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 1.27 is 27% below its estimated 2-year average of 1.74, near the low end of its estimated 2-year range (0.86–2.62).
As of 2026-10-06T21:58:40.643Z. 9.97% below its estimated 12-month average of 1.41.
Calculation as of: 2026-10-06T21:58:40.643Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 70f206ef045ff81d4fc05c3cb24440235df0d8d2b8dfc2e0d38e971cf42b2d3f
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
1.27
PB RATIO AVG TTM
1.41
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
-9.97%
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 · HEALTHCARE
2.39
median of 761 covered companies
CURRENT VS SECTOR MEDIAN
-46.86%
vs the sector median at left
Market Cap
$5.09B
PB Ratio
20.04
TTM Avg
21.81
3Y Avg
17.06
5Y Avg
11.23
Market Cap
$5.21B
PB Ratio
212.29
TTM Avg
78.16
3Y Avg
46.22
5Y Avg
30.93
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waystar Holding Corp. (WAY) | $5.06B | 1.27 | 1.41 | N/A | N/A |
| Merit Medical Systems, Inc. (MMSI)vs › | $5.07B | 3.02 | 2.97 | 3.64 | 3.60 |
| Scholar Rock Holding Corporation (SRRK)vs › | $5.09B | 20.04 | 21.81 | 17.06 | 11.23 |
| Erasca, Inc. (ERAS)vs › | $4.96B | 13.72 | 9.64 | 3.97 | 3.18 |
| Cogent Biosciences, Inc. (COGT)vs › | $5.19B | 11.10 | 18.26 | 10.39 | 7.60 |
| Doximity, Inc. (DOCS)vs › | $5.20B | 5.67 | 6.47 | 8.18 | 8.58 |
| Sotera Health Company (SHC)vs › | $5.20B | 7.82 | 8.18 | 8.73 | 9.15 |
| Travere Therapeutics, Inc. (TVTX)vs › | $5.21B | 212.29 | 78.16 | 46.22 | 30.93 |
| CRISPR Therapeutics AG (CRSP)vs › | $5.21B | 2.98 | 2.76 | 2.49 | 2.38 |
| Oruka Therapeutics, Inc. (ORKA)vs › | $4.84B | 4.35 | 5.48 | 6.23 | 4.85 |
At 1.27, P/B is below its estimated 2-year median — higher than 23% of readings in its estimated 2-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 2-year low
0.86
median
1.80
estimated 2-year high
2.62
P/B Ratio
1.27
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 | 1.29 |
| 2026-10-02 | 1.21 |
| 2026-10-01 | 1.24 |
| 2026-09-30 | 1.24 |
| 2026-09-29 | 1.22 |
| 2026-09-28 | 1.26 |
| 2026-09-25 | 1.21 |
| 2026-09-24 | 1.20 |
| 2026-09-23 | 1.21 |
| 2026-09-22 | 1.25 |
| 2026-09-21 | 1.25 |
| 2026-09-18 | 1.25 |
| 2026-09-17 | 1.29 |
| 2026-09-16 | 1.30 |
| 2026-09-15 | 1.30 |
| 2026-09-14 | 1.22 |
| 2026-09-11 | 1.15 |
| 2026-09-10 | 1.13 |
| 2026-09-09 | 1.16 |
| 2026-09-08 | 1.18 |
| 2026-09-04 | 1.22 |
| 2026-09-03 | 1.27 |
| 2026-09-02 | 1.26 |
| 2026-09-01 | 1.26 |
| 2026-08-31 | 1.28 |
| 2026-08-28 | 1.28 |
| 2026-08-27 | 1.23 |
| 2026-08-26 | 1.18 |
| 2026-08-25 | 1.18 |
