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 26.03 is 39% below its estimated 5-year average of 42.71, near the low end of its estimated 5-year range (18.68–90.93).
As of Tuesday, September 8, 2026. 18.60% below its estimated 12-month average of 31.98.
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 2026-09-08.
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
26.03
PB RATIO AVG TTM
31.98
PB RATIO AVG 3Y
29.32
PB RATIO AVG 5Y
42.71
PB RATIO AVG 10Y
60.85
PB RATIO AVG 15Y
43.94
PB RATIO AVG 20Y
32.03
CURRENT VS TTM AVG
-18.60%
CURRENT VS 3Y AVG
-11.23%
CURRENT VS 5Y AVG
-39.06%
CURRENT VS 10Y AVG
-57.22%
CURRENT VS 15Y AVG
-40.76%
CURRENT VS 20Y AVG
-18.73%
SECTOR MEDIAN · HEALTHCARE
4.15
median of 85 covered companies
CURRENT VS SECTOR MEDIAN
+527.23%
vs the sector median at left
Market Cap
$42.92B
PB Ratio
5.60
TTM Avg
4.60
3Y Avg
3.33
5Y Avg
2.44
Market Cap
$34.52B
PB Ratio
26.55
TTM Avg
126.40
3Y Avg
335.77
5Y Avg
228.76
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IDEXX Laboratories, Inc. (IDXX) | $40.64B | 26.03 | 31.98 | 29.32 | 42.71 |
| Agilent Technologies, Inc. (A)vs › | $40.89B | 5.64 | 5.59 | 6.06 | 6.77 |
| IQVIA Holdings Inc. (IQV)vs › | $42.30B | 7.08 | 5.61 | 5.90 | 6.53 |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $42.92B | 5.60 | 4.60 | 3.33 | 2.44 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $34.52B | 26.55 | 126.40 | 335.77 | 228.76 |
| Alcon Inc. (ALC)vs › | $33.37B | 1.56 | 1.67 | 1.91 | 1.90 |
| Humana Inc. (HUM)vs › | $48.03B | 2.54 | 1.82 | 2.22 | 2.84 |
| ResMed Inc. (RMD)vs › | $31.91B | 4.87 | 5.53 | 6.13 | 7.67 |
| Becton, Dickinson and Company (BDX)vs › | $49.54B | 2.02 | 1.79 | 1.94 | 2.07 |
| Centene Corp. (CNC)vs › | $31.66B | 1.42 | 1.07 | 1.21 | 1.41 |
At 26.03, P/B is near its estimated 20-year median — higher than 53% of readings in its estimated 20-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 20-year low
2.02
median
21.93
estimated 20-year high
876.02
P/B Ratio
26.03
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 |
|---|---|
| 2026-09-08 | 26.03 |
| 2026-09-04 | 26.78 |
| 2026-09-03 | 26.48 |
| 2026-09-02 | 26.96 |
| 2026-09-01 | 27.27 |
| 2026-08-31 | 27.85 |
| 2026-08-28 | 27.77 |
| 2026-08-27 | 27.27 |
| 2026-08-26 | 27.69 |
| 2026-08-25 | 27.52 |
| 2026-08-24 | 27.99 |
| 2026-08-21 | 27.86 |
| 2026-08-20 | 27.31 |
| 2026-08-19 | 28.13 |
| 2026-08-18 | 27.68 |
| 2026-08-17 | 27.32 |
| 2026-08-14 | 27.56 |
| 2026-08-13 | 28.36 |
| 2026-08-12 | 28.55 |
| 2026-08-11 | 29.35 |
| 2026-08-10 | 29.81 |
| 2026-08-07 | 29.35 |
| 2026-08-06 | 29.52 |
| 2026-08-05 | 29.26 |
| 2026-08-04 | 29.42 |
| 2026-08-03 | 29.44 |
| 2026-07-31 | 28.98 |
| 2026-07-30 | 28.97 |
