As of Q3'25, OKLO's latest P/B Ratio stands at 14.408, reflecting a substantial recovery from prior negative values observed in 2023 and early 2024. This marks a significant positive shift in the company's valuation relative to its book value. From Q4'22 to Q2'24, the P/B Ratio remained deeply negative, reaching as low as -47.957 in Q1'23, indicating the market valued the company well below its book value during that period. However, starting in Q2'24, the ratio turned positive and continued to rise, peaking at 17.13 in Q4'24 before slightly declining to 14.408 by Q3'25. This trend suggests a strong turnaround in market sentiment and a notable improvement in OKLO's perceived financial health over the covered period.