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 18.27 is 356% above its estimated 5-year average of 4.01, near the low end of its estimated 5-year range (1.28–521.88).
As of 2026-10-06T17:37:33.107Z. 145.52% above its estimated 12-month average of 7.44.
Calculation as of: 2026-10-06T17:37:33.107Z.
Quote observation: 2026-10-06T17:33:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 2100d4567e155cb65401b1d64ef1112e8effddeb5d941ccec26242c7dbad22d6
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
18.27
PB RATIO AVG TTM
7.44
PB RATIO AVG 3Y
4.42
PB RATIO AVG 5Y
4.01
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+145.52%
CURRENT VS 3Y AVG
+313.55%
CURRENT VS 5Y AVG
+355.67%
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 729 covered companies
CURRENT VS SECTOR MEDIAN
+664.44%
vs the sector median at left
Orchestra BioMed Holdings, Inc.
Market Cap
$353.00M
PB Ratio
18.27
TTM Avg
7.44
3Y Avg
4.42
5Y Avg
4.01
Market Cap
$354.53M
PB Ratio
3.51
TTM Avg
3.58
3Y Avg
2.16
5Y Avg
2.45
Market Cap
$353.80M
PB Ratio
8.34
TTM Avg
8.65
3Y Avg
27.40
5Y Avg
29.96
Market Cap
$353.91M
PB Ratio
1.02
TTM Avg
1.45
3Y Avg
1.04
5Y Avg
1.04
Market Cap
$355.07M
PB Ratio
516.93
TTM Avg
168.03
3Y Avg
168.03
5Y Avg
168.03
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Orchestra BioMed Holdings, Inc. (OBIO) | $353.00M | 18.27 | 7.44 | 4.42 | 4.01 |
| Enanta Pharmaceuticals, Inc. (ENTA)vs › | $354.53M | 3.51 | 3.58 | 2.16 | 2.45 |
| Fennec Pharmaceuticals Inc. (FENC)vs › | $353.80M | 8.34 | 8.65 | 27.40 | 29.96 |
| Artiva Biotherapeutics, Inc. (ARTV)vs › | $353.91M | 1.02 | 1.45 | 1.04 | 1.04 |
| Turn Therapeutics Inc. (TTRX)vs › | $355.07M | 516.93 | 168.03 | 168.03 | 168.03 |
| Ocugen, Inc. (OCGN)vs › | $356.88M | N/A | 110.74 | 38.62 | 24.97 |
| Relmada Therapeutics, Inc. (RLMD)vs › | $348.35M | 1.69 | 7.61 | 2.92 | 1.95 |
| Opus Genetics, Inc. (IRD)vs › | $359.17M | N/A | 47.62 | 29.95 | 29.95 |
| Embecta Corp. (EMBC)vs › | $360.46M | N/A | N/A | N/A | N/A |
| Canopy Growth Corporation (CGC)vs › | $373.73M | 0.77 | 0.64 | 0.88 | 4.41 |
At 18.27, P/B is above its estimated 5-year median — higher than 93% of readings in its estimated 5-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 5-year low
1.27
median
4.04
estimated 5-year high
521.88
P/B Ratio
18.27
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 | 19.91 |
| 2026-10-02 | 19.65 |
| 2026-10-01 | 20.97 |
| 2026-09-30 | 20.54 |
| 2026-09-29 | 20.08 |
| 2026-09-28 | 19.45 |
| 2026-09-25 | 19.65 |
| 2026-09-24 | 19.65 |
| 2026-09-23 | 19.58 |
| 2026-09-22 | 20.54 |
| 2026-09-21 | 20.64 |
| 2026-09-18 | 20.08 |
| 2026-09-17 | 19.09 |
| 2026-09-16 | 19.85 |
| 2026-09-15 | 19.95 |
| 2026-09-14 | 19.48 |
| 2026-09-11 | 20.21 |
| 2026-09-10 | 19.19 |
