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 2.63 is in line with its estimated 5-year average of 2.79, near the low end of its estimated 5-year range (0.35–18.68).
As of 2026-10-02T21:35:48.090Z. 52.30% below its estimated 12-month average of 5.51.
Calculation as of: 2026-10-02T21:35:48.090Z.
Quote observation: 2026-10-02T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: fcdb5eeae85498f8117d590326ed6331d97c7c975162313816d3018b38ca4cf1
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 2026-10-01.
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
2.63
PB RATIO AVG TTM
5.51
PB RATIO AVG 3Y
4.46
PB RATIO AVG 5Y
2.79
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-52.30%
CURRENT VS 3Y AVG
-41.08%
CURRENT VS 5Y AVG
-5.61%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.51
median of 206 covered companies
CURRENT VS SECTOR MEDIAN
-59.60%
vs the sector median at left
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ondas Holdings Inc. (ONDS) | $4.13B | 2.63 | 5.51 | 4.46 | 2.79 |
| Clear Secure, Inc. (YOU)vs › | $4.18B | 20.27 | 25.70 | 18.60 | 14.27 |
| Tenable Holdings, Inc. (TENB)vs › | $4.06B | 20.48 | 11.78 | 12.59 | 15.97 |
| Dlocal Limited (DLO)vs › | $4.03B | 7.47 | 7.89 | 7.98 | 14.53 |
| Bill.com Holdings, Inc. (BILL)vs › | $4.34B | 1.23 | 1.20 | 1.49 | 2.45 |
| AXT, Inc. (AXTI)vs › | $4.36B | 4.91 | 8.48 | 3.21 | 2.38 |
| Workiva Inc. (WK)vs › | $3.88B | N/A | 14439.03 | 3857.19 | 2539.72 |
| Wix.com Ltd. (WIX)vs › | $3.81B | N/A | 48.47 | 48.91 | 249.41 |
| Itron, Inc. (ITRI)vs › | $3.79B | 2.34 | 2.67 | 3.16 | 2.81 |
| Axcelis Technologies, Inc. (ACLS)vs › | $4.54B | 4.26 | 3.38 | 3.50 | 4.14 |
At 2.63, P/B is near its estimated 6-year median — higher than 50% of readings in its estimated 6-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 6-year low
0.35
median
2.64
estimated 6-year high
18.68
P/B Ratio
2.63
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 |
|---|---|
| 2026-10-01 | 2.28 |
| 2026-09-30 | 2.35 |
| 2026-09-29 | 2.40 |
| 2026-09-28 | 2.46 |
| 2026-09-25 | 2.45 |
| 2026-09-24 | 2.44 |
| 2026-09-23 | 2.37 |
| 2026-09-22 | 2.48 |
| 2026-09-21 | 2.37 |
| 2026-09-18 | 2.37 |
| 2026-09-17 | 2.37 |
| 2026-09-16 | 2.31 |
| 2026-09-15 | 2.32 |
| 2026-09-14 | 2.32 |
| 2026-09-11 | 2.32 |
| 2026-09-10 | 2.33 |
| 2026-09-09 | 2.34 |
| 2026-09-08 | 2.44 |
| 2026-09-04 | 2.44 |
| 2026-09-03 | 2.45 |
| 2026-09-02 | 2.44 |
| 2026-09-01 | 2.26 |
| 2026-08-31 | 2.46 |
| 2026-08-28 | 2.53 |
| 2026-08-27 | 2.81 |
| 2026-08-26 | 2.64 |
| 2026-08-25 | 2.64 |
| 2026-08-24 | 2.64 |
| 2026-08-21 | 2.79 |
