Telix Pharmaceuticals (TLX.AX)

P/B ratio as of November 2024 : 48.4

According to Telix Pharmaceuticals's latest financial reports the company has a price-to-book ratio of 14.5119.
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.

Telix Pharmaceuticals - P/B ratio (from 2018 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	21.9	-23.31%
2022-12-31	28.6	-97.21%
2021-12-31	> 1000	7532.09%
2020-12-31	13.4	139.46%
2019-12-31	5.60	108.8%
2018-12-31	2.68

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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Telix Pharmaceuticals (TLX.AX) - P/B ratio