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 9.54 is 197% above its estimated 5-year average of 3.22, near the high end of its estimated 5-year range (1.04–11.28).
As of 2026-10-06T18:07:21.731Z. 43.15% above its estimated 12-month average of 6.66.
Calculation as of: 2026-10-06T18:07:21.731Z.
Quote observation: 2026-10-06T18:05:21.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: a99f3f088f54f9f9c0225e5104dac3e52b54f392bb47ad8d1f9af79329b73e7d
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
9.54
PB RATIO AVG TTM
6.66
PB RATIO AVG 3Y
4.35
PB RATIO AVG 5Y
3.22
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+43.15%
CURRENT VS 3Y AVG
+119.08%
CURRENT VS 5Y AVG
+196.64%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.39
median of 751 covered companies
CURRENT VS SECTOR MEDIAN
+299.16%
vs the sector median at left
Market Cap
$4.39B
PB Ratio
30.72
TTM Avg
15.38
3Y Avg
7.95
5Y Avg
5.98
Market Cap
$4.42B
PB Ratio
N/A
TTM Avg
112.47
3Y Avg
67.16
5Y Avg
67.16
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Edgewise Therapeutics, Inc. (EWTX) | $4.27B | 9.54 | 6.66 | 4.35 | 3.22 |
| Adaptive Biotechnologies Corporation (ADPT)vs › | $4.39B | 30.72 | 15.38 | 7.95 | 5.98 |
| LivaNova PLC (LIVN)vs › | $4.15B | 3.13 | 3.14 | 2.52 | 2.57 |
| Indivior Pharmaceuticals Inc (INDV)vs › | $4.42B | N/A | 112.47 | 67.16 | 67.16 |
| Heartflow, Inc. Common Stock (HTFL)vs › | $4.44B | 15.89 | 9.65 | 9.65 | 9.65 |
| AbCellera Biologics Inc. (ABCL)vs › | $4.03B | 4.50 | 1.85 | 1.26 | 1.77 |
| Relay Therapeutics, Inc. (RLAY)vs › | $4.00B | 4.50 | 3.42 | 1.87 | 2.20 |
| ICU Medical, Inc. (ICUI)vs › | $3.96B | 1.84 | 1.69 | 1.59 | 1.85 |
| Option Care Health, Inc. (OPCH)vs › | $4.66B | 3.70 | 3.24 | 3.55 | 3.83 |
| LifeStance Health Group, Inc. (LFST)vs › | $4.67B | 3.16 | 2.16 | 1.83 | 1.79 |
At 9.54, P/B is above its estimated 5-year median — higher than 97% 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
1.04
median
2.85
estimated 5-year high
11.28
P/B Ratio
9.54
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 | 9.68 |
| 2026-10-02 | 9.95 |
| 2026-10-01 | 9.73 |
| 2026-09-30 | 9.76 |
| 2026-09-29 | 9.42 |
| 2026-09-28 | 9.56 |
| 2026-09-25 | 9.45 |
| 2026-09-24 | 9.89 |
| 2026-09-23 | 9.86 |
| 2026-09-22 | 10.70 |
| 2026-09-21 | 10.73 |
| 2026-09-18 | 10.89 |
| 2026-09-17 | 11.28 |
| 2026-09-16 | 10.92 |
| 2026-09-15 | 10.48 |
| 2026-09-14 | 10.72 |
| 2026-09-11 | 10.67 |
| 2026-09-10 | 10.31 |
| 2026-09-09 | 10.43 |
| 2026-09-08 | 10.53 |
| 2026-09-04 | 10.35 |
| 2026-09-03 | 10.08 |
| 2026-09-02 | 10.09 |
| 2026-09-01 | 10.15 |
| 2026-08-31 | 10.04 |
| 2026-08-28 | 10.27 |
