Align Technology, Inc. ALGN

146.78 1.15 0.79% as of 25 Sep
Market cap
$10.4B
P/E
25.5×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Align Technology, Inc. (ALGN) P/B ratio

As of 25 September 2026, Align Technology, Inc. (ALGN) trades at a P/B ratio of 2.5×. Over the past ten years it has ranged from 2.3× (September 2025) to 26.3× (October 2018); the current reading is higher than 1% of that period. That is below the Medical Instruments & Supplies industry median of 2.8× and in line with the Healthcare sector median of 2.5×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 2.8× (30.98%)
FY2024 4.1× (28.40%)
FY2023 5.7× 22.83%
FY2022 4.6× (67.81%)
FY2021 14.3× 10.00%
FY2020 13.0× (20.95%)
FY2019 16.5× 23.01%
FY2018 13.4× (14.12%)
FY2017 15.6× 100.34%
FY2016 7.8× 25.21%

Quarterly

Period P/B ratio Change
Jun 2026 2.8× (3.45%)
Mar 2026 3.0× 5.48%
Dec 2025 2.8× 22.16%
Sep 2025 2.3× (34.78%)
42 more quarters

Against its own ten years

Low 2.3× High 26.3×
Ten-year median 7.2×
Current reading's percentile 1

P/B ratio against peers

Company P/B ratio
BLCO Bausch + Lomb Corporation compare 0.9×
COO The Cooper Companies, Inc. compare 1.3×
AVTR Avantor, Inc. compare 1.8×
BAX Baxter International Inc. compare 2.0×
ALGN Align Technology, Inc. 2.5×
ATR AptarGroup, Inc. compare 3.0×
STVN Stevanato Group S.p.A. compare 3.2×
SOLV Solventum Corporation compare 3.2×
RGEN Repligen Corporation compare 5.1×
Medical Instruments & Supplies industry median 2.8×
Healthcare sector median 2.5×
Market median 1.8×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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