PB Ratio: 12.29

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 12.29 is 33% above its estimated 5-year average of 9.26, around the middle of its estimated 5-year range (3.31–20.77).

As of 2026-10-02T21:36:02.525Z. 53.97% above its estimated 12-month average of 7.98.

VRNS PB Ratio Metrics

P/B vs. estimated history

At 12.29, P/B is near its estimated 13-year median — higher than 59% of readings in its estimated 13-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.

Book Value Analysis

PB Ratio Formula & Definition

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

PB Ratio FAQ

What is the P/B ratio for Varonis Systems, Inc. (VRNS)?

The P/B ratio for VRNS stock is 12.29.

Is Varonis Systems, Inc.'s P/B ratio high or low?

The P/B ratio of 12.29 is 33% above its estimated 5-year average of 9.26, around the middle of its estimated 5-year range (3.31–20.77).

What is the estimated TTM average P/B ratio for Varonis Systems, Inc. (VRNS)?

The estimated TTM average P/B ratio for VRNS stock is 7.98.

What is the estimated 3Y average P/B ratio for Varonis Systems, Inc. (VRNS)?

The estimated 3Y average P/B ratio for VRNS stock is 10.90.

What is the estimated 5Y average P/B ratio for Varonis Systems, Inc. (VRNS)?

The estimated 5Y average P/B ratio for VRNS stock is 9.26.

What is the estimated 10Y average P/B ratio for Varonis Systems, Inc. (VRNS)?

The estimated 10Y average P/B ratio for VRNS stock is 12.56.

Showing the most recent 260 of 3,167 data points. The chart above shows the full history.

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