| 2026-07-29 | 29.54 |
| 2026-07-28 | 29.53 |
| 2026-07-27 | 28.84 |
| 2026-07-24 | 28.22 |
| 2026-07-23 | 27.96 |
| 2026-07-22 | 28.26 |
| 2026-07-21 | 28.64 |
| 2026-07-20 | 29.23 |
| 2026-07-17 | 29.42 |
| 2026-07-16 | 29.87 |
| 2026-07-15 | 28.88 |
| 2026-07-14 | 28.03 |
| 2026-07-13 | 29.25 |
| 2026-07-10 | 29.22 |
| 2026-07-09 | 28.96 |
| 2026-07-08 | 28.81 |
| 2026-07-07 | 29.56 |
| 2026-07-06 | 29.29 |
| 2026-07-02 | 28.92 |
| 2026-07-01 | 27.87 |
| 2026-06-30 | 27.29 |
| 2026-06-29 | 27.78 |
| 2026-06-26 | 28.59 |
| 2026-06-25 | 28.77 |
| 2026-06-24 | 28.47 |
| 2026-06-23 | 28.06 |
| 2026-06-22 | 28.29 |
| 2026-06-18 | 29.14 |
| 2026-06-17 | 28.31 |
| 2026-06-16 | 29.71 |
| 2026-06-15 | 29.55 |
| 2026-06-12 | 29.08 |
| 2026-06-11 | 28.92 |
| 2026-06-10 | 28.87 |
| 2026-06-09 | 30.01 |
| 2026-06-08 | 29.09 |
| 2026-06-05 | 29.14 |
| 2026-06-04 | 29.28 |
| 2026-06-03 | 29.07 |
| 2026-06-02 | 28.56 |
| 2026-06-01 | 29.38 |
| 2026-05-29 | 29.22 |
| 2026-05-28 | 29.45 |
| 2026-05-27 | 28.57 |
| 2026-05-26 | 28.89 |
| 2026-05-22 | 29.00 |
| 2026-05-21 | 28.67 |
| 2026-05-20 | 28.70 |
| 2026-05-19 | 28.33 |
| 2026-05-18 | 28.30 |
| 2026-05-15 | 27.41 |
| 2026-05-14 | 27.63 |
| 2026-05-13 | 27.41 |
| 2026-05-12 | 27.68 |
| 2026-05-11 | 27.58 |
| 2026-05-08 | 29.04 |
| 2026-05-07 | 29.67 |
| 2026-05-06 | 30.03 |
| 2026-05-05 | 29.19 |
| 2026-05-04 | 28.30 |
| 2026-05-01 | 28.52 |
| 2026-04-30 | 28.18 |
| 2026-04-29 | 27.82 |
| 2026-04-28 | 28.56 |
| 2026-04-27 | 28.89 |
| 2026-04-24 | 28.44 |
| 2026-04-23 | 28.19 |
| 2026-04-22 | 29.06 |
| 2026-04-21 | 28.59 |
| 2026-04-20 | 29.30 |
| 2026-04-17 | 29.61 |
| 2026-04-16 | 28.64 |
| 2026-04-15 | 29.18 |
| 2026-04-14 | 29.35 |
| 2026-04-13 | 28.85 |
| 2026-04-10 | 28.29 |
| 2026-04-09 | 29.39 |
| 2026-04-08 | 29.74 |
| 2026-04-07 | 28.89 |
| 2026-04-06 | 29.02 |
| 2026-04-02 | 28.62 |
| 2026-04-01 | 28.38 |
| 2026-03-31 | 28.24 |
| 2026-03-30 | 28.00 |
| 2026-03-27 | 28.06 |
| 2026-03-26 | 28.81 |
| 2026-03-25 | 28.93 |
| 2026-03-24 | 28.65 |
| 2026-03-23 | 29.07 |
| 2026-03-20 | 29.01 |
| 2026-03-19 | 29.14 |
| 2026-03-18 | 29.00 |
| 2026-03-17 | 29.50 |
| 2026-03-16 | 29.47 |
| 2026-03-13 | 28.84 |
| 2026-03-12 | 28.70 |
| 2026-03-11 | 30.18 |
| 2026-03-10 | 30.09 |
| 2026-03-09 | 30.68 |
| 2026-03-06 | 30.57 |
| 2026-03-05 | 31.10 |
| 2026-03-04 | 32.60 |
| 2026-03-03 | 31.94 |
| 2026-03-02 | 32.00 |
| 2026-02-27 | 33.00 |
| 2026-02-26 | 33.20 |
| 2026-02-25 | 33.04 |
| 2026-02-24 | 32.63 |
| 2026-02-23 | 31.31 |
| 2026-02-20 | 31.94 |
| 2026-02-19 | 32.59 |
| 2026-02-18 | 32.81 |
| 2026-02-17 | 32.36 |
| 2026-02-13 | 32.52 |
| 2026-02-12 | 31.89 |
| 2026-02-11 | 33.52 |
| 2026-02-10 | 33.41 |
| 2026-02-09 | 33.06 |
