Tonix Pharmaceuticals (TNXP)

P/B ratio as of November 2024 : 0.8434

According to Tonix Pharmaceuticals's latest financial reports the company has a price-to-book ratio of 2.85037.
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.

Tonix Pharmaceuticals - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.2238	106.79%
2022-12-31	0.1083	-86.66%
2021-12-31	0.8116	-45.01%
2020-12-31	1.48	39.24%
2019-12-31	1.06	250.6%
2018-12-31	0.3023	-72.45%
2017-12-31	1.10	51.1%
2016-12-31	0.7263	-79.75%
2015-12-31	3.59	105.19%
2014-12-31	1.75	-81.04%
2013-12-31	9.22	-62.77%
2012-12-31	24.8
2011-12-31	N/A
2010-12-31	N/A
2009-12-31	N/A
2008-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Eagle Pharmaceuticals EGRX	0.0488	-94.21%	🇺🇸 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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Tonix Pharmaceuticals (TNXP) - P/B ratio