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 12.11 is in line with its estimated 5-year average of 12.82, around the middle of its estimated 5-year range (4.91–23.88).
As of 2026-10-02T19:55:49.395Z. 42.54% above its estimated 12-month average of 8.50.
Calculation as of: 2026-10-02T19:55:49.395Z.
Quote observation: 2026-10-02T19:55:07.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 37663888573ab8db0cd1d8d7acb5fb895e08cc0f6b60f239017def7c033aa829
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
12.11
PB RATIO AVG TTM
8.50
PB RATIO AVG 3Y
10.59
PB RATIO AVG 5Y
12.82
PB RATIO AVG 10Y
10.19
PB RATIO AVG 15Y
9.54
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+42.54%
CURRENT VS 3Y AVG
+14.31%
CURRENT VS 5Y AVG
-5.52%
CURRENT VS 10Y AVG
+18.84%
CURRENT VS 15Y AVG
+26.89%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.60
median of 205 covered companies
CURRENT VS SECTOR MEDIAN
+83.48%
vs the sector median at left
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Qualys, Inc. (QLYS) | $6.81B | 12.11 | 8.50 | 10.59 | 12.82 |
| Duolingo, Inc. (DUOL)vs › | $6.73B | 4.77 | 6.00 | 13.55 | 12.82 |
| UiPath Inc. (PATH)vs › | $6.95B | 3.57 | 3.79 | 4.31 | 4.42 |
| Cipher Mining Inc. (CIFR)vs › | $6.42B | 11.42 | 10.14 | 5.00 | 3.94 |
| AppFolio Inc. (APPF)vs › | $7.25B | 13.78 | 14.17 | 19.92 | 18.62 |
| Applied Digital Corp. (APLD)vs › | $7.28B | 4.09 | 6.23 | 5.02 | 5.32 |
| Plexus Corp. (PLXS)vs › | $7.30B | 4.78 | 3.94 | 3.07 | 2.80 |
| Silicon Laboratories Inc. (SLAB)vs › | $7.35B | 6.71 | 5.67 | 4.23 | 3.86 |
| Cirrus Logic, Inc. (CRUS)vs › | $6.11B | 2.79 | 3.44 | 3.19 | 3.10 |
| Camtek Ltd. (CAMT)vs › | $7.72B | 10.88 | 11.40 | 9.22 | 7.38 |
At 12.11, P/B is above its estimated 14-year median — higher than 78% of readings in its estimated 14-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 14-year low
3.62
median
9.73
estimated 14-year high
23.88
P/B Ratio
12.11
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 | 11.79 |
| 2026-09-30 | 11.77 |
| 2026-09-29 | 11.21 |
| 2026-09-28 | 10.93 |
| 2026-09-25 | 10.84 |
| 2026-09-24 | 11.50 |
| 2026-09-23 | 11.62 |
| 2026-09-22 | 11.53 |
| 2026-09-21 | 11.38 |
| 2026-09-18 | 11.00 |
| 2026-09-17 | 11.20 |
| 2026-09-16 | 11.51 |
| 2026-09-15 | 11.66 |
| 2026-09-14 | 10.87 |
| 2026-09-11 | 9.45 |
| 2026-09-10 | 10.16 |
| 2026-09-09 | 10.70 |
| 2026-09-08 | 10.71 |
| 2026-09-04 | 10.79 |
| 2026-09-03 | 10.96 |
| 2026-09-02 | 10.74 |
| 2026-09-01 | 11.13 |
| 2026-08-31 | 11.70 |
| 2026-08-28 | 11.76 |
| 2026-08-27 | 11.86 |
| 2026-08-26 | 11.11 |
| 2026-08-25 | 11.06 |
| 2026-08-24 | 11.22 |
