Avita Medical (RCEL)

P/B ratio as of October 2024 : 11.7

According to Avita Medical 's latest financial reports the company has a price-to-book ratio of 11.7.
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.

Avita Medical - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	7.15	266.55%
2022-12-31	1.95	-27.21%
2021-12-31	2.68	-60.27%
2020-12-31	6.74
2019-12-31	N/A
2018-12-31	N/A
2017-12-31	N/A
2016-12-31	N/A
2015-12-31	N/A
2014-12-31	N/A
2013-12-31	N/A
2012-12-31	N/A
2011-12-31	N/A
2010-12-31	N/A
2009-12-31	N/A
2008-12-31	N/A
2007-12-31	N/A
2006-12-31	N/A
2005-12-31	N/A
2004-12-31	N/A
2003-12-31	N/A
2002-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Novocure NVCR	4.68	-59.87%	Jersey
Novavax NVAX	-4.68	-140.20%	🇺🇸 USA
Organovo ONVO	1.17	-89.92%	🇺🇸 USA
Orchard Therapeutics ORTX	4.74	-59.35%	🇬🇧 UK

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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Avita Medical (RCEL) - P/B ratio