| 2026-08-20 | 2.69 |
| 2026-08-19 | 2.85 |
| 2026-08-18 | 2.91 |
| 2026-08-17 | 2.89 |
| 2026-08-14 | 2.96 |
| 2026-08-13 | 3.83 |
| 2026-08-12 | 4.20 |
| 2026-08-11 | 4.19 |
| 2026-08-10 | 4.00 |
| 2026-08-07 | 3.92 |
| 2026-08-06 | 3.76 |
| 2026-08-05 | 3.81 |
| 2026-08-04 | 3.81 |
| 2026-08-03 | 3.60 |
| 2026-07-31 | 3.22 |
| 2026-07-30 | 3.26 |
| 2026-07-29 | 2.92 |
| 2026-07-28 | 3.38 |
| 2026-07-27 | 3.45 |
| 2026-07-24 | 3.35 |
| 2026-07-23 | 3.41 |
| 2026-07-22 | 3.44 |
| 2026-07-21 | 3.29 |
| 2026-07-20 | 2.95 |
| 2026-07-17 | 2.81 |
| 2026-07-16 | 2.86 |
| 2026-07-15 | 3.03 |
| 2026-07-14 | 3.16 |
| 2026-07-13 | 2.99 |
| 2026-07-10 | 3.12 |
| 2026-07-09 | 3.29 |
| 2026-07-08 | 3.23 |
| 2026-07-07 | 3.16 |
| 2026-07-06 | 3.36 |
| 2026-07-02 | 3.19 |
| 2026-07-01 | 3.40 |
| 2026-06-30 | 3.54 |
| 2026-06-29 | 3.45 |
| 2026-06-26 | 3.37 |
| 2026-06-25 | 3.30 |
| 2026-06-24 | 3.30 |
| 2026-06-23 | 3.67 |
| 2026-06-22 | 3.82 |
| 2026-06-18 | 3.99 |
| 2026-06-17 | 3.92 |
| 2026-06-16 | 3.96 |
| 2026-06-15 | 4.09 |
| 2026-06-12 | 4.01 |
| 2026-06-11 | 4.23 |
| 2026-06-10 | 4.00 |
| 2026-06-09 | 4.15 |
| 2026-06-08 | 4.43 |
| 2026-06-05 | 4.48 |
| 2026-06-04 | 5.15 |
| 2026-06-03 | 4.99 |
| 2026-06-02 | 5.84 |
| 2026-06-01 | 5.79 |
| 2026-05-29 | 5.68 |
| 2026-05-28 | 5.70 |
| 2026-05-27 | 4.64 |
| 2026-05-26 | 4.20 |
| 2026-05-22 | 3.89 |
| 2026-05-21 | 3.95 |
| 2026-05-20 | 4.02 |
| 2026-05-19 | 3.92 |
| 2026-05-18 | 4.17 |
| 2026-05-15 | 9.25 |
| 2026-05-14 | 9.76 |
| 2026-05-13 | 7.71 |
| 2026-05-12 | 7.87 |
| 2026-05-11 | 8.20 |
| 2026-05-08 | 7.89 |
| 2026-05-07 | 7.74 |
| 2026-05-06 | 8.13 |
| 2026-05-05 | 8.12 |
| 2026-05-04 | 8.47 |
| 2026-05-01 | 8.98 |
| 2026-04-30 | 8.74 |
| 2026-04-29 | 8.28 |
| 2026-04-28 | 9.12 |
| 2026-04-27 | 9.53 |
| 2026-04-24 | 9.18 |
| 2026-04-23 | 9.18 |
| 2026-04-22 | 9.63 |
| 2026-04-21 | 9.46 |
| 2026-04-20 | 9.34 |
| 2026-04-17 | 8.71 |
| 2026-04-16 | 8.88 |
| 2026-04-15 | 8.73 |
| 2026-04-14 | 8.18 |
| 2026-04-13 | 8.24 |
| 2026-04-10 | 7.95 |
| 2026-04-09 | 7.96 |
| 2026-04-08 | 8.23 |
| 2026-04-07 | 8.30 |
| 2026-04-06 | 8.29 |
| 2026-04-02 | 8.36 |
| 2026-04-01 | 7.67 |
| 2026-03-31 | 7.87 |
| 2026-03-30 | 4.36 |
| 2026-03-27 | 4.71 |
| 2026-03-26 | 5.05 |
| 2026-03-25 | 5.51 |
| 2026-03-24 | 5.71 |
| 2026-03-23 | 5.83 |
| 2026-03-20 | 5.38 |
| 2026-03-19 | 5.75 |
| 2026-03-18 | 5.79 |
| 2026-03-17 | 6.03 |
| 2026-03-16 | 5.63 |
| 2026-03-13 | 5.43 |
| 2026-03-12 | 5.52 |
| 2026-03-11 | 5.26 |
| 2026-03-10 | 5.35 |
| 2026-03-09 | 5.20 |
| 2026-03-06 | 5.26 |
| 2026-03-05 | 5.61 |
| 2026-03-04 | 5.62 |
