Incannex Healthcare (IXHL)

P/B ratio as of November 2024 : 3.11

According to Incannex Healthcare's latest financial reports the company has a price-to-book ratio of 2911.5.
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.

Incannex Healthcare - P/B ratio (from 2023 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.45	-15.95%
2022-12-31	4.10
2021-12-31	N/A
2020-12-31	N/A
2019-12-31	N/A	-100%
2018-12-31	33.7
2017-12-31	N/A
2016-12-31	N/A
2015-12-31	N/A	-100%
2014-12-31	1.65
2013-12-31	N/A
2012-12-31	N/A
2011-12-31	N/A	-100%
2010-12-31	1.64
2009-12-31	N/A
2008-12-31	N/A
2007-12-31	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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Incannex Healthcare (IXHL) - P/B ratio