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 3.92 is 35% below its estimated 1-year average of 5.99, near the low end of its estimated 1-year range (1.81–11.06).
As of 2026-10-06T22:33:08.209Z.
Calculation as of: 2026-10-06T22:33:08.209Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 0106081b6e3711cd81069436a8d13501adbdf6f3186efec8e605ac9b4ad91a2e
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
3.92
PB RATIO AVG TTM
N/A
PB RATIO AVG 3Y
N/A
PB RATIO AVG 5Y
N/A
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
3.47
median of 581 covered companies
CURRENT VS SECTOR MEDIAN
+12.97%
vs the sector median at left
Market Cap
$131.04M
PB Ratio
N/A
TTM Avg
4.94
3Y Avg
4.94
5Y Avg
4.94
Market Cap
$100.29M
PB Ratio
2.80
TTM Avg
1.62
3Y Avg
1.62
5Y Avg
1.62
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| RTB Digital Inc (RTB) | $118.90M | 3.92 | N/A | N/A | N/A |
| CTW Cayman Class A Ordinary Shares (CTW)vs › | $131.04M | N/A | 4.94 | 4.94 | 4.94 |
| Datavault AI Inc. (DVLT)vs › | $131.50M | 0.53 | 0.99 | 0.85 | 0.85 |
| Tucows Inc. (TCX)vs › | $104.69M | N/A | 7.35 | 6.14 | 6.61 |
| KVH Industries, Inc. (KVHI)vs › | $133.75M | 1.03 | 1.14 | 0.83 | 1.00 |
| Roadzen, Inc. (RDZN)vs › | $103.17M | N/A | 71.73 | 46.42 | 46.42 |
| Huckleberry.ai, Inc. Class B (HUCK)vs › | $136.57M | N/A | N/A | N/A | N/A |
| GCL Global Holdings Ltd Ordinary Shares (GCL)vs › | $100.29M | 2.80 | 1.62 | 1.62 | 1.62 |
| Digimarc Corp. (DMRC)vs › | $138.47M | 4.73 | 4.30 | 6.62 | 6.43 |
| Axe Compute Inc. (AGPU)vs › | $141.27M | 4.15 | 4.17 | 20.03 | 17.62 |
At 3.92, P/B is below its estimated 1-year median — higher than 31% of readings in its estimated 1-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 1-year low
1.81
median
4.51
estimated 1-year high
11.06
P/B Ratio
3.92
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 | 2.27 |
| 2026-10-02 | 2.36 |
| 2026-10-01 | 2.16 |
| 2026-09-30 | 2.26 |
| 2026-09-29 | 2.41 |
| 2026-09-28 | 2.39 |
| 2026-09-25 | 2.62 |
| 2026-09-24 | 2.63 |
| 2026-09-23 | 2.51 |
| 2026-09-22 | 2.44 |
| 2026-09-21 | 2.15 |
| 2026-09-18 | 2.05 |
| 2026-09-17 | 2.22 |
| 2026-09-16 | 2.27 |
| 2026-09-15 | 1.85 |
| 2026-09-14 | 1.81 |
| 2026-09-11 | 1.98 |
| 2026-09-10 | 2.10 |
| 2026-09-09 | 2.09 |
| 2026-09-08 | 2.27 |
| 2026-09-04 | 2.92 |
| 2026-09-03 | 2.89 |