| 2026-09-09 | 18.00 |
| 2026-09-08 | 17.93 |
| 2026-09-04 | 16.78 |
| 2026-09-03 | 15.65 |
| 2026-09-02 | 16.35 |
| 2026-09-01 | 16.18 |
| 2026-08-31 | 16.64 |
| 2026-08-28 | 17.14 |
| 2026-08-27 | 16.88 |
| 2026-08-26 | 17.37 |
| 2026-08-25 | 17.70 |
| 2026-08-24 | 17.97 |
| 2026-08-21 | 17.70 |
| 2026-08-20 | 17.93 |
| 2026-08-19 | 18.33 |
| 2026-08-18 | 18.69 |
| 2026-08-17 | 15.59 |
| 2026-08-14 | 14.56 |
| 2026-08-13 | 14.70 |
| 2026-08-12 | 14.60 |
| 2026-08-11 | 14.53 |
| 2026-08-10 | 6.79 |
| 2026-08-07 | 6.46 |
| 2026-08-06 | 6.32 |
| 2026-08-05 | 6.43 |
| 2026-08-04 | 6.50 |
| 2026-08-03 | 6.27 |
| 2026-07-31 | 6.06 |
| 2026-07-30 | 6.08 |
| 2026-07-29 | 5.79 |
| 2026-07-28 | 5.88 |
| 2026-07-27 | 5.82 |
| 2026-07-24 | 5.69 |
| 2026-07-23 | 5.54 |
| 2026-07-22 | 5.53 |
| 2026-07-21 | 5.62 |
| 2026-07-20 | 5.65 |
| 2026-07-17 | 5.60 |
| 2026-07-16 | 5.66 |
| 2026-07-15 | 5.56 |
| 2026-07-14 | 5.62 |
| 2026-07-13 | 5.82 |
| 2026-07-10 | 6.08 |
| 2026-07-09 | 5.97 |
| 2026-07-08 | 5.97 |
| 2026-07-07 | 6.03 |
| 2026-07-06 | 6.21 |
| 2026-07-02 | 6.38 |
| 2026-07-01 | 6.55 |
| 2026-06-30 | 6.58 |
| 2026-06-29 | 7.23 |
| 2026-06-26 | 6.46 |
| 2026-06-25 | 5.94 |
| 2026-06-24 | 6.06 |
| 2026-06-23 | 6.15 |
| 2026-06-22 | 6.21 |
| 2026-06-18 | 6.08 |
| 2026-06-17 | 5.89 |
| 2026-06-16 | 5.86 |
| 2026-06-15 | 6.05 |
| 2026-06-12 | 6.24 |
| 2026-06-11 | 6.20 |
| 2026-06-10 | 6.12 |
| 2026-06-09 | 6.14 |
| 2026-06-08 | 6.01 |
| 2026-06-05 | 5.94 |
| 2026-06-04 | 6.08 |
| 2026-06-03 | 5.88 |
| 2026-06-02 | 5.95 |
| 2026-06-01 | 5.83 |
| 2026-05-29 | 5.95 |
| 2026-05-28 | 6.06 |
| 2026-05-27 | 6.01 |
| 2026-05-26 | 6.05 |
| 2026-05-22 | 6.18 |
| 2026-05-21 | 6.24 |
| 2026-05-20 | 6.06 |
| 2026-05-19 | 6.09 |
| 2026-05-18 | 6.06 |
| 2026-05-15 | 5.66 |
| 2026-05-14 | 6.26 |
| 2026-05-13 | 6.18 |
| 2026-05-12 | 3.79 |
| 2026-05-11 | 3.65 |
| 2026-05-08 | 3.77 |
| 2026-05-07 | 3.67 |
| 2026-05-06 | 3.83 |
| 2026-05-05 | 3.74 |
| 2026-05-04 | 3.75 |
| 2026-05-01 | 3.70 |
| 2026-04-30 | 3.72 |
| 2026-04-29 | 3.54 |
| 2026-04-28 | 3.64 |
| 2026-04-27 | 3.82 |
| 2026-04-24 | 3.85 |
| 2026-04-23 | 3.87 |
| 2026-04-22 | 3.93 |
| 2026-04-21 | 3.95 |
| 2026-04-20 | 4.06 |
| 2026-04-17 | 4.27 |
| 2026-04-16 | 4.17 |
| 2026-04-15 | 4.26 |
| 2026-04-14 | 4.21 |
| 2026-04-13 | 4.01 |
| 2026-04-10 | 3.85 |
| 2026-04-09 | 3.95 |
| 2026-04-08 | 3.98 |
| 2026-04-07 | 3.97 |
| 2026-04-06 | 3.95 |
| 2026-04-02 | 3.98 |
| 2026-04-01 | 4.05 |
| 2026-03-31 | 3.96 |
| 2026-03-30 | 3.80 |
| 2026-03-27 | 3.97 |
| 2026-03-26 | 4.19 |
| 2026-03-25 | 4.26 |
| 2026-03-24 | 4.35 |
| 2026-03-23 | 4.44 |
| 2026-03-20 | 4.33 |
| 2026-03-19 | 4.33 |
| 2026-03-18 | 4.21 |
| 2026-03-17 | 4.30 |
| 2026-03-16 | 4.24 |
| 2026-03-13 | 3.92 |