| 2026-02-06 | 33.31 |
| 2026-02-05 | 33.26 |
| 2026-02-04 | 33.22 |
| 2026-02-03 | 32.69 |
| 2026-02-02 | 33.05 |
| 2026-01-30 | 34.65 |
| 2026-01-29 | 34.97 |
| 2026-01-28 | 35.54 |
| 2026-01-27 | 35.90 |
| 2026-01-26 | 36.06 |
| 2026-01-23 | 35.86 |
| 2026-01-22 | 35.71 |
| 2026-01-21 | 35.99 |
| 2026-01-20 | 35.45 |
| 2026-01-16 | 36.97 |
| 2026-01-15 | 36.80 |
| 2026-01-14 | 36.71 |
| 2026-01-13 | 36.90 |
| 2026-01-12 | 37.45 |
| 2026-01-09 | 36.86 |
| 2026-01-08 | 36.81 |
| 2026-01-07 | 36.92 |
| 2026-01-06 | 36.53 |
| 2026-01-05 | 35.25 |
| 2026-01-02 | 34.62 |
| 2025-12-31 | 34.96 |
| 2025-12-30 | 35.26 |
| 2025-12-29 | 35.55 |
| 2025-12-26 | 35.58 |
| 2025-12-24 | 35.56 |
| 2025-12-23 | 35.26 |
| 2025-12-22 | 36.28 |
| 2025-12-19 | 36.19 |
| 2025-12-18 | 36.02 |
| 2025-12-17 | 35.95 |
| 2025-12-16 | 35.82 |
| 2025-12-15 | 36.20 |
| 2025-12-12 | 36.39 |
| 2025-12-11 | 36.56 |
| 2025-12-10 | 36.27 |
| 2025-12-09 | 36.12 |
| 2025-12-08 | 36.52 |
| 2025-12-05 | 36.90 |
| 2025-12-04 | 37.08 |
| 2025-12-03 | 37.51 |
| 2025-12-02 | 37.86 |
| 2025-12-01 | 37.67 |
| 2025-11-28 | 38.91 |
| 2025-11-26 | 39.06 |
| 2025-11-25 | 39.62 |
| 2025-11-24 | 38.87 |
| 2025-11-21 | 37.51 |
| 2025-11-20 | 35.62 |
| 2025-11-19 | 36.02 |
| 2025-11-18 | 34.63 |
| 2025-11-17 | 34.57 |
| 2025-11-14 | 35.65 |
| 2025-11-13 | 36.25 |
| 2025-11-12 | 36.87 |
| 2025-11-11 | 36.82 |
| 2025-11-10 | 36.67 |
| 2025-11-07 | 36.61 |
| 2025-11-06 | 36.88 |
| 2025-11-05 | 37.22 |
| 2025-11-04 | 37.32 |
| 2025-11-03 | 37.36 |
| 2025-10-31 | 34.95 |
| 2025-10-30 | 34.90 |
| 2025-10-29 | 34.85 |
| 2025-10-28 | 35.22 |
| 2025-10-27 | 35.94 |
| 2025-10-24 | 35.58 |
| 2025-10-23 | 35.46 |
| 2025-10-22 | 35.19 |
| 2025-10-21 | 35.37 |
| 2025-10-20 | 35.72 |
| 2025-10-17 | 35.28 |
| 2025-10-16 | 35.39 |
| 2025-10-15 | 35.49 |
| 2025-10-14 | 35.36 |
| 2025-10-13 | 35.16 |
| 2025-10-10 | 34.21 |
| 2025-10-09 | 34.91 |
| 2025-10-08 | 34.97 |
| 2025-10-07 | 34.83 |
| 2025-10-06 | 34.85 |
| 2025-10-03 | 35.04 |
| 2025-10-02 | 35.19 |
| 2025-10-01 | 34.43 |
| 2025-09-30 | 35.47 |
| 2025-09-29 | 35.01 |
| 2025-09-26 | 35.10 |
| 2025-09-25 | 34.32 |
| 2025-09-24 | 34.82 |
| 2025-09-23 | 36.00 |
| 2025-09-22 | 35.76 |
| 2025-09-19 | 36.43 |
| 2025-09-18 | 36.39 |
| 2025-09-17 | 35.58 |
| 2025-09-16 | 35.85 |
| 2025-09-15 | 35.75 |
| 2025-09-12 | 35.60 |
| 2025-09-11 | 35.82 |
| 2025-09-10 | 35.42 |
| 2025-09-09 | 36.40 |
| 2025-09-08 | 36.25 |
| 2025-09-05 | 35.70 |
| 2025-09-04 | 35.56 |
| 2025-09-03 | 35.20 |
| 2025-09-02 | 35.50 |
| 2025-08-29 | 35.93 |
| 2025-08-28 | 35.92 |
| 2025-08-27 | 35.58 |
| 2025-08-26 | 35.63 |
Showing the most recent 260 of 4,223 data points. The chart above shows the full history.