Adverum Biotechnologies (ADVM)

P/B ratio as of May 2024 : 2.05

According to Adverum Biotechnologies 's latest financial reports the company has a price-to-book ratio of 2.05.
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.

Adverum Biotechnologies - P/B ratio (from 2014 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.9112	186.18%
2022-12-31	0.3184	-41.72%
2021-12-31	0.5464	-77.56%
2020-12-31	2.43	-45.08%
2019-12-31	4.43	349.64%
2018-12-31	0.9860	15.1%
2017-12-31	0.8566	52.66%
2016-12-31	0.5611	-42.42%
2015-12-31	0.9746	-88.14%
2014-12-31	8.22
2013-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
ORIC Pharmaceuticals ORIC	2.71	32.28%	🇺🇸 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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