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 1.03 is 43% below its estimated 5-year average of 1.81, near the low end of its estimated 5-year range (0.99–3.76).
As of 2026-10-06T18:31:28.496Z. 25.58% below its estimated 12-month average of 1.38.
Calculation as of: 2026-10-06T18:31:28.496Z.
Quote observation: 2026-10-06T18:30:04.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: e852c3bfae1468c4736c9a6409612b8d9bc8a52258ca30f547b8501e052de707
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
1.03
PB RATIO AVG TTM
1.38
PB RATIO AVG 3Y
1.73
PB RATIO AVG 5Y
1.81
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-25.58%
CURRENT VS 3Y AVG
-40.62%
CURRENT VS 5Y AVG
-43.19%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
1.71
median of 267 covered companies
CURRENT VS SECTOR MEDIAN
-39.77%
vs the sector median at left
First Watch Restaurant Group, Inc.
Market Cap
$651.07M
PB Ratio
1.03
TTM Avg
1.38
3Y Avg
1.73
5Y Avg
1.81
Market Cap
$638.13M
PB Ratio
N/A
TTM Avg
313.88
3Y Avg
109.79
5Y Avg
60.44
Market Cap
$631.10M
PB Ratio
0.52
TTM Avg
0.70
3Y Avg
0.73
5Y Avg
1.07
Market Cap
$614.52M
PB Ratio
4.73
TTM Avg
8.65
3Y Avg
7.54
5Y Avg
7.92
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Watch Restaurant Group, Inc. (FWRG) | $651.07M | 1.03 | 1.38 | 1.73 | 1.81 |
| Papa John's International, Inc. (PZZA)vs › | $638.13M | N/A | 313.88 | 109.79 | 60.44 |
| Petco Health and Wellness Company, Inc. (WOOF)vs › | $631.10M | 0.52 | 0.70 | 0.73 | 1.07 |
| Tron Inc. (TRON)vs › | $614.32M | 2.43 | 3.04 | 4.02 | 4.02 |
| Betterware de Mexico, S.A.P.I. de C.V. (BWMX)vs › | $614.52M | 4.73 | 8.65 | 7.54 | 7.92 |
| Legacy Housing Corporation (LEGH)vs › | $694.46M | 1.24 | 1.05 | 1.21 | 1.32 |
| Bloomin' Brands, Inc. (BLMN)vs › | $712.18M | N/A | 1.64 | 4.04 | 6.59 |
| XMAX, Inc. (XMAX)vs › | $557.79M | 5.25 | 7.92 | 7.92 | 7.92 |
| Solid Power, Inc. (SLDP)vs › | $527.59M | 1.05 | 1.78 | 1.03 | 1.16 |
| Kura Sushi USA, Inc. (KRUS)vs › | $484.83M | 2.10 | 2.94 | 4.32 | 5.35 |
At 1.03, P/B is below its estimated 5-year median — higher than 2% 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
0.99
median
1.83
estimated 5-year high
3.76
P/B Ratio
1.03
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 | 1.03 |
| 2026-10-02 | 1.04 |
| 2026-10-01 | 1.00 |
| 2026-09-30 | 1.00 |
| 2026-09-29 | 1.02 |
| 2026-09-28 | 1.00 |
| 2026-09-25 | 1.00 |
| 2026-09-24 | 1.00 |
| 2026-09-23 | 1.00 |
| 2026-09-22 | 1.01 |
| 2026-09-21 | 1.00 |
| 2026-09-18 | 1.00 |
| 2026-09-17 | 0.99 |
| 2026-09-16 | 1.02 |
| 2026-09-15 | 1.03 |
| 2026-09-14 | 1.12 |
| 2026-09-11 | 1.11 |
| 2026-09-10 | 1.10 |
| 2026-09-09 | 1.11 |
| 2026-09-08 | 1.21 |
