Basis: FMP quote market capitalization / matching reported stockholders equity. 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 7.79 is 58% below its estimated 5-year average of 18.48, near the low end of its estimated 5-year range (3.04–140.68).
As of 2026-09-24T00:16:06.656Z. 51.50% below its estimated 12-month average of 16.06.
Calculation as of: 2026-09-24T00:16:06.656Z.
Quote observation: 2026-09-23T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 9c9123a28b597bab3a39abb4b0818f081f16f384d4b6004acc6e0f9be8060578
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 2026-09-11.
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
7.79
PB RATIO AVG TTM
16.06
PB RATIO AVG 3Y
11.55
PB RATIO AVG 5Y
18.48
PB RATIO AVG 10Y
17.49
PB RATIO AVG 15Y
15.65
PB RATIO AVG 20Y
27.02
CURRENT VS TTM AVG
-51.50%
CURRENT VS 3Y AVG
-32.55%
CURRENT VS 5Y AVG
-57.84%
CURRENT VS 10Y AVG
-55.45%
CURRENT VS 15Y AVG
-50.21%
CURRENT VS 20Y AVG
-71.17%
SECTOR MEDIAN · BASIC MATERIALS
3.14
median of 53 covered companies
CURRENT VS SECTOR MEDIAN
+148.09%
vs the sector median at left
Market Cap
$3.14B
PB Ratio
4.51
TTM Avg
5.51
3Y Avg
5.32
5Y Avg
4.23
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lightwave Logic, Inc. (LWLG) | $812.00M | 7.79 | 16.06 | 11.55 | 18.48 |
| Avino Silver & Gold Mines Ltd. (ASM)vs › | $1.03B | 3.64 | 5.17 | 2.80 | 2.06 |
| Minerals Technologies Inc. (MTX)vs › | $2.07B | 1.34 | 1.27 | 1.32 | 1.33 |
| WD-40 Company (WDFC)vs › | $2.68B | 9.60 | 10.86 | 13.29 | 13.41 |
| Endeavour Silver Corp. (EXK)vs › | $2.74B | 3.85 | 4.98 | 2.99 | 2.77 |
| United States Lime & Minerals, Inc. (USLM)vs › | $3.14B | 4.51 | 5.51 | 5.32 | 4.23 |
| Aris Mining Corporation (ARIS)vs › | $3.90B | 2.21 | 2.49 | 1.45 | 1.14 |
| Griffon Corporation (GFF)vs › | $4.43B | 34.30 | 43.74 | 25.00 | 16.09 |
| Builders FirstSource, Inc. (BLDR)vs › | $6.37B | 1.59 | 2.51 | 3.57 | 3.19 |
| Arcosa, Inc. (ACA)vs › | $7.19B | 2.41 | 2.20 | 1.91 | 1.70 |
At 7.79, P/B is below its estimated 19-year median — higher than 4% of readings in its estimated 19-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 19-year low
3.04
median
17.27
estimated 19-year high
226.02
P/B Ratio
7.79
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 |
|---|---|
| 2026-09-11 | 7.70 |
| 2026-09-10 | 7.60 |
| 2026-09-09 | 7.76 |
| 2026-09-08 | 8.25 |
| 2026-09-04 | 7.88 |
| 2026-09-03 | 7.54 |
| 2026-09-02 | 7.44 |
| 2026-09-01 | 7.55 |
| 2026-08-31 | 8.00 |
| 2026-08-28 | 8.08 |
| 2026-08-27 | 8.64 |
| 2026-08-26 | 8.59 |
| 2026-08-25 | 8.75 |
| 2026-08-24 | 8.56 |
| 2026-08-21 | 9.12 |
| 2026-08-20 | 8.98 |
| 2026-08-19 | 9.19 |
| 2026-08-18 | 9.78 |
| 2026-08-17 | 10.93 |
| 2026-08-14 | 13.79 |
| 2026-08-13 | 13.28 |
| 2026-08-12 | 14.59 |
| 2026-08-11 | 13.77 |
