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 28.34 is 2517% above its estimated 5-year average of 1.08, near the high end of its estimated 5-year range (0.36–28.34).
As of 2026-10-06T18:57:27.474Z. 1815.07% above its estimated 12-month average of 1.48.
Calculation as of: 2026-10-06T18:57:27.474Z.
Quote observation: 2026-10-06T18:55:09.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: a391670e5a4a022aad0cee8204cefb21b4613c0a4e77d467850b61b24c11a6b7
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
28.34
PB RATIO AVG TTM
1.48
PB RATIO AVG 3Y
0.77
PB RATIO AVG 5Y
1.08
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+1815.07%
CURRENT VS 3Y AVG
+3581.85%
CURRENT VS 5Y AVG
+2517.39%
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 761 covered companies
CURRENT VS SECTOR MEDIAN
+1085.77%
vs the sector median at left
Market Cap
$147.04M
PB Ratio
2.57
TTM Avg
1.89
3Y Avg
1.06
5Y Avg
1.08
Market Cap
$148.55M
PB Ratio
12.19
TTM Avg
42.74
3Y Avg
42.74
5Y Avg
42.74
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Korsana Biosciences, Inc. (KRSA) | $144.19M | 28.34 | 1.48 | 0.77 | 1.08 |
| Nyxoah S.A. (NYXH)vs › | $142.60M | 1.50 | 2.17 | 2.36 | 2.27 |
| Protara Therapeutics, Inc. (TARA)vs › | $143.43M | 0.89 | 1.53 | 0.95 | 0.69 |
| Fortress Biotech, Inc. (FBIOP)vs › | $142.96M | 0.87 | 5.87 | 6.40 | 4.63 |
| Acumen Pharmaceuticals, Inc. (ABOS)vs › | $147.04M | 2.57 | 1.89 | 1.06 | 1.08 |
| Sutro Biopharma, Inc. (STRO)vs › | $141.29M | N/A | 1.86 | 1.65 | 1.99 |
| Cardiol Therapeutics Inc. (CRDL)vs › | $148.17M | 8.76 | 10.84 | 9.66 | 6.56 |
| Voyager Therapeutics, Inc. (VYGR)vs › | $148.39M | 0.96 | 1.16 | 1.18 | 1.85 |
| NervGen Pharma Corp. Common stock (NGEN)vs › | $148.55M | 12.19 | 42.74 | 42.74 | 42.74 |
| Anavex Life Sciences Corp. (AVXL)vs › | $148.74M | 1.32 | 3.31 | 4.55 | 5.01 |
At 28.34, P/B is above its estimated 7-year median — higher than 100% of readings in its estimated 7-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 7-year low
0.36
median
1.06
estimated 7-year high
4.44
P/B Ratio
28.34
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 | 3.67 |
| 2026-10-02 | 3.64 |
| 2026-10-01 | 3.72 |
| 2026-09-30 | 3.82 |
| 2026-09-29 | 4.06 |
| 2026-09-28 | 3.68 |
| 2026-09-25 | 3.70 |
| 2026-09-24 | 4.44 |
| 2026-09-23 | 3.86 |
| 2026-09-22 | 4.18 |
| 2026-09-21 | 3.96 |
| 2026-09-18 | 4.18 |
| 2026-09-17 | 4.03 |
| 2026-09-16 | 3.73 |
| 2026-09-15 | 3.83 |
| 2026-09-14 | 3.77 |
| 2026-09-11 | 3.81 |
| 2026-09-10 | 2.93 |
| 2026-09-09 | 3.13 |
| 2026-09-08 | 2.81 |
| 2026-09-04 | 3.55 |
| 2026-09-03 | 4.14 |
| 2026-09-02 | 3.78 |
| 2026-09-01 | 3.48 |
