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 2.85 is 27% below its estimated 5-year average of 3.90, near the low end of its estimated 5-year range (1.93–8.55).
As of 2026-10-06T22:19:24.767Z. 47.38% below its estimated 12-month average of 5.42.
Calculation as of: 2026-10-06T22:19:24.767Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 86570ebe4e10e0745eed5accab5992648689f404d3311a046465d3de5892ac1d
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
2.85
PB RATIO AVG TTM
5.42
PB RATIO AVG 3Y
4.13
PB RATIO AVG 5Y
3.90
PB RATIO AVG 10Y
3.63
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-47.38%
CURRENT VS 3Y AVG
-31.02%
CURRENT VS 5Y AVG
-26.99%
CURRENT VS 10Y AVG
-21.39%
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
+19.25%
vs the sector median at left
Market Cap
$3.52B
PB Ratio
18.94
TTM Avg
32.44
3Y Avg
31.98
5Y Avg
24.76
Market Cap
$3.64B
PB Ratio
2986.54
TTM Avg
3142.92
3Y Avg
1223.50
5Y Avg
778.65
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Xenon Pharmaceuticals Inc. (XENE) | $3.54B | 2.85 | 5.42 | 4.13 | 3.90 |
| iRhythm Technologies, Inc. (IRTC)vs › | $3.52B | 18.94 | 32.44 | 31.98 | 24.76 |
| Veracyte, Inc. (VCYT)vs › | $3.56B | 2.57 | 2.60 | 2.17 | 2.01 |
| Tango Therapeutics, Inc. (TNGX)vs › | $3.57B | 3.48 | 7.30 | 4.47 | 3.44 |
| IDEAYA Biosciences, Inc. (IDYA)vs › | $3.48B | 2.91 | 2.88 | 2.93 | 2.66 |
| Celcuity Inc. (CELC)vs › | $3.47B | N/A | 63.22 | 23.87 | 15.64 |
| Pulse Biosciences, Inc. (PLSE)vs › | $3.44B | 34.60 | 20.51 | 16.51 | 13.32 |
| Regencell Bioscience Holdings Limited (RGC)vs › | $3.64B | 2986.54 | 3142.92 | 1223.50 | 778.65 |
| Acadia Pharmaceuticals Inc. (ACAD)vs › | $3.38B | 2.59 | 3.81 | 5.55 | 6.29 |
| Parabilis Medicines, Inc. (PBLS)vs › | $3.36B | 3.21 | N/A | N/A | N/A |
At 2.85, P/B is below its estimated 12-year median — higher than 25% of readings in its estimated 12-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 12-year low
1.15
median
3.48
estimated 12-year high
28.15
P/B Ratio
2.85
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 | 3.01 |
| 2026-10-02 | 3.05 |
| 2026-10-01 | 3.12 |
| 2026-09-30 | 2.98 |
| 2026-09-29 | 2.99 |
| 2026-09-28 | 2.94 |
| 2026-09-25 | 2.96 |
| 2026-09-24 | 3.05 |
| 2026-09-23 | 2.93 |
| 2026-09-22 | 3.13 |
| 2026-09-21 | 3.13 |
| 2026-09-18 | 3.19 |
| 2026-09-17 | 4.60 |
| 2026-09-16 | 4.55 |
| 2026-09-15 | 4.51 |
| 2026-09-14 | 4.67 |
| 2026-09-11 | 4.70 |
| 2026-09-10 | 4.71 |
| 2026-09-09 | 4.73 |
| 2026-09-08 | 4.77 |
| 2026-09-04 | 4.79 |
| 2026-09-03 | 4.84 |
| 2026-09-02 | 4.82 |
| 2026-09-01 | 4.81 |
| 2026-08-31 | 4.83 |
| 2026-08-28 | 4.81 |
