Rigel Pharmaceuticals (RIGL) - P/B ratio

P/B ratio as of November 2024 : -16.1

According to Rigel Pharmaceuticals's latest financial reports the company has a price-to-book ratio of 3.70548.
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.

Rigel Pharmaceuticals - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	-8.83	-53.64%
2022-12-31	-19.0	-227.62%
2021-12-31	14.9	-14.17%
2020-12-31	17.4	160.2%
2019-12-31	6.68	90.9%
2018-12-31	3.50	-38.04%
2017-12-31	5.65	31.97%
2016-12-31	4.28	42.52%
2015-12-31	3.00	92.68%
2014-12-31	1.56	30.1%
2013-12-31	1.20	-38.86%
2012-12-31	1.96	-17.69%
2011-12-31	2.38	0.47%
2010-12-31	2.37	-47.32%
2009-12-31	4.50	60.06%
2008-12-31	2.81	-71.02%
2007-12-31	9.70	182.95%
2006-12-31	3.43	79.36%
2005-12-31	1.91	-79.19%
2004-12-31	9.18	28.89%
2003-12-31	7.12	260.12%
2002-12-31	1.98

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Sangamo Therapeutics SGMO	21.5	-233.13%	🇺🇸 USA
AstraZeneca AZN	5.11	-131.67%	🇬🇧 UK
Amgen AMGN	21.5	-233.37%	🇺🇸 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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