| 2026-08-21 | 11.44 |
| 2026-08-20 | 11.46 |
| 2026-08-19 | 11.74 |
| 2026-08-18 | 11.82 |
| 2026-08-17 | 11.53 |
| 2026-08-14 | 11.70 |
| 2026-08-13 | 12.32 |
| 2026-08-12 | 11.77 |
| 2026-08-11 | 11.84 |
| 2026-08-10 | 11.68 |
| 2026-08-07 | 11.54 |
| 2026-08-06 | 11.43 |
| 2026-08-05 | 11.52 |
| 2026-08-04 | 10.08 |
| 2026-08-03 | 9.70 |
| 2026-07-31 | 9.06 |
| 2026-07-30 | 8.87 |
| 2026-07-29 | 8.46 |
| 2026-07-28 | 8.50 |
| 2026-07-27 | 8.44 |
| 2026-07-24 | 8.61 |
| 2026-07-23 | 8.37 |
| 2026-07-22 | 8.78 |
| 2026-07-21 | 9.00 |
| 2026-07-20 | 9.79 |
| 2026-07-17 | 9.98 |
| 2026-07-16 | 9.86 |
| 2026-07-15 | 9.97 |
| 2026-07-14 | 10.28 |
| 2026-07-13 | 9.49 |
| 2026-07-10 | 9.56 |
| 2026-07-09 | 9.98 |
| 2026-07-08 | 9.61 |
| 2026-07-07 | 9.86 |
| 2026-07-06 | 9.91 |
| 2026-07-02 | 9.27 |
| 2026-07-01 | 8.98 |
| 2026-06-30 | 8.61 |
| 2026-06-29 | 8.03 |
| 2026-06-26 | 7.72 |
| 2026-06-25 | 7.27 |
| 2026-06-24 | 7.22 |
| 2026-06-23 | 7.03 |
| 2026-06-22 | 6.79 |
| 2026-06-18 | 6.97 |
| 2026-06-17 | 7.02 |
| 2026-06-16 | 7.12 |
| 2026-06-15 | 7.18 |
| 2026-06-12 | 6.96 |
| 2026-06-11 | 6.94 |
| 2026-06-10 | 6.90 |
| 2026-06-09 | 6.87 |
| 2026-06-08 | 6.91 |
| 2026-06-05 | 6.88 |
| 2026-06-04 | 6.98 |
| 2026-06-03 | 6.99 |
| 2026-06-02 | 7.10 |
| 2026-06-01 | 7.14 |
| 2026-05-29 | 6.84 |
| 2026-05-28 | 6.28 |
| 2026-05-27 | 6.16 |
| 2026-05-26 | 6.41 |
| 2026-05-22 | 6.41 |
| 2026-05-21 | 6.31 |
| 2026-05-20 | 6.30 |
| 2026-05-19 | 6.27 |
| 2026-05-18 | 6.13 |
| 2026-05-15 | 5.64 |
| 2026-05-14 | 5.43 |
| 2026-05-13 | 5.42 |
| 2026-05-12 | 5.64 |
| 2026-05-11 | 5.73 |
| 2026-05-08 | 5.90 |
| 2026-05-07 | 5.95 |
| 2026-05-06 | 5.69 |
| 2026-05-05 | 5.93 |
| 2026-05-04 | 5.96 |
| 2026-05-01 | 5.70 |
| 2026-04-30 | 5.60 |
| 2026-04-29 | 5.77 |
| 2026-04-28 | 5.52 |
| 2026-04-27 | 5.48 |
| 2026-04-24 | 5.43 |
| 2026-04-23 | 5.41 |
| 2026-04-22 | 5.71 |
| 2026-04-21 | 5.56 |
| 2026-04-20 | 5.28 |
| 2026-04-17 | 5.36 |
| 2026-04-16 | 5.42 |
| 2026-04-15 | 5.49 |
| 2026-04-14 | 5.36 |
| 2026-04-13 | 5.24 |
| 2026-04-10 | 4.91 |
| 2026-04-09 | 4.94 |
| 2026-04-08 | 5.63 |
| 2026-04-07 | 5.68 |
| 2026-04-06 | 5.82 |
| 2026-04-02 | 5.69 |
| 2026-04-01 | 5.55 |
| 2026-03-31 | 5.66 |
| 2026-03-30 | 5.66 |
| 2026-03-27 | 5.51 |
| 2026-03-26 | 5.87 |
| 2026-03-25 | 5.79 |
| 2026-03-24 | 5.94 |
| 2026-03-23 | 6.27 |
| 2026-03-20 | 6.21 |
| 2026-03-19 | 6.22 |
| 2026-03-18 | 6.22 |
| 2026-03-17 | 6.12 |
| 2026-03-16 | 6.12 |
| 2026-03-13 | 6.42 |
| 2026-03-12 | 6.25 |
| 2026-03-11 | 6.23 |
| 2026-03-10 | 6.14 |
| 2026-03-09 | 6.21 |
| 2026-03-06 | 6.35 |
| 2026-03-05 | 6.40 |
