MeiraGTx (MGTX) - P/B ratio

P/B ratio as of November 2024 : 6.48

According to MeiraGTx's latest financial reports the company has a price-to-book ratio of 63.893.
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.

MeiraGTx - 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	3.23	20.36%
2022-12-31	2.68	-52.83%
2021-12-31	5.69	102.95%
2020-12-31	2.80	-27.35%
2019-12-31	3.86	18.53%
2018-12-31	3.26
2017-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Novocure NVCR	4.97	-23.35%	Jersey
Novavax NVAX	-2.68	-141.32%	🇺🇸 USA
Organovo ONVO	0.8396	-87.05%	🇺🇸 USA
Orchard Therapeutics ORTX	4.74	-26.95%	🇬🇧 UK

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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