Allogene Therapeutics (ALLO)

P/B ratio as of November 2024 : 1.11

According to Allogene Therapeutics 's latest financial reports the company has a price-to-book ratio of 24561.6.
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.

Allogene Therapeutics - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.05	-22.47%
2022-12-31	1.36	-40.82%
2021-12-31	2.30	-29.92%
2020-12-31	3.28	-34.86%
2019-12-31	5.03	8.22%
2018-12-31	4.65

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
ORIC Pharmaceuticals ORIC	2.06	85.26%	🇺🇸 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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Allogene Therapeutics (ALLO) - P/B ratio