Can Fite Biopharma (CANF)

P/B ratio as of November 2024 : 2.12

According to Can Fite Biopharma 's latest financial reports the company has a price-to-book ratio of 17.8531.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Can Fite Biopharma - P/B ratio (from 2012 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	2.25	-44.94%
2022-12-31	4.08	81.51%
2021-12-31	2.25	-52.22%
2020-12-31	4.71	-11.82%
2019-12-31	5.34	-35.38%
2018-12-31	8.26	68.03%
2017-12-31	4.91	-42.26%
2016-12-31	8.51	118.1%
2015-12-31	3.90	-29.24%
2014-12-31	5.52	-45.42%
2013-12-31	10.1	-129.36%
2012-12-31	-34.4
2011-12-31	N/A

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Can Fite Biopharma (CANF) - P/B ratio