Rani Therapeutics
RANI
$5.50
Share price
7.42%
Change (1 day)
28.50%
Change (1 year)
Categories
Rani Therapeutics (RANI) - P/B ratio
P/B ratio as of June 2024 : 17.8
According to Rani Therapeutics's latest financial reports the company has a price-to-book ratio of 17.8.
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.
Rani Therapeutics - P/B ratio (from 2021 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 2023-12-31 | 6.70 | 65.59% |
| 2022-12-31 | 4.05 | 52.61% |
| 2021-12-31 | 2.65 | |
| 2020-12-31 | N/A |