Mereo BioPharma Group (MREO)

P/B ratio as of September 2024 : 8.31

According to Mereo BioPharma Group's latest financial reports the company has a price-to-book ratio of 8.31.
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.

Mereo BioPharma Group - P/B ratio (from 2023 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	6.41	325.26%
2022-12-31	1.51	29.45%
2021-12-31	1.16	-113.36%
2020-12-31	-8.71	-1049.73%
2019-12-31	0.9174	-70.17%
2018-12-31	3.08
2017-12-31	N/A
2016-12-31	N/A
2015-12-31	N/A

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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Mereo BioPharma Group (MREO) - P/B ratio