| 2026-03-12 | 5.23 |
| 2026-03-11 | 5.49 |
| 2026-03-10 | 5.54 |
| 2026-03-09 | 5.57 |
| 2026-03-06 | 5.15 |
| 2026-03-05 | 5.38 |
| 2026-03-04 | 5.44 |
| 2026-03-03 | 5.20 |
| 2026-03-02 | 5.23 |
| 2026-02-27 | 5.23 |
| 2026-02-26 | 5.17 |
| 2026-02-25 | 5.19 |
| 2026-02-24 | 4.92 |
| 2026-02-23 | 4.81 |
| 2026-02-20 | 4.68 |
| 2026-02-19 | 4.75 |
| 2026-02-18 | 4.77 |
| 2026-02-17 | 4.58 |
| 2026-02-13 | 4.57 |
| 2026-02-12 | 4.56 |
| 2026-02-11 | 4.84 |
| 2026-02-10 | 4.98 |
| 2026-02-09 | 4.68 |
| 2026-02-06 | 4.67 |
| 2026-02-05 | 4.43 |
| 2026-02-04 | 4.53 |
| 2026-02-03 | 4.87 |
| 2026-02-02 | 4.80 |
| 2026-01-30 | 4.16 |
| 2026-01-29 | 4.45 |
| 2026-01-28 | 4.69 |
| 2026-01-27 | 4.96 |
| 2026-01-26 | 4.71 |
| 2026-01-23 | 4.82 |
| 2026-01-22 | 4.93 |
| 2026-01-21 | 4.88 |
| 2026-01-20 | 4.82 |
| 2026-01-16 | 5.04 |
| 2026-01-15 | 4.98 |
| 2026-01-14 | 5.32 |
| 2026-01-13 | 5.11 |
| 2026-01-12 | 5.56 |
| 2026-01-09 | 5.73 |
| 2026-01-08 | 5.77 |
| 2026-01-07 | 5.72 |
| 2026-01-06 | 5.31 |
| 2026-01-05 | 5.06 |
| 2026-01-02 | 5.14 |
| 2025-12-31 | 4.95 |
| 2025-12-30 | 4.94 |
| 2025-12-29 | 5.02 |
| 2025-12-26 | 5.15 |
| 2025-12-24 | 5.17 |
| 2025-12-23 | 5.17 |
| 2025-12-22 | 5.26 |
| 2025-12-19 | 5.19 |
| 2025-12-18 | 5.18 |
| 2025-12-17 | 5.13 |
| 2025-12-16 | 5.32 |
| 2025-12-15 | 5.13 |
| 2025-12-12 | 5.38 |
| 2025-12-11 | 5.45 |
| 2025-12-10 | 5.57 |
| 2025-12-09 | 5.01 |
| 2025-12-08 | 5.24 |
| 2025-12-05 | 5.25 |
| 2025-12-04 | 5.58 |
| 2025-12-03 | 5.80 |
| 2025-12-02 | 5.69 |
| 2025-12-01 | 5.95 |
| 2025-11-28 | 6.35 |
| 2025-11-26 | 6.25 |
| 2025-11-25 | 6.38 |
| 2025-11-24 | 5.77 |
| 2025-11-21 | 5.40 |
| 2025-11-20 | 5.29 |
| 2025-11-19 | 5.56 |
| 2025-11-18 | 5.05 |
| 2025-11-17 | 4.93 |
| 2025-11-14 | 4.70 |
| 2025-11-13 | 4.99 |
| 2025-11-12 | 5.27 |
| 2025-11-11 | 4.89 |
| 2025-11-10 | 491.95 |
| 2025-11-07 | 495.85 |
| 2025-11-06 | 495.85 |
| 2025-11-05 | 510.17 |
| 2025-11-04 | 486.74 |
| 2025-11-03 | 514.07 |
| 2025-10-31 | 507.56 |
| 2025-10-30 | 521.88 |
| 2025-10-29 | 469.82 |
| 2025-10-28 | 493.25 |
| 2025-10-27 | 514.07 |
| 2025-10-24 | 515.37 |
| 2025-10-23 | 494.55 |
| 2025-10-22 | 463.32 |
| 2025-10-21 | 506.26 |
| 2025-10-20 | 507.56 |
| 2025-10-17 | 432.08 |
| 2025-10-16 | 478.93 |
| 2025-10-15 | 476.33 |
| 2025-10-14 | 463.32 |
| 2025-10-13 | 415.16 |
| 2025-10-10 | 409.96 |
| 2025-10-09 | 373.52 |
| 2025-10-08 | 377.42 |
| 2025-10-07 | 355.30 |
| 2025-10-06 | 360.50 |
| 2025-10-03 | 352.69 |
| 2025-10-02 | 348.79 |
| 2025-10-01 | 331.87 |
| 2025-09-30 | 322.76 |
| 2025-09-29 | 320.16 |
| 2025-09-26 | 314.95 |
| 2025-09-25 | 316.25 |
| 2025-09-24 | 314.95 |
| 2025-09-23 | 305.84 |
Showing the most recent 260 of 1,135 data points. The chart above shows the full history.
