Akebia Therapeutics (AKBA)

P/B ratio as of November 2024 : -11.6

According to Akebia Therapeutics's latest financial reports the company has a price-to-book ratio of 2.25062.
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.

Akebia Therapeutics - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	-7.64	-137.63%
2022-12-31	20.3	279.87%
2021-12-31	5.34	226.9%
2020-12-31	1.63	-16.1%
2019-12-31	1.95	91.65%
2018-12-31	1.02	-82.27%
2017-12-31	5.73	-2.09%
2016-12-31	5.86	93.66%
2015-12-31	3.02	32.74%
2014-12-31	2.28
2013-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Amgen AMGN	20.3	-274.08%	🇺🇸 USA
Novartis NVS	4.74	-140.76%	🇨🇭 Switzerland
Johnson & Johnson JNJ	5.31	-145.65%	🇺🇸 USA
Nektar Therapeutics NKTR	2.48	-121.29%	🇺🇸 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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Akebia Therapeutics (AKBA) - P/B ratio