GlycoMimetics (GLYC)

P/B ratio as of November 2024 : 1.27

According to GlycoMimetics 's latest financial reports the company has a price-to-book ratio of 2550.34.
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.

GlycoMimetics - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.96	6.92%
2022-12-31	3.70	305.27%
2021-12-31	0.9130	-36.48%
2020-12-31	1.44	-3.6%
2019-12-31	1.49	-25.04%
2018-12-31	1.99	-58.7%
2017-12-31	4.82	20.84%
2016-12-31	3.99	48.03%
2015-12-31	2.69	0.31%
2014-12-31	2.68
2013-12-31	N/A
2012-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
bluebird bio BLUE	1.43	12.46%	🇺🇸 USA
Pfizer PFE	1.60	26.14%	🇺🇸 USA
Sanofi SNY	1.64	29.20%	🇫🇷 France
Johnson & Johnson JNJ	5.24	312.06%	🇺🇸 USA
Palatin Technologies PTN	-210	-16,650.50%	🇺🇸 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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GlycoMimetics (GLYC) - P/B ratio