioMed Holdings, Inc. (OBIO)vs › | $352.10M | 18.22 | 55.00 | 37.53 | 27.94 |
| Turn Therapeutics Inc. (TTRX)vs › | $358.65M | 522.13 | 168.03 | 168.03 | 168.03 |
| Relmada Therapeutics, Inc. (RLMD)vs › | $348.76M | 1.69 | 7.61 | 2.92 | 1.95 |
| Opus Genetics, Inc. (IRD)vs › | $361.53M | N/A | 47.62 | 29.95 | 29.95 |
| Embecta Corp. (EMBC)vs › | $361.60M | N/A | N/A | N/A | N/A |
At 3.51, P/B is above its estimated 14-year median — higher than 77% 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
0.62
median
2.49
estimated 14-year high
7.27
P/B Ratio
3.51
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 | 3.63 |
| 2026-10-02 | 3.73 |
| 2026-10-01 | 3.70 |
| 2026-09-30 | 3.79 |
| 2026-09-29 | 3.64 |
| 2026-09-28 | 3.63 |
| 2026-09-25 | 3.42 |
| 2026-09-24 | 3.45 |
| 2026-09-23 | 3.44 |
| 2026-09-22 | 3.57 |
| 2026-09-21 | 3.49 |
| 2026-09-18 | 3.51 |
| 2026-09-17 | 3.60 |
| 2026-09-16 | 3.66 |
| 2026-09-15 | 3.54 |
| 2026-09-14 | 3.78 |
| 2026-09-11 | 3.73 |
| 2026-09-10 | 3.66 |
| 2026-09-09 | 3.81 |
| 2026-09-08 | 3.89 |
| 2026-09-04 | 4.05 |
| 2026-09-03 | 4.04 |
| 2026-09-02 | 4.06 |
| 2026-09-01 | 3.89 |
| 2026-08-31 | 3.84 |
| 2026-08-28 | 3.91 |
| 2026-08-27 | 3.97 |
| 2026-08-26 | 4.07 |
| 2026-08-25 | 4.05 |
| 2026-08-24 | 4.06 |
| 2026-08-21 | 3.88 |
| 2026-08-20 | 3.78 |
| 2026-08-19 | 3.89 |
| 2026-08-18 | 3.83 |
| 2026-08-17 | 3.69 |
| 2026-08-14 | 3.79 |
| 2026-08-13 | 3.87 |
| 2026-08-12 | 3.36 |
| 2026-08-11 | 3.37 |
| 2026-08-10 | 3.44 |
| 2026-08-07 | 3.43 |
| 2026-08-06 | 3.32 |
| 2026-08-05 | 3.29 |
| 2026-08-04 | 3.32 |
| 2026-08-03 | 3.23 |
| 2026-07-31 | 3.14 |
| 2026-07-30 | 3.24 |
| 2026-07-29 | 3.10 |
| 2026-07-28 | 3.14 |
| 2026-07-27 | 3.17 |
| 2026-07-24 | 3.18 |
| 2026-07-23 | 3.23 |
| 2026-07-22 | 3.25 |
| 2026-07-21 | 3.34 |
| 2026-07-20 | 3.28 |
| 2026-07-17 | 3.42 |
| 2026-07-16 | 3.29 |
| 2026-07-15 | 3.30 |
| 2026-07-14 | 3.27 |
| 2026-07-13 | 3.40 |
| 2026-07-10 | 3.41 |
| 2026-07-09 | 3.55 |
| 2026-07-08 | 3.61 |
| 2026-07-07 | 3.55 |
| 2026-07-06 | 3.61 |
| 2026-07-02 | 3.76 |
| 2026-07-01 | 3.68 |
| 2026-06-30 | 3.63 |
| 2026-06-29 | 3.61 |
| 2026-06-26 | 3.49 |
