Lantern Pharma
LTRN
#7849
Rank
$52.82 M
Marketcap
$4.91
Share price
-8.57%
Change (1 day)
-18.30%
Change (1 year)

Lantern Pharma (LTRN) - P/B ratio

P/B ratio as of June 2024 : 1.48

According to Lantern Pharma's latest financial reports the company has a price-to-book ratio of 1.48.
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.

Lantern Pharma - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-311.12-4.12%
2022-12-311.17-6.19%
2021-12-311.25-79.47%
2020-12-316.08
2019-12-31N/A

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
1.53 3.34%๐Ÿ‡บ๐Ÿ‡ธ USA