| 2026-09-02 | 3.10 |
| 2026-09-01 | 3.17 |
| 2026-08-31 | 3.44 |
| 2026-08-28 | 3.31 |
| 2026-08-27 | 3.30 |
| 2026-08-26 | 3.19 |
| 2026-08-25 | 3.23 |
| 2026-08-24 | 3.14 |
| 2026-08-21 | 3.47 |
| 2026-08-20 | 3.63 |
| 2026-08-19 | 3.40 |
| 2026-08-18 | 4.14 |
| 2026-08-17 | 4.31 |
| 2026-08-14 | 4.44 |
| 2026-08-13 | 4.41 |
| 2026-08-12 | 4.24 |
| 2026-08-11 | 4.35 |
| 2026-08-10 | 4.27 |
| 2026-08-07 | 4.34 |
| 2026-08-06 | 4.06 |
| 2026-08-05 | 4.31 |
| 2026-08-04 | 4.26 |
| 2026-08-03 | 3.96 |
| 2026-07-31 | 4.00 |
| 2026-07-30 | 4.23 |
| 2026-07-29 | 4.30 |
| 2026-07-28 | 4.79 |
| 2026-07-27 | 4.31 |
| 2026-07-24 | 3.96 |
| 2026-07-23 | 3.90 |
| 2026-07-22 | 3.75 |
| 2026-07-21 | 4.09 |
| 2026-07-20 | 3.80 |
| 2026-07-17 | 4.16 |
| 2026-07-16 | 4.40 |
| 2026-07-15 | 4.37 |
| 2026-07-14 | 3.89 |
| 2026-07-13 | 3.82 |
| 2026-07-10 | 4.31 |
| 2026-07-09 | 4.58 |
| 2026-07-08 | 4.92 |
| 2026-07-07 | 4.29 |
| 2026-07-06 | 4.29 |
| 2026-07-02 | 3.77 |
| 2026-07-01 | 3.77 |
| 2026-03-31 | 7.84 |
| 2026-03-30 | 6.95 |
| 2026-03-27 | 7.90 |
| 2026-03-26 | 8.32 |
| 2026-03-25 | 9.30 |
| 2026-03-24 | 8.12 |
| 2026-03-23 | 8.18 |
| 2026-03-20 | 8.54 |
| 2026-03-19 | 8.43 |
| 2026-03-18 | 8.59 |
| 2026-03-17 | 8.96 |
| 2026-03-16 | 8.88 |
| 2026-03-13 | 8.59 |
| 2026-03-12 | 8.71 |
| 2026-03-11 | 8.45 |
| 2026-03-10 | 8.71 |
| 2026-03-09 | 8.59 |
| 2026-03-06 | 8.48 |
| 2026-03-05 | 8.48 |
| 2026-03-04 | 8.60 |
| 2026-03-03 | 8.54 |
| 2026-03-02 | 8.69 |
| 2026-02-27 | 9.15 |
| 2026-02-26 | 9.50 |
| 2026-02-25 | 9.25 |
| 2026-02-24 | 9.35 |
| 2026-02-23 | 9.04 |
| 2026-02-20 | 8.59 |
| 2026-02-19 | 8.85 |
| 2026-02-18 | 9.08 |
| 2026-02-17 | 9.05 |
| 2026-02-13 | 9.38 |
| 2026-02-12 | 9.27 |
| 2026-02-11 | 9.99 |
| 2026-02-10 | 9.80 |
| 2026-02-09 | 10.41 |
| 2026-02-06 | 10.72 |
| 2026-02-05 | 8.26 |
| 2026-02-04 | 9.15 |
| 2026-02-03 | 8.73 |
| 2026-02-02 | 9.61 |
| 2026-01-30 | 9.50 |
| 2026-01-29 | 9.94 |
| 2026-01-28 | 10.73 |
| 2026-01-27 | 11.06 |
| 2026-01-26 | 8.85 |
| 2026-01-23 | 9.81 |
| 2026-01-22 | 8.15 |
| 2026-01-21 | 7.39 |
| 2026-01-20 | 7.99 |
| 2026-01-16 | 7.89 |
| 2026-01-15 | 8.38 |
| 2026-01-14 | 7.79 |
| 2026-01-13 | 8.06 |
| 2026-01-12 | 8.13 |
| 2026-01-09 | 8.51 |
| 2026-01-08 | 8.55 |
| 2026-01-07 | 8.60 |
| 2026-01-06 | 8.12 |
| 2026-01-05 | 7.65 |
| 2026-01-02 | 8.91 |