| 2026-08-27 | 4.97 |
| 2026-08-26 | 5.11 |
| 2026-08-25 | 4.84 |
| 2026-08-24 | 4.86 |
| 2026-08-21 | 4.87 |
| 2026-08-20 | 4.79 |
| 2026-08-19 | 5.00 |
| 2026-08-18 | 5.07 |
| 2026-08-17 | 5.00 |
| 2026-08-14 | 5.00 |
| 2026-08-13 | 5.15 |
| 2026-08-12 | 5.23 |
| 2026-08-11 | 5.07 |
| 2026-08-10 | 5.15 |
| 2026-08-07 | 5.08 |
| 2026-08-06 | 4.21 |
| 2026-08-05 | 4.20 |
| 2026-08-04 | 4.18 |
| 2026-08-03 | 4.06 |
| 2026-07-31 | 4.09 |
| 2026-07-30 | 4.19 |
| 2026-07-29 | 4.12 |
| 2026-07-28 | 4.24 |
| 2026-07-27 | 4.29 |
| 2026-07-24 | 4.27 |
| 2026-07-23 | 4.27 |
| 2026-07-22 | 4.32 |
| 2026-07-21 | 4.36 |
| 2026-07-20 | 4.31 |
| 2026-07-17 | 4.46 |
| 2026-07-16 | 4.37 |
| 2026-07-15 | 4.42 |
| 2026-07-14 | 4.39 |
| 2026-07-13 | 4.42 |
| 2026-07-10 | 4.50 |
| 2026-07-09 | 4.63 |
| 2026-07-08 | 4.57 |
| 2026-07-07 | 4.14 |
| 2026-07-06 | 3.95 |
| 2026-07-02 | 3.98 |
| 2026-07-01 | 3.94 |
| 2026-06-30 | 3.94 |
| 2026-06-29 | 3.93 |
| 2026-06-26 | 3.90 |
| 2026-06-25 | 3.71 |
| 2026-06-24 | 3.63 |
| 2026-06-23 | 3.57 |
| 2026-06-22 | 3.58 |
| 2026-06-18 | 3.45 |
| 2026-06-17 | 3.47 |
| 2026-06-16 | 3.39 |
| 2026-06-15 | 3.42 |
| 2026-06-12 | 3.40 |
| 2026-06-11 | 3.41 |
| 2026-06-10 | 3.35 |
| 2026-06-09 | 3.45 |
| 2026-06-08 | 3.34 |
| 2026-06-05 | 3.38 |
| 2026-06-04 | 3.46 |
| 2026-06-03 | 3.49 |
| 2026-06-02 | 3.41 |
| 2026-06-01 | 3.49 |
| 2026-05-29 | 3.57 |
| 2026-05-28 | 3.58 |
| 2026-05-27 | 3.52 |
| 2026-05-26 | 3.52 |
| 2026-05-22 | 3.54 |
| 2026-05-21 | 3.53 |
| 2026-05-20 | 3.57 |
| 2026-05-19 | 3.53 |
| 2026-05-18 | 3.51 |
| 2026-05-15 | 3.55 |
| 2026-05-14 | 3.66 |
| 2026-05-13 | 3.65 |
| 2026-05-12 | 3.59 |
| 2026-05-11 | 3.64 |
| 2026-05-08 | 3.68 |
| 2026-05-07 | 7.63 |
| 2026-05-06 | 7.98 |
| 2026-05-05 | 7.86 |
| 2026-05-04 | 7.82 |
| 2026-05-01 | 7.65 |
| 2026-04-30 | 7.63 |
| 2026-04-29 | 7.59 |
| 2026-04-28 | 7.43 |
| 2026-04-27 | 7.39 |
| 2026-04-24 | 7.53 |
| 2026-04-23 | 7.55 |
| 2026-04-22 | 7.72 |
| 2026-04-21 | 7.68 |
| 2026-04-20 | 7.78 |
| 2026-04-17 | 8.13 |
| 2026-04-16 | 7.96 |
| 2026-04-15 | 8.02 |
| 2026-04-14 | 8.09 |
| 2026-04-13 | 7.98 |
| 2026-04-10 | 7.96 |
| 2026-04-09 | 7.98 |
| 2026-04-08 | 7.84 |
| 2026-04-07 | 7.85 |
| 2026-04-06 | 7.74 |
| 2026-04-02 | 7.74 |
| 2026-04-01 | 7.72 |
| 2026-03-31 | 7.92 |
| 2026-03-30 | 7.57 |
| 2026-03-27 | 7.42 |
| 2026-03-26 | 7.56 |
| 2026-03-25 | 7.57 |
| 2026-03-24 | 7.27 |
| 2026-03-23 | 7.41 |
| 2026-03-20 | 7.48 |
| 2026-03-19 | 7.52 |
| 2026-03-18 | 7.50 |
| 2026-03-17 | 7.52 |
| 2026-03-16 | 7.45 |
| 2026-03-13 | 7.52 |
| 2026-03-12 | 7.89 |
| 2026-03-11 | 8.04 |
| 2026-03-10 | 8.26 |