| 2026-09-04 | 1.18 |
| 2026-09-03 | 1.15 |
| 2026-09-02 | 1.19 |
| 2026-09-01 | 1.19 |
| 2026-08-31 | 1.25 |
| 2026-08-28 | 1.23 |
| 2026-08-27 | 1.22 |
| 2026-08-26 | 1.27 |
| 2026-08-25 | 1.28 |
| 2026-08-24 | 1.29 |
| 2026-08-21 | 1.28 |
| 2026-08-20 | 1.24 |
| 2026-08-19 | 1.23 |
| 2026-08-18 | 1.18 |
| 2026-08-17 | 1.21 |
| 2026-08-14 | 1.25 |
| 2026-08-13 | 1.27 |
| 2026-08-12 | 1.24 |
| 2026-08-11 | 1.16 |
| 2026-08-10 | 1.18 |
| 2026-08-07 | 1.22 |
| 2026-08-06 | 1.22 |
| 2026-08-05 | 1.26 |
| 2026-08-04 | 1.25 |
| 2026-08-03 | 1.22 |
| 2026-07-31 | 1.25 |
| 2026-07-30 | 1.30 |
| 2026-07-29 | 1.29 |
| 2026-07-28 | 1.27 |
| 2026-07-27 | 1.26 |
| 2026-07-24 | 1.18 |
| 2026-07-23 | 1.17 |
| 2026-07-22 | 1.20 |
| 2026-07-21 | 1.21 |
| 2026-07-20 | 1.19 |
| 2026-07-17 | 1.21 |
| 2026-07-16 | 1.19 |
| 2026-07-15 | 1.18 |
| 2026-07-14 | 1.18 |
| 2026-07-13 | 1.19 |
| 2026-07-10 | 1.22 |
| 2026-07-09 | 1.22 |
| 2026-07-08 | 1.21 |
| 2026-07-07 | 1.25 |
| 2026-07-06 | 1.26 |
| 2026-07-02 | 1.28 |
| 2026-07-01 | 1.30 |
| 2026-06-30 | 1.26 |
| 2026-06-29 | 1.27 |
| 2026-06-26 | 1.24 |
| 2026-06-25 | 1.19 |
| 2026-06-24 | 1.18 |
| 2026-06-23 | 1.09 |
| 2026-06-22 | 1.13 |
| 2026-06-18 | 1.15 |
| 2026-06-17 | 1.12 |
| 2026-06-16 | 1.13 |
| 2026-06-15 | 1.16 |
| 2026-06-12 | 1.21 |
| 2026-06-11 | 1.17 |
| 2026-06-10 | 1.07 |
| 2026-06-09 | 1.00 |
| 2026-06-08 | 1.01 |
| 2026-06-05 | 0.99 |
| 2026-06-04 | 1.00 |
| 2026-06-03 | 1.03 |
| 2026-06-02 | 1.02 |
| 2026-06-01 | 1.09 |
| 2026-05-29 | 1.13 |
| 2026-05-28 | 1.14 |
| 2026-05-27 | 1.12 |
| 2026-05-26 | 1.13 |
| 2026-05-22 | 1.12 |
| 2026-05-21 | 1.11 |
| 2026-05-20 | 1.07 |
| 2026-05-19 | 1.06 |
| 2026-05-18 | 1.07 |
| 2026-05-15 | 1.10 |
| 2026-05-14 | 1.05 |
| 2026-05-13 | 1.05 |
| 2026-05-12 | 1.11 |
| 2026-05-11 | 1.14 |
| 2026-05-08 | 1.18 |
| 2026-05-07 | 1.17 |
| 2026-05-06 | 1.19 |
| 2026-05-05 | 1.22 |
| 2026-05-04 | 1.23 |
| 2026-05-01 | 1.31 |
| 2026-04-30 | 1.32 |
| 2026-04-29 | 1.30 |
| 2026-04-28 | 1.29 |
| 2026-04-27 | 1.32 |
| 2026-04-24 | 1.33 |
| 2026-04-23 | 1.33 |
| 2026-04-22 | 1.36 |
| 2026-04-21 | 1.27 |
| 2026-04-20 | 1.29 |
| 2026-04-17 | 1.28 |
| 2026-04-16 | 1.21 |
| 2026-04-15 | 1.18 |
| 2026-04-14 | 1.16 |
| 2026-04-13 | 1.11 |
| 2026-04-10 | 1.15 |
| 2026-04-09 | 1.17 |
| 2026-04-08 | 1.12 |
| 2026-04-07 | 1.09 |
| 2026-04-06 | 1.14 |
| 2026-04-02 | 1.08 |
| 2026-04-01 | 1.10 |
| 2026-03-31 | 1.05 |
| 2026-03-30 | 1.01 |
| 2026-03-27 | 1.03 |
| 2026-03-26 | 1.09 |
| 2026-03-25 | 1.13 |
| 2026-03-24 | 1.15 |
| 2026-03-23 | 1.24 |
| 2026-03-20 | 1.22 |
| 2026-03-19 | 1.24 |
| 2026-03-18 | 1.24 |
| 2026-03-17 | 1.27 |
| 2026-03-16 | 1.20 |
| 2026-03-13 | 1.16 |
