Protagonist Therapeutics (PTGX)

P/B ratio as of November 2024 : 4.99

According to Protagonist Therapeutics 's latest financial reports the company has a price-to-book ratio of 8.45637.
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.

Protagonist Therapeutics - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.93	57.79%
2022-12-31	2.49	-54.24%
2021-12-31	5.44	75.41%
2020-12-31	3.10	29.26%
2019-12-31	2.40	73.02%
2018-12-31	1.39	-61.71%
2017-12-31	3.62	-13.71%
2016-12-31	4.20
2015-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
ORIC Pharmaceuticals ORIC	2.23	-55.20%	🇺🇸 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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Protagonist Therapeutics (PTGX) - P/B ratio