| 2026-06-25 | 3.35 |
| 2026-06-24 | 3.42 |
| 2026-06-23 | 3.50 |
| 2026-06-22 | 3.33 |
| 2026-06-18 | 3.15 |
| 2026-06-17 | 3.15 |
| 2026-06-16 | 3.01 |
| 2026-06-15 | 2.85 |
| 2026-06-12 | 2.96 |
| 2026-06-11 | 2.87 |
| 2026-06-10 | 2.91 |
| 2026-06-09 | 2.83 |
| 2026-06-08 | 2.76 |
| 2026-06-05 | 2.81 |
| 2026-06-04 | 2.92 |
| 2026-06-03 | 2.80 |
| 2026-06-02 | 3.00 |
| 2026-06-01 | 3.16 |
| 2026-05-29 | 3.28 |
| 2026-05-28 | 3.30 |
| 2026-05-27 | 3.29 |
| 2026-05-26 | 3.37 |
| 2026-05-22 | 3.47 |
| 2026-05-21 | 3.44 |
| 2026-05-20 | 3.39 |
| 2026-05-19 | 3.43 |
| 2026-05-18 | 3.35 |
| 2026-05-15 | 3.34 |
| 2026-05-14 | 3.44 |
| 2026-05-13 | 3.19 |
| 2026-05-12 | 3.30 |
| 2026-05-11 | 3.51 |
| 2026-05-08 | 3.48 |
| 2026-05-07 | 3.43 |
| 2026-05-06 | 3.46 |
| 2026-05-05 | 3.29 |
| 2026-05-04 | 3.30 |
| 2026-05-01 | 3.26 |
| 2026-04-30 | 3.15 |
| 2026-04-29 | 3.15 |
| 2026-04-28 | 3.11 |
| 2026-04-27 | 3.02 |
| 2026-04-24 | 3.02 |
| 2026-04-23 | 3.03 |
| 2026-04-22 | 3.13 |
| 2026-04-21 | 3.01 |
| 2026-04-20 | 3.13 |
| 2026-04-17 | 3.18 |
| 2026-04-16 | 3.19 |
| 2026-04-15 | 3.30 |
| 2026-04-14 | 3.32 |
| 2026-04-13 | 3.24 |
| 2026-04-10 | 3.20 |
| 2026-04-09 | 3.17 |
| 2026-04-08 | 3.13 |
| 2026-04-07 | 3.05 |
| 2026-04-06 | 3.01 |
| 2026-04-02 | 2.98 |
| 2026-04-01 | 2.95 |
| 2026-03-31 | 2.87 |
| 2026-03-30 | 2.77 |
| 2026-03-27 | 2.77 |
| 2026-03-26 | 2.84 |
| 2026-03-25 | 2.76 |
| 2026-03-24 | 2.74 |
| 2026-03-23 | 2.87 |
| 2026-03-20 | 2.84 |
| 2026-03-19 | 2.95 |
| 2026-03-18 | 2.88 |
| 2026-03-17 | 3.01 |
| 2026-03-16 | 2.93 |
| 2026-03-13 | 2.88 |
| 2026-03-12 | 3.05 |
| 2026-03-11 | 3.22 |
| 2026-03-10 | 3.17 |
| 2026-03-09 | 3.15 |
| 2026-03-06 | 3.07 |
| 2026-03-05 | 3.12 |
| 2026-03-04 | 3.50 |
| 2026-03-03 | 3.34 |
| 2026-03-02 | 3.30 |
| 2026-02-27 | 3.25 |
| 2026-02-26 | 3.27 |
| 2026-02-25 | 3.32 |
| 2026-02-24 | 3.35 |
| 2026-02-23 | 3.06 |
| 2026-02-20 | 3.07 |
| 2026-02-19 | 3.18 |
| 2026-02-18 | 3.15 |
| 2026-02-17 | 3.15 |
| 2026-02-13 | 3.15 |
| 2026-02-12 | 3.14 |
| 2026-02-11 | 4.71 |
| 2026-02-10 | 4.67 |
| 2026-02-09 | 4.57 |
| 2026-02-06 | 4.46 |
| 2026-02-05 | 4.28 |
