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 4.50 is in line with its estimated 1-year average of 4.34, around the middle of its estimated 1-year range (2.13–7.42).
As of 2026-09-12T00:16:11.622Z. 12.57% above its estimated 12-month average of 4.00.
Calculation as of: 2026-09-12T00:16:11.622Z.
Quote observation: 2026-09-11T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: a6d26aec952f5601b8e3f54c3f1dc4ffbe592c5de051c181be4c518a1ae8fd72
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 2026-09-09.
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
4.50
PB RATIO AVG TTM
4.00
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
+12.57%
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 · ENERGY
2.65
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+69.81%
vs the sector median at left
Market Cap
$25.46B
PB Ratio
15.22
TTM Avg
17.89
3Y Avg
18.49
5Y Avg
18.26
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Venture Global, Inc. (VG) | $38.58B | 4.50 | 4.00 | N/A | N/A |
| Cameco Corporation (CCJ)vs › | $42.11B | 8.38 | 9.73 | 6.45 | 4.99 |
| EQT Corporation (EQT)vs › | $33.82B | 1.34 | 1.46 | 1.32 | 1.34 |
| Tenaris S.A. (TS)vs › | $30.79B | 1.82 | 1.54 | 1.29 | 1.29 |
| Halliburton Company (HAL)vs › | $29.94B | 2.72 | 2.63 | 2.75 | 3.29 |
| Pembina Pipeline Corporation (PBA)vs › | $27.80B | 2.31 | 2.07 | 1.84 | 1.75 |
| Texas Pacific Land Corporation (TPL)vs › | $25.46B | 15.22 | 17.89 | 18.49 | 18.26 |
| First Solar, Inc. (FSLR)vs › | $22.46B | 2.18 | 2.66 | 2.68 | 2.57 |
| Expand Energy Corporation (EXE)vs › | $21.95B | 1.13 | 1.31 | 1.25 | 1.49 |
| Devon Energy Corporation (DVN)vs › | $55.25B | 1.32 | 1.62 | 1.89 | 2.62 |
At 4.50, P/B is near its estimated 1-year median — higher than 63% 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
2.13
median
4.18
estimated 1-year high
7.42
P/B Ratio
4.50
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 |
|---|---|
| 2026-09-09 | 4.71 |
| 2026-09-08 | 4.54 |
| 2026-09-04 | 4.45 |
| 2026-09-03 | 4.46 |
| 2026-09-02 | 4.54 |
| 2026-09-01 | 4.66 |
| 2026-08-31 | 4.51 |
| 2026-08-28 | 4.37 |
| 2026-08-27 | 4.46 |
| 2026-08-26 | 4.41 |
| 2026-08-25 | 4.34 |
| 2026-08-24 | 4.44 |
| 2026-08-21 | 4.38 |
| 2026-08-20 | 4.41 |
| 2026-08-19 | 4.25 |
| 2026-08-18 | 4.38 |
| 2026-08-17 | 4.24 |
| 2026-08-14 | 4.31 |
| 2026-08-13 | 4.17 |
| 2026-08-12 | 4.23 |
| 2026-08-11 | 4.08 |
| 2026-08-10 | 4.24 |
| 2026-08-07 | 3.94 |
| 2026-08-06 | 4.04 |
| 2026-08-05 | 3.70 |
| 2026-08-04 | 3.82 |
| 2026-08-03 | 3.89 |
| 2026-07-31 | 3.98 |
| 2026-07-30 | 3.94 |
| 2026-07-29 | 3.88 |