| 2026-08-10 | 13.86 |
| 2026-08-07 | 14.77 |
| 2026-08-06 | 13.82 |
| 2026-08-05 | 13.24 |
| 2026-08-04 | 14.48 |
| 2026-08-03 | 12.42 |
| 2026-07-31 | 11.77 |
| 2026-07-30 | 11.00 |
| 2026-07-29 | 9.74 |
| 2026-07-28 | 10.49 |
| 2026-07-27 | 11.16 |
| 2026-07-24 | 11.02 |
| 2026-07-23 | 12.17 |
| 2026-07-22 | 12.33 |
| 2026-07-21 | 12.53 |
| 2026-07-20 | 10.84 |
| 2026-07-17 | 11.35 |
| 2026-07-16 | 11.46 |
| 2026-07-15 | 12.29 |
| 2026-07-14 | 12.51 |
| 2026-07-13 | 11.78 |
| 2026-07-10 | 12.44 |
| 2026-07-09 | 12.91 |
| 2026-07-08 | 12.46 |
| 2026-07-07 | 12.27 |
| 2026-07-06 | 13.48 |
| 2026-07-02 | 13.42 |
| 2026-07-01 | 14.79 |
| 2026-06-30 | 17.23 |
| 2026-06-29 | 16.72 |
| 2026-06-26 | 14.37 |
| 2026-06-25 | 14.86 |
| 2026-06-24 | 15.28 |
| 2026-06-23 | 16.86 |
| 2026-06-22 | 18.27 |
| 2026-06-18 | 17.81 |
| 2026-06-17 | 16.90 |
| 2026-06-16 | 17.10 |
| 2026-06-15 | 18.36 |
| 2026-06-12 | 17.47 |
| 2026-06-11 | 18.28 |
| 2026-06-10 | 16.81 |
| 2026-06-09 | 17.14 |
| 2026-06-08 | 18.76 |
| 2026-06-05 | 18.47 |
| 2026-06-04 | 22.18 |
| 2026-06-03 | 22.38 |
| 2026-06-02 | 23.17 |
| 2026-06-01 | 20.07 |
| 2026-05-29 | 19.78 |
| 2026-05-28 | 20.87 |
| 2026-05-27 | 21.13 |
| 2026-05-26 | 21.80 |
| 2026-05-22 | 23.40 |
| 2026-05-21 | 23.99 |
| 2026-05-20 | 21.29 |
| 2026-05-19 | 21.11 |
| 2026-05-18 | 21.11 |
| 2026-05-15 | 24.99 |
| 2026-05-14 | 27.33 |
| 2026-05-13 | 33.36 |
| 2026-05-12 | 29.16 |
| 2026-05-11 | 30.87 |
| 2026-05-08 | 30.08 |
| 2026-05-07 | 27.15 |
| 2026-05-06 | 28.21 |
| 2026-05-05 | 30.61 |
| 2026-05-04 | 28.91 |
| 2026-05-01 | 29.79 |
| 2026-04-30 | 25.12 |
| 2026-04-29 | 21.53 |
| 2026-04-28 | 21.16 |
| 2026-04-27 | 22.79 |
| 2026-04-24 | 23.20 |
| 2026-04-23 | 24.90 |
| 2026-04-22 | 27.76 |
| 2026-04-21 | 23.64 |
| 2026-04-20 | 25.96 |
| 2026-04-17 | 22.96 |
| 2026-04-16 | 22.65 |
| 2026-04-15 | 22.13 |
| 2026-04-14 | 22.37 |
| 2026-04-13 | 20.85 |
| 2026-04-10 | 19.41 |
| 2026-04-09 | 15.45 |
| 2026-04-08 | 15.36 |
| 2026-04-07 | 15.03 |
| 2026-04-06 | 14.41 |
| 2026-04-02 | 14.02 |
| 2026-04-01 | 12.52 |
| 2026-03-31 | 12.87 |
| 2026-03-30 | 12.07 |
| 2026-03-27 | 13.26 |
| 2026-03-26 | 14.35 |
| 2026-03-25 | 15.73 |
| 2026-03-24 | 13.46 |
| 2026-03-23 | 13.55 |
| 2026-03-20 | 21.31 |
| 2026-03-19 | 22.16 |
| 2026-03-18 | 20.99 |
| 2026-03-17 | 23.17 |
| 2026-03-16 | 23.98 |
| 2026-03-13 | 23.95 |
| 2026-03-12 | 22.28 |
| 2026-03-11 | 15.80 |
| 2026-03-10 | 13.72 |
| 2026-03-09 | 13.57 |
| 2026-03-06 | 13.22 |
| 2026-03-05 | 13.82 |
| 2026-03-04 | 17.63 |
| 2026-03-03 | 16.52 |
| 2026-03-02 | 15.89 |
| 2026-02-27 | 13.88 |
| 2026-02-26 | 14.10 |
| 2026-02-25 | 13.85 |
| 2026-02-24 | 12.62 |
| 2026-02-23 | 11.11 |
| 2026-02-20 | 10.89 |
| 2026-02-19 | 10.83 |
| 2026-02-18 | 10.86 |