| 2026-02-04 | 4.45 |
| 2026-02-03 | 4.48 |
| 2026-02-02 | 4.36 |
| 2026-01-30 | 4.26 |
| 2026-01-29 | 4.26 |
| 2026-01-28 | 4.18 |
| 2026-01-27 | 4.29 |
| 2026-01-26 | 4.27 |
| 2026-01-23 | 4.30 |
| 2026-01-22 | 4.23 |
| 2026-01-21 | 4.15 |
| 2026-01-20 | 4.13 |
| 2026-01-16 | 4.17 |
| 2026-01-15 | 4.41 |
| 2026-01-14 | 4.57 |
| 2026-01-13 | 4.34 |
| 2026-01-12 | 4.26 |
| 2026-01-09 | 4.33 |
| 2026-01-08 | 4.44 |
| 2026-01-07 | 4.59 |
| 2026-01-06 | 4.49 |
| 2026-01-05 | 4.60 |
| 2026-01-02 | 4.76 |
| 2025-12-31 | 5.21 |
| 2025-12-30 | 5.25 |
| 2025-12-29 | 5.43 |
| 2025-12-26 | 5.57 |
| 2025-12-24 | 5.48 |
| 2025-12-23 | 5.19 |
| 2025-12-22 | 5.36 |
| 2025-12-19 | 5.08 |
| 2025-12-18 | 4.80 |
| 2025-12-17 | 4.71 |
| 2025-12-16 | 4.91 |
| 2025-12-15 | 4.91 |
| 2025-12-12 | 4.87 |
| 2025-12-11 | 4.67 |
| 2025-12-10 | 4.75 |
| 2025-12-09 | 4.84 |
| 2025-12-08 | 4.68 |
| 2025-12-05 | 4.82 |
| 2025-12-04 | 4.65 |
| 2025-12-03 | 4.70 |
| 2025-12-02 | 4.61 |
| 2025-12-01 | 4.67 |
| 2025-11-28 | 4.66 |
| 2025-11-26 | 4.61 |
| 2025-11-25 | 4.51 |
| 2025-11-24 | 4.51 |
| 2025-11-21 | 4.21 |
| 2025-11-20 | 4.01 |
| 2025-11-19 | 3.26 |
| 2025-11-18 | 3.32 |
| 2025-11-17 | 3.45 |
| 2025-11-14 | 3.24 |
| 2025-11-13 | 3.15 |
| 2025-11-12 | 3.21 |
| 2025-11-11 | 3.24 |
| 2025-11-10 | 3.10 |
| 2025-11-07 | 2.96 |
| 2025-11-06 | 2.90 |
| 2025-11-05 | 2.94 |
| 2025-11-04 | 2.91 |
| 2025-11-03 | 2.91 |
| 2025-10-31 | 2.95 |
| 2025-10-30 | 2.92 |
| 2025-10-29 | 2.86 |
| 2025-10-28 | 2.82 |
| 2025-10-27 | 2.82 |
| 2025-10-24 | 2.83 |
| 2025-10-23 | 2.87 |
| 2025-10-22 | 2.82 |
| 2025-10-21 | 2.96 |
| 2025-10-20 | 2.99 |
| 2025-10-17 | 2.96 |
| 2025-10-16 | 3.06 |
| 2025-10-15 | 3.14 |
| 2025-10-14 | 2.95 |
| 2025-10-13 | 3.09 |
| 2025-10-10 | 2.96 |
| 2025-10-09 | 3.08 |
| 2025-10-08 | 3.04 |
| 2025-10-07 | 2.98 |
| 2025-10-06 | 3.05 |
| 2025-10-03 | 2.78 |
| 2025-10-02 | 2.78 |
| 2025-10-01 | 2.85 |
| 2025-09-30 | 3.22 |
| 2025-09-29 | 4.08 |
| 2025-09-26 | 2.12 |
| 2025-09-25 | 2.08 |
| 2025-09-24 | 2.10 |
| 2025-09-23 | 1.93 |
Showing the most recent 260 of 3,092 data points. The chart above shows the full history.