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 3.18 is 100% above its 5-year average of 1.59, near the low end of its 5-year range (0.13–10.81).
As of Tuesday, September 1, 2026. 45.72% below its 12-month average of 5.86.
PB RATIO
3.18
PB RATIO AVG TTM
5.86
PB RATIO AVG 3Y
2.94
PB RATIO AVG 5Y
1.59
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-45.72%
CURRENT VS 3Y AVG
+8.27%
CURRENT VS 5Y AVG
+99.94%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.54
median of 189 covered companies
CURRENT VS SECTOR MEDIAN
-51.38%
vs the sector median at left
Market Cap
$12.61B
PB Ratio
81.70
TTM Avg
40.41
3Y Avg
51.84
5Y Avg
48.84
Market Cap
$13.73B
PB Ratio
5.08
TTM Avg
6.02
3Y Avg
6.89
5Y Avg
6.22
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IREN Limited (IREN) | $13.14B | 3.18 | 5.86 | 2.94 | 1.59 |
| GoDaddy Inc. (GDDY)vs › | $13.31B | 1913.69 | 253.97 | 168.00 | 168.19 |
| HubSpot, Inc. (HUBS)vs › | $12.86B | 7.98 | 8.19 | 15.68 | 19.14 |
| Onto Innovation Inc. (ONTO)vs › | $12.75B | 6.62 | 5.22 | 4.67 | 3.92 |
| Gartner, Inc. (IT)vs › | $12.72B | 167.26 | 59.37 | 49.85 | 62.81 |
| Manhattan Associates, Inc. (MANH)vs › | $12.61B | 81.70 | 40.41 | 51.84 | 48.84 |
| Check Point Software Technologies Ltd. (CHKP)vs › | $13.73B | 5.08 | 6.02 | 6.89 | 6.22 |
| Trimble Inc. (TRMB)vs › | $13.74B | 2.69 | 2.85 | 3.10 | 3.49 |
| Grab Holdings Limited (GRAB)vs › | $13.75B | 2.18 | 2.93 | 2.68 | 10.03 |
| DocuSign, Inc. (DOCU)vs › | $12.34B | 7.16 | 6.18 | 8.53 | 32.91 |
At 3.18, P/B is above its 5-year median — higher than 78% of readings in its 5-year history.
5-year low
0.13
median
1.31
5-year high
10.81
P/B Ratio
3.18
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 |
|---|---|
| 2026-09-01 | 3.18 |
| 2026-08-31 | 3.21 |
| 2026-08-28 | 3.07 |
| 2026-08-27 | 3.51 |
| 2026-08-26 | 4.96 |
| 2026-08-25 | 5.29 |
| 2026-08-24 | 4.99 |
| 2026-08-21 | 5.25 |
| 2026-08-20 | 5.34 |
| 2026-08-19 | 5.37 |
| 2026-08-18 | 5.26 |
| 2026-08-17 | 5.62 |
| 2026-08-14 | 5.52 |
| 2026-08-13 | 5.61 |
| 2026-08-12 | 5.47 |
| 2026-08-11 | 4.98 |
| 2026-08-10 | 4.85 |
| 2026-08-07 | 5.16 |
| 2026-08-06 | 4.75 |
| 2026-08-05 | 4.87 |
| 2026-08-04 | 5.12 |
| 2026-08-03 | 4.98 |
| 2026-07-31 | 4.61 |
| 2026-07-30 | 4.79 |
| 2026-07-29 | 3.67 |
| 2026-07-28 | 4.25 |
| 2026-07-27 | 4.55 |
| 2026-07-24 | 4.64 |
| 2026-07-23 | 5.08 |
| 2026-07-22 | 5.17 |
| 2026-07-21 | 5.17 |
| 2026-07-20 | 5.04 |
| 2026-07-17 | 4.21 |
| 2026-07-16 | 4.36 |
| 2026-07-15 | 4.79 |
| 2026-07-14 | 4.83 |