| 2026-08-27 | 10.62 |
| 2026-08-26 | 10.66 |
| 2026-08-25 | 10.62 |
| 2026-08-24 | 10.75 |
| 2026-08-21 | 10.62 |
| 2026-08-20 | 10.40 |
| 2026-08-19 | 11.16 |
| 2026-08-18 | 10.60 |
| 2026-08-17 | 10.58 |
| 2026-08-14 | 10.61 |
| 2026-08-13 | 10.38 |
| 2026-08-12 | 10.47 |
| 2026-08-11 | 10.65 |
| 2026-08-10 | 10.71 |
| 2026-08-07 | 10.46 |
| 2026-08-06 | 9.65 |
| 2026-08-05 | 9.77 |
| 2026-08-04 | 9.71 |
| 2026-08-03 | 8.34 |
| 2026-07-31 | 8.35 |
| 2026-07-30 | 8.93 |
| 2026-07-29 | 8.63 |
| 2026-07-28 | 8.76 |
| 2026-07-27 | 9.03 |
| 2026-07-24 | 8.87 |
| 2026-07-23 | 8.53 |
| 2026-07-22 | 8.32 |
| 2026-07-21 | 8.60 |
| 2026-07-20 | 8.43 |
| 2026-07-17 | 8.64 |
| 2026-07-16 | 8.29 |
| 2026-07-15 | 8.87 |
| 2026-07-14 | 8.63 |
| 2026-07-13 | 8.96 |
| 2026-07-10 | 9.86 |
| 2026-07-09 | 10.50 |
| 2026-07-08 | 10.06 |
| 2026-07-07 | 9.37 |
| 2026-07-06 | 8.71 |
| 2026-07-02 | 8.59 |
| 2026-07-01 | 8.50 |
| 2026-06-30 | 8.82 |
| 2026-06-29 | 8.89 |
| 2026-06-26 | 9.00 |
| 2026-06-25 | 9.05 |
| 2026-06-24 | 9.19 |
| 2026-06-23 | 8.43 |
| 2026-06-22 | 7.93 |
| 2026-06-18 | 7.99 |
| 2026-06-17 | 7.56 |
| 2026-06-16 | 7.37 |
| 2026-06-15 | 7.65 |
| 2026-06-12 | 7.56 |
| 2026-06-11 | 7.37 |
| 2026-06-10 | 7.15 |
| 2026-06-09 | 7.40 |
| 2026-06-08 | 7.57 |
| 2026-06-05 | 7.73 |
| 2026-06-04 | 8.09 |
| 2026-06-03 | 7.86 |
| 2026-06-02 | 8.09 |
| 2026-06-01 | 8.74 |
| 2026-05-29 | 7.42 |
| 2026-05-28 | 7.23 |
| 2026-05-27 | 7.28 |
| 2026-05-26 | 7.29 |
| 2026-05-22 | 7.10 |
| 2026-05-21 | 7.10 |
| 2026-05-20 | 7.13 |
| 2026-05-19 | 6.83 |
| 2026-05-18 | 6.89 |
| 2026-05-15 | 7.19 |
| 2026-05-14 | 7.39 |
| 2026-05-13 | 7.33 |
| 2026-05-12 | 7.39 |
| 2026-05-11 | 7.51 |
| 2026-05-08 | 7.67 |
| 2026-05-07 | 7.01 |
| 2026-05-06 | 7.29 |
| 2026-05-05 | 7.49 |
| 2026-05-04 | 6.20 |
| 2026-05-01 | 6.03 |
| 2026-04-30 | 6.10 |
| 2026-04-29 | 6.00 |
| 2026-04-28 | 6.11 |
| 2026-04-27 | 6.04 |
| 2026-04-24 | 6.22 |
| 2026-04-23 | 6.16 |
| 2026-04-22 | 6.34 |
| 2026-04-21 | 6.40 |
| 2026-04-20 | 6.70 |
| 2026-04-17 | 6.79 |
| 2026-04-16 | 6.53 |
| 2026-04-15 | 6.64 |
| 2026-04-14 | 6.54 |
| 2026-04-13 | 6.67 |
| 2026-04-10 | 6.47 |
| 2026-04-09 | 6.61 |
| 2026-04-08 | 6.51 |
| 2026-04-07 | 6.41 |
| 2026-04-06 | 6.47 |
| 2026-04-02 | 6.57 |
| 2026-04-01 | 6.53 |
| 2026-03-31 | 6.21 |
| 2026-03-30 | 5.97 |
| 2026-03-27 | 6.08 |
| 2026-03-26 | 6.24 |
| 2026-03-25 | 6.30 |
| 2026-03-24 | 6.04 |
| 2026-03-23 | 5.87 |
| 2026-03-20 | 5.73 |
| 2026-03-19 | 5.92 |
| 2026-03-18 | 5.85 |
| 2026-03-17 | 6.01 |
| 2026-03-16 | 5.87 |
| 2026-03-13 | 5.83 |
| 2026-03-12 | 5.90 |
| 2026-03-11 | 6.11 |