| 2026-08-24 | 1.24 |
| 2026-08-21 | 1.22 |
| 2026-08-20 | 1.21 |
| 2026-08-19 | 1.21 |
| 2026-08-18 | 1.19 |
| 2026-08-17 | 1.20 |
| 2026-08-14 | 1.21 |
| 2026-08-13 | 1.22 |
| 2026-08-12 | 1.20 |
| 2026-08-11 | 1.19 |
| 2026-08-10 | 1.21 |
| 2026-08-07 | 1.18 |
| 2026-08-06 | 1.14 |
| 2026-08-05 | 1.14 |
| 2026-08-04 | 1.16 |
| 2026-08-03 | 1.11 |
| 2026-07-31 | 1.03 |
| 2026-07-30 | 1.02 |
| 2026-07-29 | 1.22 |
| 2026-07-28 | 1.17 |
| 2026-07-27 | 1.15 |
| 2026-07-24 | 1.12 |
| 2026-07-23 | 1.07 |
| 2026-07-22 | 1.03 |
| 2026-07-21 | 1.07 |
| 2026-07-20 | 1.09 |
| 2026-07-17 | 1.10 |
| 2026-07-16 | 1.15 |
| 2026-07-15 | 1.12 |
| 2026-07-14 | 1.10 |
| 2026-07-13 | 1.14 |
| 2026-07-10 | 1.11 |
| 2026-07-09 | 1.15 |
| 2026-07-08 | 1.13 |
| 2026-07-07 | 1.18 |
| 2026-07-06 | 1.19 |
| 2026-07-02 | 1.16 |
| 2026-07-01 | 1.06 |
| 2026-06-30 | 1.02 |
| 2026-06-29 | 0.99 |
| 2026-06-26 | 0.99 |
| 2026-06-25 | 0.94 |
| 2026-06-24 | 0.94 |
| 2026-06-23 | 0.91 |
| 2026-06-22 | 0.86 |
| 2026-06-18 | 0.92 |
| 2026-06-17 | 0.90 |
| 2026-06-16 | 0.91 |
| 2026-06-15 | 0.92 |
| 2026-06-12 | 0.93 |
| 2026-06-11 | 0.91 |
| 2026-06-10 | 0.93 |
| 2026-06-09 | 0.95 |
| 2026-06-08 | 0.94 |
| 2026-06-05 | 0.99 |
| 2026-06-04 | 1.00 |
| 2026-06-03 | 0.97 |
| 2026-06-02 | 1.03 |
| 2026-06-01 | 1.09 |
| 2026-05-29 | 0.99 |
| 2026-05-28 | 0.96 |
| 2026-05-27 | 0.94 |
| 2026-05-26 | 0.98 |
| 2026-05-22 | 0.97 |
| 2026-05-21 | 0.93 |
| 2026-05-20 | 0.95 |
| 2026-05-19 | 0.97 |
| 2026-05-18 | 0.92 |
| 2026-05-15 | 0.89 |
| 2026-05-14 | 0.93 |
| 2026-05-13 | 0.93 |
| 2026-05-12 | 0.96 |
| 2026-05-11 | 0.99 |
| 2026-05-08 | 1.06 |
| 2026-05-07 | 1.04 |
| 2026-05-06 | 0.99 |
| 2026-05-05 | 1.02 |
| 2026-05-04 | 1.03 |
| 2026-05-01 | 1.04 |
| 2026-04-30 | 1.06 |
| 2026-04-29 | 1.29 |
| 2026-04-28 | 1.28 |
| 2026-04-27 | 1.31 |
| 2026-04-24 | 1.29 |
| 2026-04-23 | 1.26 |
| 2026-04-22 | 1.29 |
| 2026-04-21 | 1.32 |
| 2026-04-20 | 1.36 |
| 2026-04-17 | 1.31 |
| 2026-04-16 | 1.29 |
| 2026-04-15 | 1.26 |
| 2026-04-14 | 1.14 |
| 2026-04-13 | 1.13 |
| 2026-04-10 | 1.09 |
| 2026-04-09 | 1.11 |
| 2026-04-08 | 1.15 |
| 2026-04-07 | 1.16 |
| 2026-04-06 | 1.20 |
| 2026-04-02 | 1.21 |
| 2026-04-01 | 1.21 |
| 2026-03-31 | 1.23 |
| 2026-03-30 | 1.19 |
| 2026-03-27 | 1.20 |
| 2026-03-26 | 1.26 |
| 2026-03-25 | 1.23 |
| 2026-03-24 | 1.22 |
| 2026-03-23 | 1.25 |
| 2026-03-20 | 1.22 |
| 2026-03-19 | 1.26 |
| 2026-03-18 | 1.25 |
| 2026-03-17 | 1.26 |
| 2026-03-16 | 1.25 |
| 2026-03-13 | 1.23 |
| 2026-03-12 | 1.25 |
| 2026-03-11 | 1.25 |
| 2026-03-10 | 1.26 |
| 2026-03-09 | 1.32 |
| 2026-03-06 | 1.31 |