| 2026-03-09 | 8.55 |
| 2026-03-06 | 5.71 |
| 2026-03-05 | 5.73 |
| 2026-03-04 | 5.86 |
| 2026-03-03 | 5.97 |
| 2026-03-02 | 5.80 |
| 2026-02-27 | 5.89 |
| 2026-02-26 | 6.36 |
| 2026-02-25 | 6.31 |
| 2026-02-24 | 6.34 |
| 2026-02-23 | 6.05 |
| 2026-02-20 | 5.98 |
| 2026-02-19 | 6.10 |
| 2026-02-18 | 6.02 |
| 2026-02-17 | 5.90 |
| 2026-02-13 | 5.88 |
| 2026-02-12 | 5.89 |
| 2026-02-11 | 6.06 |
| 2026-02-10 | 6.04 |
| 2026-02-09 | 6.01 |
| 2026-02-06 | 5.86 |
| 2026-02-05 | 5.72 |
| 2026-02-04 | 5.83 |
| 2026-02-03 | 5.97 |
| 2026-02-02 | 5.87 |
| 2026-01-30 | 5.81 |
| 2026-01-29 | 5.91 |
| 2026-01-28 | 5.94 |
| 2026-01-27 | 6.00 |
| 2026-01-26 | 5.98 |
| 2026-01-23 | 5.91 |
| 2026-01-22 | 5.98 |
| 2026-01-21 | 5.81 |
| 2026-01-20 | 5.88 |
| 2026-01-16 | 5.66 |
| 2026-01-15 | 5.77 |
| 2026-01-14 | 5.89 |
| 2026-01-13 | 5.72 |
| 2026-01-12 | 5.84 |
| 2026-01-09 | 5.97 |
| 2026-01-08 | 5.84 |
| 2026-01-07 | 5.97 |
| 2026-01-06 | 5.81 |
| 2026-01-05 | 5.92 |
| 2026-01-02 | 6.30 |
| 2025-12-31 | 6.35 |
| 2025-12-30 | 6.25 |
| 2025-12-29 | 6.28 |
| 2025-12-26 | 6.35 |
| 2025-12-24 | 6.38 |
| 2025-12-23 | 6.31 |
| 2025-12-22 | 6.53 |
| 2025-12-19 | 6.25 |
| 2025-12-18 | 6.12 |
| 2025-12-17 | 6.09 |
| 2025-12-16 | 6.09 |
| 2025-12-15 | 6.18 |
| 2025-12-12 | 6.24 |
| 2025-12-11 | 6.18 |
| 2025-12-10 | 6.15 |
| 2025-12-09 | 6.16 |
| 2025-12-08 | 6.31 |
| 2025-12-05 | 6.38 |
| 2025-12-04 | 6.32 |
| 2025-12-03 | 6.27 |
| 2025-12-02 | 6.07 |
| 2025-12-01 | 6.16 |
| 2025-11-28 | 6.33 |
| 2025-11-26 | 6.30 |
| 2025-11-25 | 6.22 |
| 2025-11-24 | 5.96 |
| 2025-11-21 | 5.83 |
| 2025-11-20 | 5.70 |
| 2025-11-19 | 5.76 |
| 2025-11-18 | 5.75 |
| 2025-11-17 | 5.75 |
| 2025-11-14 | 5.77 |
| 2025-11-13 | 5.67 |
| 2025-11-12 | 5.62 |
| 2025-11-11 | 5.65 |
| 2025-11-10 | 5.44 |
| 2025-11-07 | 5.42 |
| 2025-11-06 | 5.42 |
| 2025-11-05 | 5.48 |
| 2025-11-04 | 5.54 |
| 2025-11-03 | 5.12 |
| 2025-10-31 | 5.22 |
| 2025-10-30 | 5.31 |
| 2025-10-29 | 5.27 |
| 2025-10-28 | 5.30 |
| 2025-10-27 | 5.22 |
| 2025-10-24 | 5.08 |
| 2025-10-23 | 5.13 |
| 2025-10-22 | 5.25 |
| 2025-10-21 | 5.36 |
| 2025-10-20 | 5.41 |
| 2025-10-17 | 5.18 |
| 2025-10-16 | 5.25 |
| 2025-10-15 | 5.22 |
| 2025-10-14 | 5.05 |
| 2025-10-13 | 4.98 |
| 2025-10-10 | 4.94 |
| 2025-10-09 | 5.14 |
| 2025-10-08 | 4.89 |
| 2025-10-07 | 4.88 |
| 2025-10-06 | 4.93 |
| 2025-10-03 | 4.93 |
| 2025-10-02 | 4.88 |
| 2025-10-01 | 4.87 |
| 2025-09-30 | 5.00 |
| 2025-09-29 | 4.86 |
| 2025-09-26 | 4.73 |
| 2025-09-25 | 4.55 |
| 2025-09-24 | 4.56 |
| 2025-09-23 | 4.65 |
Showing the most recent 260 of 2,146 data points. The chart above shows the full history.