| 2026-03-10 | 5.77 |
| 2026-03-09 | 5.65 |
| 2026-03-06 | 5.48 |
| 2026-03-05 | 5.60 |
| 2026-03-04 | 5.69 |
| 2026-03-03 | 5.68 |
| 2026-03-02 | 5.85 |
| 2026-02-27 | 6.00 |
| 2026-02-26 | 5.60 |
| 2026-02-25 | 5.69 |
| 2026-02-24 | 5.84 |
| 2026-02-23 | 5.68 |
| 2026-02-20 | 5.53 |
| 2026-02-19 | 5.57 |
| 2026-02-18 | 5.69 |
| 2026-02-17 | 5.68 |
| 2026-02-13 | 5.67 |
| 2026-02-12 | 5.73 |
| 2026-02-11 | 5.79 |
| 2026-02-10 | 5.85 |
| 2026-02-09 | 5.71 |
| 2026-02-06 | 5.50 |
| 2026-02-05 | 5.13 |
| 2026-02-04 | 5.38 |
| 2026-02-03 | 5.60 |
| 2026-02-02 | 5.46 |
| 2026-01-30 | 5.32 |
| 2026-01-29 | 5.43 |
| 2026-01-28 | 5.42 |
| 2026-01-27 | 5.54 |
| 2026-01-26 | 5.29 |
| 2026-01-23 | 5.40 |
| 2026-01-22 | 5.62 |
| 2026-01-21 | 5.52 |
| 2026-01-20 | 5.43 |
| 2026-01-16 | 5.17 |
| 2026-01-15 | 5.02 |
| 2026-01-14 | 5.32 |
| 2026-01-13 | 4.71 |
| 2026-01-12 | 4.56 |
| 2026-01-09 | 4.70 |
| 2026-01-08 | 4.72 |
| 2026-01-07 | 4.66 |
| 2026-01-06 | 4.33 |
| 2026-01-05 | 4.45 |
| 2026-01-02 | 4.48 |
| 2025-12-31 | 4.69 |
| 2025-12-30 | 4.63 |
| 2025-12-29 | 4.65 |
| 2025-12-26 | 4.98 |
| 2025-12-24 | 5.15 |
| 2025-12-23 | 4.11 |
| 2025-12-22 | 3.95 |
| 2025-12-19 | 4.82 |
| 2025-12-18 | 3.99 |
| 2025-12-17 | 4.21 |
| 2025-12-16 | 4.30 |
| 2025-12-15 | 4.52 |
| 2025-12-12 | 4.46 |
| 2025-12-11 | 4.42 |
| 2025-12-10 | 4.48 |
| 2025-12-09 | 4.41 |
| 2025-12-08 | 4.45 |
| 2025-12-05 | 4.45 |
| 2025-12-04 | 4.48 |
| 2025-12-03 | 4.40 |
| 2025-12-02 | 4.34 |
| 2025-12-01 | 4.77 |
| 2025-11-28 | 4.92 |
| 2025-11-26 | 4.82 |
| 2025-11-25 | 4.54 |
| 2025-11-24 | 4.43 |
| 2025-11-21 | 4.28 |
| 2025-11-20 | 4.20 |
| 2025-11-19 | 4.22 |
| 2025-11-18 | 4.18 |
| 2025-11-17 | 4.20 |
| 2025-11-14 | 4.30 |
| 2025-11-13 | 3.86 |
| 2025-11-12 | 4.00 |
| 2025-11-11 | 4.06 |
| 2025-11-10 | 3.45 |
| 2025-11-07 | 3.24 |
| 2025-11-06 | 3.04 |
| 2025-11-05 | 3.09 |
| 2025-11-04 | 3.09 |
| 2025-11-03 | 3.20 |
| 2025-10-31 | 3.26 |
| 2025-10-30 | 3.33 |
| 2025-10-29 | 2.91 |
| 2025-10-28 | 2.93 |
| 2025-10-27 | 2.86 |
| 2025-10-24 | 2.70 |
| 2025-10-23 | 2.69 |
| 2025-10-22 | 2.65 |
| 2025-10-21 | 2.76 |
| 2025-10-20 | 2.74 |
| 2025-10-17 | 2.68 |
| 2025-10-16 | 2.73 |
| 2025-10-15 | 2.78 |
| 2025-10-14 | 2.62 |
| 2025-10-13 | 2.62 |
| 2025-10-10 | 2.69 |
| 2025-10-09 | 2.86 |
| 2025-10-08 | 2.73 |
| 2025-10-07 | 2.70 |
| 2025-10-06 | 2.73 |
| 2025-10-03 | 2.79 |
| 2025-10-02 | 2.67 |
| 2025-10-01 | 2.75 |
| 2025-09-30 | 2.89 |
| 2025-09-29 | 2.81 |
| 2025-09-26 | 2.86 |
| 2025-09-25 | 2.65 |
| 2025-09-24 | 2.96 |
| 2025-09-23 | 2.69 |
Showing the most recent 260 of 1,294 data points. The chart above shows the full history.
