Elanco (ELAN) - P/B ratio

P/B ratio as of September 2024 : 1.18

According to Elanco's latest financial reports the company has a price-to-book ratio of 1.18.
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.

Elanco - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.18	48.42%
2022-12-31	0.7950	-55.54%
2021-12-31	1.79	4.73%
2020-12-31	1.71	-13.78%
2019-12-31	1.98	-10.71%
2018-12-31	2.22
2017-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Onconova Therapeutics ONTX	3.48	194.51%	🇺🇸 USA
OPKO Health OPK	0.7513	-36.33%	🇺🇸 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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