908 Devices (MASS)

P/B ratio as of November 2024 : 0.5813

According to 908 Devices's latest financial reports the company has a price-to-book ratio of 1.72508.
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.

908 Devices - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.20	73.15%
2022-12-31	1.27	-66.13%
2021-12-31	3.74	-65.12%
2020-12-31	10.7
2019-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Precipio PRPO	0.7289	25.40%	🇺🇸 USA
Quanterix QTRX	1.36	134.74%	🇺🇸 USA
PerkinElmer PKI	1.80	209.56%	🇺🇸 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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908 Devices (MASS) - P/B ratio