Axon Enterprise, Inc.
23.22xPrice / tangible book
Market cap
$38.90B
Tangible equity (USD)
$1.68B
Price / tangible book
23.22x
Price / book
12.00x
Net income / ending equity
3.8%
Net income / ending assets
1.8%
Efficiency ratio
—
Quick read
Fair value engine
Each company valued on the other's multiple, then compared with the market price.
AXON · price snapshotP/E 317.12x
$478.85Snapshot Sep 10, 2026, 4:00 PM ET
Implied fair value · at FCNCA's multiple
$19.7995.9% below market
1.51 AXON Annual EPS×13.10x FCNCA P/E=$19.79
Market $478.85Implied $19.79
FCNCA · price snapshotP/E 13.10x
$2,165.43Snapshot Sep 10, 2026, 4:00 PM ET
Implied fair value · at AXON's multiple
$52,400.782,319.9% above market
165.24 FCNCA Annual EPS×317.12x AXON P/E=$52,400.78
Market $2,165.43Implied $52,400.78