| 2026-08-31 | 3.08 |
| 2026-08-28 | 3.17 |
| 2026-08-27 | 3.33 |
| 2026-08-26 | 3.47 |
| 2026-08-25 | 3.34 |
| 2026-08-24 | 3.28 |
| 2026-08-21 | 3.25 |
| 2026-08-20 | 3.40 |
| 2026-08-19 | 3.45 |
| 2026-08-18 | 3.44 |
| 2026-08-17 | 3.37 |
| 2026-08-14 | 3.17 |
| 2026-08-13 | 3.27 |
| 2026-08-12 | 3.28 |
| 2026-08-11 | 2.98 |
| 2026-08-10 | 2.99 |
| 2026-08-07 | 2.98 |
| 2026-08-06 | 2.97 |
| 2026-08-05 | 2.97 |
| 2026-08-04 | 2.17 |
| 2026-08-03 | 2.16 |
| 2026-07-31 | 2.13 |
| 2026-07-30 | 2.17 |
| 2026-07-29 | 2.17 |
| 2026-07-28 | 2.17 |
| 2026-07-27 | 2.17 |
| 2026-07-24 | 2.17 |
| 2026-07-23 | 2.24 |
| 2026-07-22 | 2.25 |
| 2026-07-21 | 2.29 |
| 2026-07-20 | 2.26 |
| 2026-07-17 | 2.25 |
| 2026-07-16 | 2.27 |
| 2026-07-15 | 2.30 |
| 2026-07-14 | 2.37 |
| 2026-07-13 | 2.37 |
| 2026-07-10 | 2.37 |
| 2026-07-09 | 2.43 |
| 2026-07-08 | 2.15 |
| 2026-07-07 | 2.15 |
| 2026-07-06 | 2.14 |
| 2026-07-02 | 2.12 |
| 2026-07-01 | 2.09 |
| 2026-06-30 | 2.10 |
| 2026-06-29 | 2.08 |
| 2026-06-26 | 2.09 |
| 2026-06-25 | 1.96 |
| 2026-06-24 | 1.94 |
| 2026-06-23 | 2.02 |
| 2026-06-22 | 1.99 |
| 2026-06-18 | 1.98 |
| 2026-06-17 | 1.97 |
| 2026-06-16 | 1.97 |
| 2026-06-15 | 1.97 |
| 2026-06-12 | 2.01 |
| 2026-06-11 | 1.99 |
| 2026-06-10 | 1.91 |
| 2026-06-09 | 1.86 |
| 2026-06-08 | 1.86 |
| 2026-06-05 | 1.85 |
| 2026-06-04 | 1.89 |
| 2026-06-03 | 1.86 |
| 2026-06-02 | 1.87 |
| 2026-06-01 | 1.91 |
| 2026-05-29 | 1.95 |
| 2026-05-28 | 1.97 |
| 2026-05-27 | 1.95 |
| 2026-05-26 | 1.98 |
| 2026-05-22 | 1.97 |
| 2026-05-21 | 1.96 |
| 2026-05-20 | 1.91 |
| 2026-05-19 | 1.86 |
| 2026-05-18 | 1.87 |
| 2026-05-15 | 1.93 |
| 2026-05-14 | 1.91 |
| 2026-05-13 | 1.94 |
| 2026-05-12 | 1.13 |
| 2026-05-11 | 1.13 |
| 2026-05-08 | 1.10 |
| 2026-05-07 | 1.12 |
| 2026-05-06 | 1.15 |
| 2026-05-05 | 1.12 |
| 2026-05-04 | 1.16 |
| 2026-05-01 | 1.16 |
| 2026-04-30 | 1.17 |
| 2026-04-29 | 1.18 |
| 2026-04-28 | 1.08 |
| 2026-04-27 | 1.04 |
| 2026-04-24 | 1.04 |
| 2026-04-23 | 1.05 |
| 2026-04-22 | 1.09 |
| 2026-04-21 | 1.06 |
| 2026-04-20 | 1.06 |
| 2026-04-17 | 1.07 |
| 2026-04-16 | 1.06 |
| 2026-04-15 | 1.08 |
| 2026-04-14 | 1.14 |
| 2026-04-13 | 1.03 |
| 2026-04-10 | 1.03 |
| 2026-04-09 | 1.12 |
| 2026-04-08 | 1.03 |
| 2026-04-07 | 1.24 |
| 2026-04-06 | 1.47 |
| 2026-04-02 | 2.18 |
| 2026-04-01 | 2.26 |
| 2026-03-31 | 0.55 |
| 2026-03-30 | 0.51 |
| 2026-03-27 | 0.53 |
| 2026-03-26 | 0.55 |
| 2026-03-25 | 0.58 |
| 2026-03-24 | 0.58 |
| 2026-03-23 | 0.56 |
| 2026-03-20 | 0.56 |
| 2026-03-19 | 0.54 |
| 2026-03-18 | 0.52 |
| 2026-03-17 | 0.53 |
| 2026-03-16 | 0.53 |
| 2026-03-13 | 0.51 |
| 2026-03-12 | 0.50 |
| 2026-03-11 | 0.51 |