| 2026-03-05 | 1.35 |
| 2026-03-04 | 1.37 |
| 2026-03-03 | 1.35 |
| 2026-03-02 | 1.34 |
| 2026-02-27 | 1.30 |
| 2026-02-26 | 1.32 |
| 2026-02-25 | 1.24 |
| 2026-02-24 | 1.28 |
| 2026-02-23 | 1.24 |
| 2026-02-20 | 1.28 |
| 2026-02-19 | 1.31 |
| 2026-02-18 | 1.29 |
| 2026-02-17 | 1.37 |
| 2026-02-13 | 1.26 |
| 2026-02-12 | 1.22 |
| 2026-02-11 | 1.33 |
| 2026-02-10 | 1.32 |
| 2026-02-09 | 1.32 |
| 2026-02-06 | 1.37 |
| 2026-02-05 | 1.36 |
| 2026-02-04 | 1.35 |
| 2026-02-03 | 1.38 |
| 2026-02-02 | 1.48 |
| 2026-01-30 | 1.49 |
| 2026-01-29 | 1.50 |
| 2026-01-28 | 1.55 |
| 2026-01-27 | 1.59 |
| 2026-01-26 | 1.66 |
| 2026-01-23 | 1.69 |
| 2026-01-22 | 1.66 |
| 2026-01-21 | 1.66 |
| 2026-01-20 | 1.67 |
| 2026-01-16 | 1.70 |
| 2026-01-15 | 1.70 |
| 2026-01-14 | 1.68 |
| 2026-01-13 | 1.72 |
| 2026-01-12 | 1.78 |
| 2026-01-09 | 1.94 |
| 2026-01-08 | 1.86 |
| 2026-01-07 | 1.89 |
| 2026-01-06 | 1.83 |
| 2026-01-05 | 1.79 |
| 2026-01-02 | 1.76 |
| 2025-12-31 | 1.84 |
| 2025-12-30 | 1.85 |
| 2025-12-29 | 1.85 |
| 2025-12-26 | 1.85 |
| 2025-12-24 | 1.86 |
| 2025-12-23 | 1.85 |
| 2025-12-22 | 1.85 |
| 2025-12-19 | 1.85 |
| 2025-12-18 | 1.83 |
| 2025-12-17 | 1.81 |
| 2025-12-16 | 1.85 |
| 2025-12-15 | 1.83 |
| 2025-12-12 | 1.84 |
| 2025-12-11 | 1.83 |
| 2025-12-10 | 1.71 |
| 2025-12-09 | 1.71 |
| 2025-12-08 | 1.87 |
| 2025-12-05 | 1.93 |
| 2025-12-04 | 1.99 |
| 2025-12-03 | 1.98 |
| 2025-12-02 | 1.97 |
| 2025-12-01 | 2.04 |
| 2025-11-28 | 2.08 |
| 2025-11-26 | 2.08 |
| 2025-11-25 | 2.08 |
| 2025-11-24 | 2.05 |
| 2025-11-21 | 2.01 |
| 2025-11-20 | 1.96 |
| 2025-11-19 | 1.96 |
| 2025-11-18 | 1.96 |
| 2025-11-17 | 1.93 |
| 2025-11-14 | 1.99 |
| 2025-11-13 | 2.01 |
| 2025-11-12 | 2.08 |
| 2025-11-11 | 2.03 |
| 2025-11-10 | 2.03 |
| 2025-11-07 | 2.04 |
| 2025-11-06 | 2.01 |
| 2025-11-05 | 2.07 |
| 2025-11-04 | 2.11 |
| 2025-11-03 | 2.08 |
| 2025-10-31 | 2.02 |
| 2025-10-30 | 2.08 |
| 2025-10-29 | 2.27 |
| 2025-10-28 | 2.26 |
| 2025-10-27 | 2.25 |
| 2025-10-24 | 2.23 |
| 2025-10-23 | 2.18 |
| 2025-10-22 | 2.16 |
| 2025-10-21 | 2.15 |
| 2025-10-20 | 2.12 |
| 2025-10-17 | 2.12 |
| 2025-10-16 | 2.11 |
| 2025-10-15 | 2.10 |
| 2025-10-14 | 2.10 |
| 2025-10-13 | 2.07 |
| 2025-10-10 | 2.04 |
| 2025-10-09 | 2.14 |
| 2025-10-08 | 2.21 |
| 2025-10-07 | 2.17 |
| 2025-10-06 | 2.19 |
| 2025-10-03 | 2.21 |
| 2025-10-02 | 2.19 |
| 2025-10-01 | 2.13 |
| 2025-09-30 | 2.17 |
| 2025-09-29 | 2.15 |
| 2025-09-26 | 2.15 |
| 2025-09-25 | 2.12 |
| 2025-09-24 | 2.12 |
| 2025-09-23 | 2.16 |
Showing the most recent 260 of 583 data points. The chart above shows the full history.