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 28.22 is 36% below its 5-year average of 43.99, near the low end of its 5-year range (18.68–90.93).
13.96% below its 12-month average of 32.80.
PB RATIO
28.22
PB RATIO AVG TTM
32.80
PB RATIO AVG 3Y
29.70
PB RATIO AVG 5Y
43.99
PB RATIO AVG 10Y
61.52
PB RATIO AVG 15Y
43.68
PB RATIO AVG 20Y
31.86
CURRENT VS TTM AVG
-13.96%
CURRENT VS 3Y AVG
-4.99%
CURRENT VS 5Y AVG
-35.84%
CURRENT VS 10Y AVG
-54.13%
CURRENT VS 15Y AVG
-35.40%
CURRENT VS 20Y AVG
-11.42%
SECTOR MEDIAN · HEALTHCARE
3.31
median of 74 covered companies
CURRENT VS SECTOR MEDIAN
+751.28%
vs the sector median at left
Market Cap
$47.58B
PB Ratio
4.65
TTM Avg
4.66
3Y Avg
5.57
5Y Avg
7.63
Market Cap
$36.28B
PB Ratio
34.93
TTM Avg
154.24
3Y Avg
358.06
5Y Avg
228.82
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IDEXX Laboratories, Inc. (IDXX) | $42.94B | 28.22 | 32.80 | 29.70 | 43.99 |
| Agilent Technologies, Inc. (A)vs › | $39.14B | 5.53 | 5.54 | 6.08 | 6.88 |
| Humana Inc. (HUM)vs › | $46.74B | 2.53 | 1.75 | 2.27 | 2.87 |
| Edwards Lifesciences Corporation (EW)vs › | $47.58B | 4.65 | 4.66 | 5.57 | 7.63 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $36.28B | 34.93 | 154.24 | 358.06 | 228.82 |
| IQVIA Holdings Inc. (IQV)vs › | $34.72B | 5.68 | 5.47 | 5.92 | 6.57 |
| Medline Inc. (MDLN)vs › | $32.77B | 2.84 | 3.12 | 3.12 | 3.12 |
| Cardinal Health, Inc. (CAH)vs › | $53.41B | N/A | 10.98 | 10.12 | 7.19 |
| Zoetis Inc. (ZTS)vs › | $31.59B | 9.84 | 12.36 | 14.93 | 16.44 |
| Centene Corp. (CNC)vs › | $31.31B | 1.47 | 0.96 | 1.21 | 1.41 |
At 28.22, P/B is in its normal range, sitting higher than 56% of its 20-year history.
20-year low
2.02
median
21.46
20-year high
876.02
P/B Ratio
28.22
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 |
|---|---|
| 2026-07-24 | 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 |
| 2025-08-25 | 35.61 |
| 2025-08-22 | 35.84 |
| 2025-08-21 | 35.15 |
| 2025-08-20 | 35.52 |
| 2025-08-19 | 35.35 |
| 2025-08-18 | 35.41 |
| 2025-08-15 | 36.13 |
| 2025-08-14 | 36.31 |
| 2025-08-13 | 36.86 |
| 2025-08-12 | 36.21 |
| 2025-08-11 | 36.21 |
| 2025-08-08 | 36.54 |
| 2025-08-07 | 36.09 |
| 2025-08-06 | 34.65 |
| 2025-08-05 | 35.64 |
| 2025-08-04 | 37.91 |
| 2025-08-01 | 30.30 |
| 2025-07-31 | 30.23 |
| 2025-07-30 | 32.37 |
| 2025-07-29 | 32.42 |
| 2025-07-28 | 32.05 |
| 2025-07-25 | 31.98 |
| 2025-07-24 | 31.11 |
| 2025-07-23 | 30.59 |
| 2025-07-22 | 30.10 |
| 2025-07-21 | 29.47 |
| 2025-07-18 | 29.11 |
| 2025-07-17 | 29.35 |
| 2025-07-16 | 29.45 |
| 2025-07-15 | 29.80 |
| 2025-07-14 | 30.07 |
Showing the most recent 260 of 4,225 data points. The chart above shows the full history.