| 2026-02-17 | 10.89 |
| 2026-02-13 | 10.98 |
| 2026-02-12 | 10.48 |
| 2026-02-11 | 11.17 |
| 2026-02-10 | 11.24 |
| 2026-02-09 | 10.54 |
| 2026-02-06 | 10.36 |
| 2026-02-05 | 9.47 |
| 2026-02-04 | 10.26 |
| 2026-02-03 | 11.58 |
| 2026-02-02 | 10.36 |
| 2026-01-30 | 10.39 |
| 2026-01-29 | 11.14 |
| 2026-01-28 | 11.33 |
| 2026-01-27 | 11.30 |
| 2026-01-26 | 10.76 |
| 2026-01-23 | 12.31 |
| 2026-01-22 | 12.68 |
| 2026-01-21 | 13.72 |
| 2026-01-20 | 14.04 |
| 2026-01-16 | 14.45 |
| 2026-01-15 | 14.45 |
| 2026-01-14 | 14.23 |
| 2026-01-13 | 14.51 |
| 2026-01-12 | 13.66 |
| 2026-01-09 | 13.06 |
| 2026-01-08 | 13.35 |
| 2026-01-07 | 12.18 |
| 2026-01-06 | 12.21 |
| 2026-01-05 | 11.99 |
| 2026-01-02 | 11.52 |
| 2025-12-31 | 10.20 |
| 2025-12-30 | 9.82 |
| 2025-12-29 | 9.98 |
| 2025-12-26 | 10.39 |
| 2025-12-24 | 10.73 |
| 2025-12-23 | 10.07 |
| 2025-12-22 | 10.23 |
| 2025-12-19 | 9.41 |
| 2025-12-18 | 9.41 |
| 2025-12-17 | 9.35 |
| 2025-12-16 | 9.44 |
| 2025-12-15 | 11.87 |
| 2025-12-12 | 13.06 |
| 2025-12-11 | 13.69 |
| 2025-12-10 | 13.25 |
| 2025-12-09 | 12.97 |
| 2025-12-08 | 12.72 |
| 2025-12-05 | 12.68 |
| 2025-12-04 | 13.25 |
| 2025-12-03 | 12.68 |
| 2025-12-02 | 12.59 |
| 2025-12-01 | 12.62 |
| 2025-11-28 | 13.66 |
| 2025-11-26 | 13.63 |
| 2025-11-25 | 14.13 |
| 2025-11-24 | 13.72 |
| 2025-11-21 | 12.94 |
| 2025-11-20 | 13.03 |
| 2025-11-19 | 14.26 |
| 2025-11-18 | 14.10 |
| 2025-11-17 | 14.67 |
| 2025-11-14 | 21.03 |
| 2025-11-13 | 20.85 |
| 2025-11-12 | 23.42 |
| 2025-11-11 | 23.37 |
| 2025-11-10 | 25.33 |
| 2025-11-07 | 22.72 |
| 2025-11-06 | 21.94 |
| 2025-11-05 | 23.72 |
| 2025-11-04 | 23.07 |
| 2025-11-03 | 21.16 |
| 2025-10-31 | 20.46 |
| 2025-10-30 | 19.90 |
| 2025-10-29 | 20.55 |
| 2025-10-28 | 21.11 |
| 2025-10-27 | 21.24 |
| 2025-10-24 | 20.94 |
| 2025-10-23 | 20.38 |
| 2025-10-22 | 18.99 |
| 2025-10-21 | 21.07 |
| 2025-10-20 | 22.16 |
| 2025-10-17 | 20.77 |
| 2025-10-16 | 22.50 |
| 2025-10-15 | 23.46 |
| 2025-10-14 | 24.50 |
| 2025-10-13 | 23.63 |
| 2025-10-10 | 22.55 |
| 2025-10-09 | 25.85 |
| 2025-10-08 | 22.37 |
| 2025-10-07 | 20.16 |
| 2025-10-06 | 21.46 |
| 2025-10-03 | 20.42 |
| 2025-10-02 | 18.81 |
| 2025-10-01 | 16.99 |
| 2025-09-30 | 16.12 |
| 2025-09-29 | 16.16 |
| 2025-09-26 | 15.55 |
| 2025-09-25 | 17.07 |
| 2025-09-24 | 18.20 |
| 2025-09-23 | 20.38 |
| 2025-09-22 | 19.77 |
| 2025-09-19 | 18.20 |
| 2025-09-18 | 16.03 |
| 2025-09-17 | 13.08 |
| 2025-09-16 | 13.69 |
| 2025-09-15 | 13.64 |
| 2025-09-12 | 13.99 |
| 2025-09-11 | 13.34 |
| 2025-09-10 | 13.21 |
| 2025-09-09 | 13.42 |
| 2025-09-08 | 13.38 |
| 2025-09-05 | 14.21 |
| 2025-09-04 | 13.12 |
| 2025-09-03 | 13.60 |
| 2025-09-02 | 15.47 |
| 2025-08-29 | 14.60 |
Showing the most recent 260 of 4,734 data points. The chart above shows the full history.