Cormedix (CRMD) - P/B ratio

P/B ratio as of November 2024 : 10.4

According to Cormedix's latest financial reports the company has a price-to-book ratio of 49.9778.
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.

Cormedix - P/B ratio (from 2010 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.94	-7.14%
2022-12-31	3.16	14.66%
2021-12-31	2.76	-48.88%
2020-12-31	5.40	-31.68%
2019-12-31	7.90	-72.24%
2018-12-31	28.5	508.54%
2017-12-31	4.68	34.72%
2016-12-31	3.47	61.75%
2015-12-31	2.15	-81.82%
2014-12-31	11.8	-330.57%
2013-12-31	-5.12	-79.1%
2012-12-31	-24.5	-1112.53%
2011-12-31	2.42	-15.45%
2010-12-31	2.86
2009-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Becton Dickinson BDX	2.50	-76.01%	🇺🇸 USA
Emergent BioSolutions EBS	1.33	-87.25%	🇺🇸 USA
Utah Medical Products UTMD	1.78	-82.94%	🇺🇸 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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