| 2026-07-28 | 3.62 |
| 2026-07-27 | 3.81 |
| 2026-07-24 | 4.25 |
| 2026-07-23 | 4.51 |
| 2026-07-22 | 4.41 |
| 2026-07-21 | 4.18 |
| 2026-07-20 | 4.25 |
| 2026-07-17 | 4.10 |
| 2026-07-16 | 3.77 |
| 2026-07-15 | 3.84 |
| 2026-07-14 | 3.93 |
| 2026-07-13 | 3.97 |
| 2026-07-10 | 3.64 |
| 2026-07-09 | 3.73 |
| 2026-07-08 | 3.68 |
| 2026-07-07 | 3.45 |
| 2026-07-06 | 3.23 |
| 2026-07-02 | 3.31 |
| 2026-07-01 | 3.28 |
| 2026-06-30 | 3.31 |
| 2026-06-29 | 3.32 |
| 2026-06-26 | 3.26 |
| 2026-06-25 | 3.22 |
| 2026-06-24 | 3.13 |
| 2026-06-23 | 3.33 |
| 2026-06-22 | 3.35 |
| 2026-06-18 | 3.28 |
| 2026-06-17 | 3.29 |
| 2026-06-16 | 3.30 |
| 2026-06-15 | 3.48 |
| 2026-06-12 | 3.89 |
| 2026-06-11 | 3.79 |
| 2026-06-10 | 3.95 |
| 2026-06-09 | 3.71 |
| 2026-06-08 | 3.82 |
| 2026-06-05 | 3.81 |
| 2026-06-04 | 3.91 |
| 2026-06-03 | 3.72 |
| 2026-06-02 | 3.68 |
| 2026-06-01 | 3.77 |
| 2026-05-29 | 3.58 |
| 2026-05-28 | 3.73 |
| 2026-05-27 | 3.68 |
| 2026-05-26 | 3.83 |
| 2026-05-22 | 4.11 |
| 2026-05-21 | 4.03 |
| 2026-05-20 | 4.17 |
| 2026-05-19 | 4.39 |
| 2026-05-18 | 4.21 |
| 2026-05-15 | 4.23 |
| 2026-05-14 | 3.87 |
| 2026-05-13 | 3.87 |
| 2026-05-12 | 3.95 |
| 2026-05-11 | 4.54 |
| 2026-05-08 | 4.47 |
| 2026-05-07 | 4.57 |
| 2026-05-06 | 4.69 |
| 2026-05-05 | 5.09 |
| 2026-05-04 | 5.38 |
| 2026-05-01 | 4.97 |
| 2026-04-30 | 5.19 |
| 2026-04-29 | 5.14 |
| 2026-04-28 | 4.75 |
| 2026-04-27 | 4.76 |
| 2026-04-24 | 4.65 |
| 2026-04-23 | 5.06 |
| 2026-04-22 | 4.82 |
| 2026-04-21 | 4.72 |
| 2026-04-20 | 4.47 |
| 2026-04-17 | 4.48 |
| 2026-04-16 | 4.96 |
| 2026-04-15 | 4.76 |
| 2026-04-14 | 4.89 |
| 2026-04-13 | 4.98 |
| 2026-04-10 | 5.07 |
| 2026-04-09 | 5.08 |
| 2026-04-08 | 5.64 |
| 2026-04-07 | 6.25 |
| 2026-04-06 | 6.23 |
| 2026-04-02 | 5.72 |
| 2026-04-01 | 5.74 |
| 2026-03-31 | 6.16 |
| 2026-03-30 | 6.60 |
| 2026-03-27 | 6.85 |
| 2026-03-26 | 6.57 |
| 2026-03-25 | 6.53 |
| 2026-03-24 | 6.49 |
| 2026-03-23 | 6.18 |
| 2026-03-20 | 6.18 |
| 2026-03-19 | 5.58 |
| 2026-03-18 | 5.80 |
| 2026-03-17 | 5.07 |
| 2026-03-16 | 4.80 |
| 2026-03-13 | 5.12 |
| 2026-03-12 | 4.99 |
| 2026-03-11 | 4.87 |
| 2026-03-10 | 4.45 |
| 2026-03-09 | 4.50 |
| 2026-03-06 | 4.88 |
| 2026-03-05 | 4.80 |
| 2026-03-04 | 4.36 |
| 2026-03-03 | 4.48 |
| 2026-03-02 | 4.09 |
| 2026-02-27 | 3.49 |
| 2026-02-26 | 3.41 |
| 2026-02-25 | 3.35 |
| 2026-02-24 | 3.36 |
| 2026-02-23 | 3.39 |
| 2026-02-20 | 3.49 |
| 2026-02-19 | 3.56 |
| 2026-02-18 | 3.44 |
| 2026-02-17 | 3.15 |
| 2026-02-13 | 3.37 |
| 2026-02-12 | 3.34 |
| 2026-02-11 | 3.52 |
| 2026-02-10 | 3.65 |
| 2026-02-09 | 3.66 |