| 2026-03-10 | 0.52 |
| 2026-03-09 | 0.53 |
| 2026-03-06 | 0.50 |
| 2026-03-05 | 0.49 |
| 2026-03-04 | 0.49 |
| 2026-03-03 | 0.48 |
| 2026-03-02 | 0.46 |
| 2026-02-27 | 0.48 |
| 2026-02-26 | 0.47 |
| 2026-02-25 | 0.46 |
| 2026-02-24 | 0.47 |
| 2026-02-23 | 0.47 |
| 2026-02-20 | 0.48 |
| 2026-02-19 | 0.48 |
| 2026-02-18 | 0.48 |
| 2026-02-17 | 0.44 |
| 2026-02-13 | 0.44 |
| 2026-02-12 | 0.43 |
| 2026-02-11 | 0.43 |
| 2026-02-10 | 0.42 |
| 2026-02-09 | 0.42 |
| 2026-02-06 | 0.39 |
| 2026-02-05 | 0.38 |
| 2026-02-04 | 0.44 |
| 2026-02-03 | 0.44 |
| 2026-02-02 | 0.49 |
| 2026-01-30 | 0.48 |
| 2026-01-29 | 0.49 |
| 2026-01-28 | 0.51 |
| 2026-01-27 | 0.53 |
| 2026-01-26 | 0.53 |
| 2026-01-23 | 0.55 |
| 2026-01-22 | 0.49 |
| 2026-01-21 | 0.48 |
| 2026-01-20 | 0.48 |
| 2026-01-16 | 0.48 |
| 2026-01-15 | 0.48 |
| 2026-01-14 | 0.54 |
| 2026-01-13 | 0.54 |
| 2026-01-12 | 0.61 |
| 2026-01-09 | 0.59 |
| 2026-01-08 | 0.69 |
| 2026-01-07 | 0.64 |
| 2026-01-06 | 0.69 |
| 2026-01-05 | 0.49 |
| 2026-01-02 | 0.48 |
| 2025-12-31 | 0.43 |
| 2025-12-30 | 0.40 |
| 2025-12-29 | 0.41 |
| 2025-12-26 | 0.46 |
| 2025-12-24 | 0.47 |
| 2025-12-23 | 0.48 |
| 2025-12-22 | 0.50 |
| 2025-12-19 | 0.49 |
| 2025-12-18 | 0.50 |
| 2025-12-17 | 0.51 |
| 2025-12-16 | 0.52 |
| 2025-12-15 | 0.54 |
| 2025-12-12 | 0.51 |
| 2025-12-11 | 0.57 |
| 2025-12-10 | 0.58 |
| 2025-12-09 | 0.56 |
| 2025-12-08 | 0.57 |
| 2025-12-05 | 0.57 |
| 2025-12-04 | 0.57 |
| 2025-12-03 | 0.52 |
| 2025-12-02 | 0.52 |
| 2025-12-01 | 0.53 |
| 2025-11-28 | 0.53 |
| 2025-11-26 | 0.51 |
| 2025-11-25 | 0.50 |
| 2025-11-24 | 0.50 |
| 2025-11-21 | 0.50 |
| 2025-11-20 | 0.48 |
| 2025-11-19 | 0.48 |
| 2025-11-18 | 0.48 |
| 2025-11-17 | 0.47 |
| 2025-11-14 | 0.46 |
| 2025-11-13 | 0.49 |
| 2025-11-12 | 0.51 |
| 2025-11-11 | 0.58 |
| 2025-11-10 | 0.65 |
| 2025-11-07 | 0.58 |
| 2025-11-06 | 0.61 |
| 2025-11-05 | 0.63 |
| 2025-11-04 | 0.61 |
| 2025-11-03 | 0.67 |
| 2025-10-31 | 0.67 |
| 2025-10-30 | 0.69 |
| 2025-10-29 | 0.71 |
| 2025-10-28 | 0.73 |
| 2025-10-27 | 0.75 |
| 2025-10-24 | 0.76 |
| 2025-10-23 | 0.76 |
| 2025-10-22 | 0.75 |
| 2025-10-21 | 0.77 |
| 2025-10-20 | 0.79 |
| 2025-10-17 | 0.80 |
| 2025-10-16 | 0.81 |
| 2025-10-15 | 0.85 |
| 2025-10-14 | 0.85 |
| 2025-10-13 | 0.82 |
| 2025-10-10 | 0.83 |
| 2025-10-09 | 0.89 |
| 2025-10-08 | 0.90 |
| 2025-10-07 | 0.91 |
| 2025-10-06 | 0.86 |
| 2025-10-03 | 0.90 |
| 2025-10-02 | 0.89 |
| 2025-10-01 | 0.85 |
| 2025-09-30 | 0.82 |
| 2025-09-29 | 0.84 |
| 2025-09-26 | 0.87 |
| 2025-09-25 | 0.98 |
| 2025-09-24 | 1.16 |
| 2025-09-23 | 1.08 |
Showing the most recent 260 of 1,731 data points. The chart above shows the full history.