| 2026-07-13 | 4.88 |
| 2026-07-10 | 5.15 |
| 2026-07-09 | 5.23 |
| 2026-07-08 | 5.39 |
| 2026-07-07 | 4.99 |
| 2026-07-06 | 5.50 |
| 2026-07-02 | 4.86 |
| 2026-07-01 | 5.43 |
| 2026-06-30 | 5.73 |
| 2026-06-29 | 5.75 |
| 2026-06-26 | 5.91 |
| 2026-06-25 | 5.98 |
| 2026-06-24 | 6.30 |
| 2026-06-23 | 6.85 |
| 2026-06-22 | 7.12 |
| 2026-06-18 | 7.51 |
| 2026-06-17 | 7.28 |
| 2026-06-16 | 7.41 |
| 2026-06-15 | 7.62 |
| 2026-06-12 | 7.49 |
| 2026-06-11 | 7.10 |
| 2026-06-10 | 6.45 |
| 2026-06-09 | 6.77 |
| 2026-06-08 | 7.41 |
| 2026-06-05 | 6.81 |
| 2026-06-04 | 7.75 |
| 2026-06-03 | 8.20 |
| 2026-06-02 | 8.34 |
| 2026-06-01 | 8.18 |
| 2026-05-29 | 7.96 |
| 2026-05-28 | 8.02 |
| 2026-05-27 | 8.50 |
| 2026-05-26 | 7.49 |
| 2026-05-22 | 7.12 |
| 2026-05-21 | 7.27 |
| 2026-05-20 | 6.60 |
| 2026-05-19 | 5.98 |
| 2026-05-18 | 6.32 |
| 2026-05-15 | 6.63 |
| 2026-05-14 | 7.31 |
| 2026-05-13 | 6.91 |
| 2026-05-12 | 7.08 |
| 2026-05-11 | 6.91 |
| 2026-05-08 | 7.67 |
| 2026-05-07 | 7.12 |
| 2026-05-06 | 7.24 |
| 2026-05-05 | 6.50 |
| 2026-05-04 | 5.87 |
| 2026-05-01 | 5.42 |
| 2026-04-30 | 5.40 |
| 2026-04-29 | 5.09 |
| 2026-04-28 | 5.27 |
| 2026-04-27 | 5.74 |
| 2026-04-24 | 6.01 |
| 2026-04-23 | 6.17 |
| 2026-04-22 | 5.74 |
| 2026-04-21 | 5.36 |
| 2026-04-20 | 5.78 |
| 2026-04-17 | 5.71 |
| 2026-04-16 | 5.66 |
| 2026-04-15 | 5.79 |
| 2026-04-14 | 5.62 |
| 2026-04-13 | 5.11 |
| 2026-04-10 | 4.67 |
| 2026-04-09 | 4.40 |
| 2026-04-08 | 4.37 |
| 2026-04-07 | 4.24 |
| 2026-04-06 | 4.17 |
| 2026-04-02 | 4.13 |
| 2026-04-01 | 4.05 |
| 2026-03-31 | 4.07 |
| 2026-03-30 | 3.75 |
| 2026-03-27 | 4.16 |
| 2026-03-26 | 4.44 |
| 2026-03-25 | 4.92 |
| 2026-03-24 | 4.88 |
| 2026-03-23 | 5.00 |
| 2026-03-20 | 4.90 |
| 2026-03-19 | 4.94 |
| 2026-03-18 | 5.01 |
| 2026-03-17 | 5.10 |
| 2026-03-16 | 5.33 |
| 2026-03-13 | 4.93 |
| 2026-03-12 | 4.91 |
| 2026-03-11 | 4.98 |
| 2026-03-10 | 4.52 |
| 2026-03-09 | 4.61 |
| 2026-03-06 | 4.36 |
| 2026-03-05 | 4.76 |
| 2026-03-04 | 5.20 |
| 2026-03-03 | 4.61 |
| 2026-03-02 | 4.91 |
| 2026-02-27 | 4.86 |
| 2026-02-26 | 5.25 |
| 2026-02-25 | 5.23 |
| 2026-02-24 | 5.39 |
| 2026-02-23 | 5.03 |
| 2026-02-20 | 4.74 |
| 2026-02-19 | 5.14 |
| 2026-02-18 | 4.99 |
| 2026-02-17 | 4.86 |
| 2026-02-13 | 5.01 |
| 2026-02-12 | 4.75 |
| 2026-02-11 | 5.06 |
| 2026-02-10 | 5.09 |
| 2026-02-09 | 5.48 |
| 2026-02-06 | 4.96 |
| 2026-02-05 | 4.72 |
| 2026-02-04 | 5.65 |
| 2026-02-03 | 6.84 |
| 2026-02-02 | 6.67 |
| 2026-01-30 | 6.76 |
| 2026-01-29 | 7.52 |
| 2026-01-28 | 7.91 |