| 2026-03-04 | 6.32 |
| 2026-03-03 | 6.27 |
| 2026-03-02 | 6.09 |
| 2026-02-27 | 5.96 |
| 2026-02-26 | 6.03 |
| 2026-02-25 | 5.88 |
| 2026-02-24 | 5.59 |
| 2026-02-23 | 5.58 |
| 2026-02-20 | 6.35 |
| 2026-02-19 | 7.07 |
| 2026-02-18 | 7.16 |
| 2026-02-17 | 7.12 |
| 2026-02-13 | 7.19 |
| 2026-02-12 | 7.18 |
| 2026-02-11 | 7.56 |
| 2026-02-10 | 7.77 |
| 2026-02-09 | 7.48 |
| 2026-02-06 | 7.60 |
| 2026-02-05 | 8.76 |
| 2026-02-04 | 8.86 |
| 2026-02-03 | 8.74 |
| 2026-02-02 | 9.25 |
| 2026-01-30 | 9.04 |
| 2026-01-29 | 9.06 |
| 2026-01-28 | 9.10 |
| 2026-01-27 | 9.12 |
| 2026-01-26 | 9.06 |
| 2026-01-23 | 8.83 |
| 2026-01-22 | 8.98 |
| 2026-01-21 | 9.08 |
| 2026-01-20 | 9.05 |
| 2026-01-16 | 9.23 |
| 2026-01-15 | 9.17 |
| 2026-01-14 | 9.19 |
| 2026-01-13 | 9.13 |
| 2026-01-12 | 9.27 |
| 2026-01-09 | 9.13 |
| 2026-01-08 | 9.14 |
| 2026-01-07 | 9.04 |
| 2026-01-06 | 8.91 |
| 2026-01-05 | 8.98 |
| 2026-01-02 | 8.98 |
| 2025-12-31 | 9.11 |
| 2025-12-30 | 9.23 |
| 2025-12-29 | 9.42 |
| 2025-12-26 | 9.48 |
| 2025-12-24 | 9.57 |
| 2025-12-23 | 9.53 |
| 2025-12-22 | 9.66 |
| 2025-12-19 | 9.79 |
| 2025-12-18 | 9.80 |
| 2025-12-17 | 9.73 |
| 2025-12-16 | 9.84 |
| 2025-12-15 | 9.93 |
| 2025-12-12 | 10.46 |
| 2025-12-11 | 10.44 |
| 2025-12-10 | 10.40 |
| 2025-12-09 | 10.29 |
| 2025-12-08 | 10.27 |
| 2025-12-05 | 10.01 |
| 2025-12-04 | 10.26 |
| 2025-12-03 | 10.22 |
| 2025-12-02 | 10.00 |
| 2025-12-01 | 9.81 |
| 2025-11-28 | 9.66 |
| 2025-11-26 | 9.71 |
| 2025-11-25 | 9.72 |
| 2025-11-24 | 9.63 |
| 2025-11-21 | 9.81 |
| 2025-11-20 | 9.45 |
| 2025-11-19 | 9.47 |
| 2025-11-18 | 9.50 |
| 2025-11-17 | 9.56 |
| 2025-11-14 | 9.84 |
| 2025-11-13 | 9.83 |
| 2025-11-12 | 10.29 |
| 2025-11-11 | 10.54 |
| 2025-11-10 | 10.42 |
| 2025-11-07 | 10.26 |
| 2025-11-06 | 10.08 |
| 2025-11-05 | 10.02 |
| 2025-11-04 | 8.71 |
| 2025-11-03 | 8.99 |
| 2025-10-31 | 8.86 |
| 2025-10-30 | 8.90 |
| 2025-10-29 | 8.81 |
| 2025-10-28 | 9.13 |
| 2025-10-27 | 9.06 |
| 2025-10-24 | 9.20 |
| 2025-10-23 | 9.19 |
| 2025-10-22 | 9.21 |
| 2025-10-21 | 9.47 |
| 2025-10-20 | 9.17 |
| 2025-10-17 | 9.10 |
| 2025-10-16 | 9.17 |
| 2025-10-15 | 9.18 |
| 2025-10-14 | 9.17 |
| 2025-10-13 | 9.19 |
| 2025-10-10 | 9.26 |
| 2025-10-09 | 9.33 |
| 2025-10-08 | 9.29 |
| 2025-10-07 | 9.17 |
| 2025-10-06 | 9.31 |
| 2025-10-03 | 9.42 |
| 2025-10-02 | 9.40 |
| 2025-10-01 | 9.44 |
| 2025-09-30 | 9.51 |
| 2025-09-29 | 9.81 |
| 2025-09-26 | 9.82 |
| 2025-09-25 | 9.73 |
| 2025-09-24 | 9.78 |
| 2025-09-23 | 9.69 |
| 2025-09-22 | 9.80 |
| 2025-09-19 | 9.74 |
Showing the most recent 260 of 3,415 data points. The chart above shows the full history.