electroCore (ECOR)

P/B ratio as of December 2024 : 10.6

According to electroCore's latest financial reports the company has a price-to-book ratio of 4.29068.
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.

electroCore - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	10.6	120.51%
2023-12-31	4.80	348.94%
2022-12-31	1.07	-4.84%
2021-12-31	1.12	-62.53%
2020-12-31	3.00	57.4%
2019-12-31	1.91	-31.6%
2018-12-31	2.79
2017-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Inari Medical NARI	7.47	-29.46%	🇺🇸 USA
Merit Medical MMSI	4.33	-59.14%	🇺🇸 USA

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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electroCore (ECOR) - P/B ratio