| 2026-01-27 | 7.54 |
| 2026-01-26 | 6.58 |
| 2026-01-23 | 7.13 |
| 2026-01-22 | 6.57 |
| 2026-01-21 | 6.73 |
| 2026-01-20 | 6.82 |
| 2026-01-16 | 7.27 |
| 2026-01-15 | 6.53 |
| 2026-01-14 | 6.65 |
| 2026-01-13 | 6.66 |
| 2026-01-12 | 6.33 |
| 2026-01-09 | 5.79 |
| 2026-01-08 | 5.74 |
| 2026-01-07 | 5.49 |
| 2026-01-06 | 5.77 |
| 2026-01-05 | 6.07 |
| 2026-01-02 | 5.37 |
| 2025-12-31 | 4.75 |
| 2025-12-30 | 4.82 |
| 2025-12-29 | 4.96 |
| 2025-12-26 | 5.07 |
| 2025-12-24 | 5.28 |
| 2025-12-23 | 5.29 |
| 2025-12-22 | 5.29 |
| 2025-12-19 | 5.02 |
| 2025-12-18 | 4.50 |
| 2025-12-17 | 4.25 |
| 2025-12-16 | 4.60 |
| 2025-12-15 | 4.46 |
| 2025-12-12 | 5.05 |
| 2025-12-11 | 5.53 |
| 2025-12-10 | 5.52 |
| 2025-12-09 | 5.89 |
| 2025-12-08 | 5.83 |
| 2025-12-05 | 5.62 |
| 2025-12-04 | 5.84 |
| 2025-12-03 | 5.53 |
| 2025-12-02 | 5.17 |
| 2025-12-01 | 6.10 |
| 2025-11-28 | 6.01 |
| 2025-11-26 | 6.09 |
| 2025-11-25 | 5.97 |
| 2025-11-24 | 6.10 |
| 2025-11-21 | 5.31 |
| 2025-11-20 | 5.47 |
| 2025-11-19 | 5.76 |
| 2025-11-18 | 6.14 |
| 2025-11-17 | 5.96 |
| 2025-11-14 | 5.83 |
| 2025-11-13 | 6.12 |
| 2025-11-12 | 7.00 |
| 2025-11-11 | 7.22 |
| 2025-11-10 | 7.57 |
| 2025-11-07 | 7.84 |
| 2025-11-06 | 8.42 |
| 2025-11-05 | 10.81 |
| 2025-11-04 | 9.43 |
| 2025-11-03 | 9.59 |
| 2025-10-31 | 8.60 |
| 2025-10-30 | 8.24 |
| 2025-10-29 | 8.55 |
| 2025-10-28 | 8.83 |
| 2025-10-27 | 9.20 |
| 2025-10-24 | 8.90 |
| 2025-10-23 | 7.91 |
| 2025-10-22 | 7.34 |
| 2025-10-21 | 7.81 |
| 2025-10-20 | 8.38 |
| 2025-10-17 | 8.59 |
| 2025-10-16 | 8.75 |
| 2025-10-15 | 9.62 |
| 2025-10-14 | 9.84 |
| 2025-10-13 | 9.08 |
| 2025-10-10 | 8.46 |
| 2025-10-09 | 9.04 |
| 2025-10-08 | 8.50 |
| 2025-10-07 | 8.73 |
| 2025-10-06 | 8.17 |
| 2025-10-03 | 7.14 |
| 2025-10-02 | 6.65 |
| 2025-10-01 | 6.66 |
| 2025-09-30 | 6.64 |
| 2025-09-29 | 6.50 |
| 2025-09-26 | 5.92 |
| 2025-09-25 | 6.55 |
| 2025-09-24 | 6.67 |
| 2025-09-23 | 5.91 |
| 2025-09-22 | 5.93 |
| 2025-09-19 | 5.47 |
| 2025-09-18 | 5.14 |
| 2025-09-17 | 5.36 |
| 2025-09-16 | 5.16 |
| 2025-09-15 | 5.26 |
| 2025-09-12 | 4.81 |
| 2025-09-11 | 4.65 |
| 2025-09-10 | 4.76 |
| 2025-09-09 | 4.27 |
| 2025-09-08 | 3.71 |
| 2025-09-05 | 3.70 |
| 2025-09-04 | 3.70 |
| 2025-09-03 | 3.99 |
| 2025-09-02 | 4.12 |
| 2025-08-29 | 3.75 |
| 2025-08-28 | 3.26 |
| 2025-08-27 | 3.43 |
| 2025-08-26 | 3.53 |
| 2025-08-25 | 3.55 |
| 2025-08-22 | 3.29 |
| 2025-08-21 | 3.00 |
| 2025-08-20 | 3.03 |
Showing the most recent 260 of 1,172 data points. The chart above shows the full history.