| 2026-03-12 | 1.17 |
| 2026-03-11 | 1.25 |
| 2026-03-10 | 1.26 |
| 2026-03-09 | 1.27 |
| 2026-03-06 | 1.30 |
| 2026-03-05 | 1.30 |
| 2026-03-04 | 1.20 |
| 2026-03-03 | 1.24 |
| 2026-03-02 | 1.25 |
| 2026-02-27 | 1.25 |
| 2026-02-26 | 1.32 |
| 2026-02-25 | 1.26 |
| 2026-02-24 | 1.27 |
| 2026-02-23 | 1.60 |
| 2026-02-20 | 1.65 |
| 2026-02-19 | 1.62 |
| 2026-02-18 | 1.65 |
| 2026-02-17 | 1.63 |
| 2026-02-13 | 1.59 |
| 2026-02-12 | 1.63 |
| 2026-02-11 | 1.72 |
| 2026-02-10 | 1.77 |
| 2026-02-09 | 1.80 |
| 2026-02-06 | 1.81 |
| 2026-02-05 | 1.76 |
| 2026-02-04 | 1.78 |
| 2026-02-03 | 1.74 |
| 2026-02-02 | 1.67 |
| 2026-01-30 | 1.65 |
| 2026-01-29 | 1.67 |
| 2026-01-28 | 1.68 |
| 2026-01-27 | 1.66 |
| 2026-01-26 | 1.67 |
| 2026-01-23 | 1.71 |
| 2026-01-22 | 1.75 |
| 2026-01-21 | 1.73 |
| 2026-01-20 | 1.69 |
| 2026-01-16 | 1.73 |
| 2026-01-15 | 1.73 |
| 2026-01-14 | 1.71 |
| 2026-01-13 | 1.68 |
| 2026-01-12 | 1.70 |
| 2026-01-09 | 1.61 |
| 2026-01-08 | 1.60 |
| 2026-01-07 | 1.58 |
| 2026-01-06 | 1.65 |
| 2026-01-05 | 1.66 |
| 2026-01-02 | 1.59 |
| 2025-12-31 | 1.56 |
| 2025-12-30 | 1.56 |
| 2025-12-29 | 1.60 |
| 2025-12-26 | 1.65 |
| 2025-12-24 | 1.63 |
| 2025-12-23 | 1.61 |
| 2025-12-22 | 1.65 |
| 2025-12-19 | 1.68 |
| 2025-12-18 | 1.78 |
| 2025-12-17 | 1.71 |
| 2025-12-16 | 1.69 |
| 2025-12-15 | 1.71 |
| 2025-12-12 | 1.69 |
| 2025-12-11 | 1.73 |
| 2025-12-10 | 1.69 |
| 2025-12-09 | 1.72 |
| 2025-12-08 | 1.76 |
| 2025-12-05 | 1.83 |
| 2025-12-04 | 1.87 |
| 2025-12-03 | 1.86 |
| 2025-12-02 | 1.88 |
| 2025-12-01 | 1.88 |
| 2025-11-28 | 1.92 |
| 2025-11-26 | 1.91 |
| 2025-11-25 | 1.85 |
| 2025-11-24 | 1.74 |
| 2025-11-21 | 1.71 |
| 2025-11-20 | 1.58 |
| 2025-11-19 | 1.62 |
| 2025-11-18 | 1.69 |
| 2025-11-17 | 1.71 |
| 2025-11-14 | 1.76 |
| 2025-11-13 | 1.74 |
| 2025-11-12 | 1.76 |
| 2025-11-11 | 1.80 |
| 2025-11-10 | 1.83 |
| 2025-11-07 | 1.78 |
| 2025-11-06 | 1.78 |
| 2025-11-05 | 1.86 |
| 2025-11-04 | 1.83 |
| 2025-11-03 | 1.65 |
| 2025-10-31 | 1.72 |
| 2025-10-30 | 1.72 |
| 2025-10-29 | 1.78 |
| 2025-10-28 | 1.84 |
| 2025-10-27 | 1.88 |
| 2025-10-24 | 1.90 |
| 2025-10-23 | 1.87 |
| 2025-10-22 | 1.94 |
| 2025-10-21 | 1.91 |
| 2025-10-20 | 1.88 |
| 2025-10-17 | 1.86 |
| 2025-10-16 | 1.83 |
| 2025-10-15 | 1.85 |
| 2025-10-14 | 1.82 |
| 2025-10-13 | 1.69 |
| 2025-10-10 | 1.57 |
| 2025-10-09 | 1.65 |
| 2025-10-08 | 1.61 |
| 2025-10-07 | 1.66 |
| 2025-10-06 | 1.65 |
| 2025-10-03 | 1.69 |
| 2025-10-02 | 1.66 |
| 2025-10-01 | 1.64 |
| 2025-09-30 | 1.63 |
| 2025-09-29 | 1.65 |
| 2025-09-26 | 1.67 |
| 2025-09-25 | 1.63 |
| 2025-09-24 | 1.64 |
| 2025-09-23 | 1.63 |
Showing the most recent 260 of 1,230 data points. The chart above shows the full history.