Adagene
ADAG
$2.55
Share price
4.51%
Change (1 day)
68.87%
Change (1 year)
Categories
Adagene (ADAG) - P/B ratio
P/B ratio as of May 2024 : 1.61
According to Adagene's latest financial reports the company has a price-to-book ratio of 1.61.
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.
Adagene - P/B ratio (from 2021 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.20 | 73.28% |
| 2022-12-31 | 0.6924 | -69.24% |
| 2021-12-31 | 2.25 | |
| 2020-12-31 | N/A | |
| 2019-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Organovo ONVO | 1.92 | 19.56% | 🇺🇸 USA |
 Orchard Therapeutics
ORTX | 4.74 | 194.47% | 🇬🇧 UK |
 Novavax NVAX | -2.96 | -283.95% | 🇺🇸 USA |
 Novocure
NVCR | 6.64 | 312.78% | Jersey |