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Eton PharmaceuticalsETON +44.55%57 PB Ratio is 41.18 as of Aug. 14, 2026, which is 387% above its 10-year median of 8.46. GuruFocus rates ETON with a GF Score™ of 57/100 and a GF Value™ of $19.98 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 919 Drug Manufacturers companies, Eton Pharmaceuticals ranks worse than 98.69% on this metric.
The historical rank and industry rank for Eton Pharmaceuticals's PB Ratio or its related term are showing as below:
ETON'
s PB Ratio Range Over the Past 10 Years
Min: 3.9 Med: 8.46 Max: 133.03
Current: 52.55
During the past 9 years, Eton Pharmaceuticals's highest PB Ratio was 133.03. The lowest was 3.90. And the median was 8.46.
ETON's PB Ratio is ranked worse than 98.69% of 919
companies
in the Drug Manufacturers industry
Industry Median: 1.98
vs ETON: 52.55
During the past 12 months, Eton Pharmaceuticals's average Book Value Per Share Growth Rate was 22.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 23.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.70% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Eton Pharmaceuticals was 23.30% per year. The lowest was -21.70% per year. And the median was -2.20% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Eton Pharmaceuticals PB Ratio Related Terms
Eton Pharmaceuticals PB Ratio Historical Data
* Premium members only.
The historical data trend for Eton Pharmaceuticals's PB Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Drug Manufacturers - Specialty & Generic subindustry, Eton Pharmaceuticals's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Eton Pharmaceuticals PB Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Eton Pharmaceuticals's PB Ratio distribution charts can be found below:
* The bar in red indicates where Eton Pharmaceuticals's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Eton Pharmaceuticals (ETON) has a PB Ratio of 41.18 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Eton Pharmaceuticals and its competitors. This is 387% above median its historical median of 8.46. Over the past decade, Eton Pharmaceuticals' PB Ratio has ranged from 3.90 to 133.03. According to the industry distribution chart, Eton Pharmaceuticals ranks #907 out of 919 companies in the Drug Manufacturers industry, placing it in the top 98.7%.
Is Eton Pharmaceuticals' PB Ratio too high?
Eton Pharmaceuticals' current PB Ratio of 41.18 is 387% above median its 10-year median of 8.46. Over the past 10 years, this metric has ranged from a low of 3.90 to a high of 133.03. The Drug Manufacturers industry median PB Ratio is 1.98. Eton Pharmaceuticals' value of 41.18 is 1979.8% above this industry median. Based on the distribution chart, Eton Pharmaceuticals ranks #907 out of 919 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Eton Pharmaceuticals has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eton Pharmaceuticals' PB Ratio compare to COLL and ALVO?
According to the Drug Manufacturers industry distribution chart, Eton Pharmaceuticals ranks #907 out of 919 companies for PB Ratio. This places Eton Pharmaceuticals in the lower half of its industry. The industry median PB Ratio is 1.98. Eton Pharmaceuticals' value of 41.18 is 1979.8% above this benchmark. Historically, Eton Pharmaceuticals' own PB Ratio has ranged from 3.90 to 133.03 over the past decade. While the company's 10-year median is 8.46 vs. the industry median of 1.98, Eton Pharmaceuticals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Drug Manufacturers company?
The median PB Ratio among Drug Manufacturers companies is 1.98, based on 919 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eton Pharmaceuticals's current PB Ratio of 41.18 is 1979.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Eton Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median PB Ratio is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eton Pharmaceuticals's current PB Ratio is 41.18, which is 387% above median its own 10-year median of 8.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eton Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Eton Pharmaceuticals (ETON) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.98, compared to a current price of $58.51 — trading 192.8% above its estimated fair value. The current PB Ratio is 41.18, which is 387% above median its 10-year median of 8.46 and 1979.8% above the Drug Manufacturers industry median of 1.98. Eton Pharmaceuticals' overall GF Score™ is 57/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Eton Pharmaceuticals (ETON), the current PB Ratio is 41.18 as of Aug. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Eton Pharmaceuticals (ETON) Overvalued in 2026?
Based on GuruFocus' analysis, Eton Pharmaceuticals stock appears to be overvalued.
The current stock price of $58.51 is trading 192.8% above its estimated GF Value™ of $19.98.
GuruFocus considers Eton Pharmaceuticals to be Significantly Overvalued.
Key valuation signals for ETON:
PB Ratio: 41.18 (387% above median its 10-year median of 8.46)
GF Value™: $19.98 vs. price of $58.51 (192.8% above fair value)
Industry Position: 1979.8% above the Drug Manufacturers median (#907 of 919)
No single metric tells the full story. See the ETON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eton Pharmaceuticals Inc is a United States based specialty pharmaceutical company. The company is engaged in developing and commercializing pharmaceutical products to fulfill an unmet patient need. It has eight commercial rare disease products, INCRELEX, ALKINDI SPRINKLE, KHINDIVITM, GALZIN, PKU GOLIKE, Carglumic Acid, Betaine Anhydrous and Nitisinone. It also has five additional product candidates in late-stage development: ET-600, Amglidia, ET-700, ET-800 and ZENEO hydrocortisone autoinjector.
57GF Score
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