| 2026-02-06 | 3.56 |
| 2026-02-05 | 3.35 |
| 2026-02-04 | 3.46 |
| 2026-02-03 | 3.41 |
| 2026-02-02 | 3.24 |
| 2026-01-30 | 3.53 |
| 2026-01-29 | 3.48 |
| 2026-01-28 | 3.42 |
| 2026-01-27 | 3.21 |
| 2026-01-26 | 3.37 |
| 2026-01-23 | 3.55 |
| 2026-01-22 | 3.43 |
| 2026-01-21 | 3.26 |
| 2026-01-20 | 3.05 |
| 2026-01-16 | 3.17 |
| 2026-01-15 | 2.86 |
| 2026-01-14 | 2.85 |
| 2026-01-13 | 2.83 |
| 2026-01-12 | 2.65 |
| 2026-01-09 | 2.60 |
| 2026-01-08 | 2.71 |
| 2026-01-07 | 2.45 |
| 2026-01-06 | 2.50 |
| 2026-01-05 | 2.46 |
| 2026-01-02 | 2.53 |
| 2025-12-31 | 2.45 |
| 2025-12-30 | 2.52 |
| 2025-12-29 | 2.53 |
| 2025-12-26 | 2.50 |
| 2025-12-24 | 2.60 |
| 2025-12-23 | 2.53 |
| 2025-12-22 | 2.38 |
| 2025-12-19 | 2.28 |
| 2025-12-18 | 2.18 |
| 2025-12-17 | 2.14 |
| 2025-12-16 | 2.13 |
| 2025-12-15 | 2.13 |
| 2025-12-12 | 2.21 |
| 2025-12-11 | 2.24 |
| 2025-12-10 | 2.18 |
| 2025-12-09 | 2.38 |
| 2025-12-08 | 2.37 |
| 2025-12-05 | 2.45 |
| 2025-12-04 | 2.53 |
| 2025-12-03 | 2.48 |
| 2025-12-02 | 2.38 |
| 2025-12-01 | 2.47 |
| 2025-11-28 | 2.68 |
| 2025-11-26 | 2.56 |
| 2025-11-25 | 2.48 |
| 2025-11-24 | 2.53 |
| 2025-11-21 | 2.61 |
| 2025-11-20 | 2.57 |
| 2025-11-19 | 2.79 |
| 2025-11-18 | 2.84 |
| 2025-11-17 | 2.92 |
| 2025-11-14 | 2.87 |
| 2025-11-13 | 2.83 |
| 2025-11-12 | 2.92 |
| 2025-11-11 | 2.71 |
| 2025-11-10 | 4.25 |
| 2025-11-07 | 4.00 |
| 2025-11-06 | 3.88 |
| 2025-11-05 | 3.88 |
| 2025-11-04 | 3.99 |
| 2025-11-03 | 4.18 |
| 2025-10-31 | 4.29 |
| 2025-10-30 | 4.29 |
| 2025-10-29 | 4.40 |
| 2025-10-28 | 4.70 |
| 2025-10-27 | 4.68 |
| 2025-10-24 | 4.75 |
| 2025-10-23 | 4.82 |
| 2025-10-22 | 4.77 |
| 2025-10-21 | 4.81 |
| 2025-10-20 | 4.65 |
| 2025-10-17 | 4.44 |
| 2025-10-16 | 4.57 |
| 2025-10-15 | 4.57 |
| 2025-10-14 | 4.50 |
| 2025-10-13 | 4.52 |
| 2025-10-10 | 4.73 |
| 2025-10-09 | 6.29 |
| 2025-10-08 | 6.52 |
| 2025-10-07 | 6.45 |
| 2025-10-06 | 6.98 |
| 2025-10-03 | 6.98 |
| 2025-10-02 | 6.89 |
| 2025-10-01 | 7.36 |
| 2025-09-30 | 7.10 |
| 2025-09-29 | 7.11 |
| 2025-09-26 | 7.42 |
| 2025-09-25 | 7.38 |
| 2025-09-24 | 7.27 |
| 2025-09-23 | 7.29 |
| 2025-09-22 | 7.11 |
| 2025-09-19 | 6.63 |
| 2025-09-18 | 6.92 |
| 2025-09-17 | 6.98 |
| 2025-09-16 | 7.05 |
| 2025-09-15 | 6.83 |
| 2025-09-12 | 6.80 |
| 2025-09-11 | 6.88 |
| 2025-09-10 | 6.99 |
| 2025-09-09 | 6.65 |
| 2025-09-08 | 6.78 |
| 2025-09-05 | 6.42 |
| 2025-09-04 | 6.44 |
| 2025-09-03 | 6.36 |
| 2025-09-02 | 6.50 |
| 2025-08-29 | 6.50 |
| 2025-08-28 | 6.41 |
| 2025-08-27 | 6.50 |
Showing the most recent 260 of 271 data points. The chart above shows the full history.