| 2026-03-03 | 5.36 |
| 2026-03-02 | 5.71 |
| 2026-02-27 | 5.39 |
| 2026-02-26 | 5.59 |
| 2026-02-25 | 5.51 |
| 2026-02-24 | 5.56 |
| 2026-02-23 | 5.45 |
| 2026-02-20 | 5.36 |
| 2026-02-19 | 6.09 |
| 2026-02-18 | 5.92 |
| 2026-02-17 | 5.37 |
| 2026-02-13 | 4.98 |
| 2026-02-12 | 4.80 |
| 2026-02-11 | 4.94 |
| 2026-02-10 | 5.18 |
| 2026-02-09 | 5.53 |
| 2026-02-06 | 5.18 |
| 2026-02-05 | 4.53 |
| 2026-02-04 | 5.18 |
| 2026-02-03 | 6.08 |
| 2026-02-02 | 5.69 |
| 2026-01-30 | 5.54 |
| 2026-01-29 | 6.03 |
| 2026-01-28 | 6.56 |
| 2026-01-27 | 6.56 |
| 2026-01-26 | 5.97 |
| 2026-01-23 | 6.51 |
| 2026-01-22 | 6.75 |
| 2026-01-21 | 6.71 |
| 2026-01-20 | 7.02 |
| 2026-01-16 | 6.50 |
| 2026-01-15 | 6.85 |
| 2026-01-14 | 7.25 |
| 2026-01-13 | 7.43 |
| 2026-01-12 | 7.05 |
| 2026-01-09 | 7.32 |
| 2026-01-08 | 7.49 |
| 2026-01-07 | 6.51 |
| 2026-01-06 | 6.87 |
| 2026-01-05 | 6.70 |
| 2026-01-02 | 5.89 |
| 2025-12-31 | 5.22 |
| 2025-12-30 | 4.81 |
| 2025-12-29 | 4.52 |
| 2025-12-26 | 4.53 |
| 2025-12-24 | 4.88 |
| 2025-12-23 | 4.79 |
| 2025-12-22 | 4.96 |
| 2025-12-19 | 4.93 |
| 2025-12-18 | 4.17 |
| 2025-12-17 | 3.94 |
| 2025-12-16 | 4.33 |
| 2025-12-15 | 4.11 |
| 2025-12-12 | 4.68 |
| 2025-12-11 | 4.82 |
| 2025-12-10 | 4.45 |
| 2025-12-09 | 4.94 |
| 2025-12-08 | 4.82 |
| 2025-12-05 | 4.85 |
| 2025-12-04 | 4.91 |
| 2025-12-03 | 4.77 |
| 2025-12-02 | 4.32 |
| 2025-12-01 | 4.05 |
| 2025-11-28 | 4.22 |
| 2025-11-26 | 4.41 |
| 2025-11-25 | 4.51 |
| 2025-11-24 | 4.66 |
| 2025-11-21 | 3.60 |
| 2025-11-20 | 3.35 |
| 2025-11-19 | 4.01 |
| 2025-11-18 | 4.19 |
| 2025-11-17 | 3.35 |
| 2025-11-14 | 3.84 |
| 2025-11-13 | 10.88 |
| 2025-11-12 | 9.14 |
| 2025-11-11 | 9.62 |
| 2025-11-10 | 9.75 |
| 2025-11-07 | 9.64 |
| 2025-11-06 | 8.71 |
| 2025-11-05 | 9.95 |
| 2025-11-04 | 9.89 |
| 2025-11-03 | 10.20 |
| 2025-10-31 | 10.68 |
| 2025-10-30 | 10.43 |
| 2025-10-29 | 11.20 |
| 2025-10-28 | 11.26 |
| 2025-10-27 | 12.49 |
| 2025-10-24 | 12.37 |
| 2025-10-23 | 11.71 |
| 2025-10-22 | 11.18 |
| 2025-10-21 | 11.93 |
| 2025-10-20 | 12.89 |
| 2025-10-17 | 12.62 |
| 2025-10-16 | 13.60 |
| 2025-10-15 | 15.78 |
| 2025-10-14 | 17.27 |
| 2025-10-13 | 17.93 |
| 2025-10-10 | 15.29 |
| 2025-10-09 | 17.40 |
| 2025-10-08 | 18.68 |
| 2025-10-07 | 18.40 |
| 2025-10-06 | 17.68 |
| 2025-10-03 | 16.44 |
| 2025-10-02 | 15.28 |
| 2025-10-01 | 12.13 |
| 2025-09-30 | 12.81 |
| 2025-09-29 | 13.05 |
| 2025-09-26 | 12.71 |
| 2025-09-25 | 12.86 |
| 2025-09-24 | 12.19 |
| 2025-09-23 | 13.07 |
| 2025-09-22 | 12.04 |
| 2025-09-19 | 11.15 |
Showing the most recent 260 of 1,399 data points. The chart above shows the full history.