Eterna Therapeutics (ERNA)

P/B ratio as of December 2025 : 3.25

According to Eterna Therapeutics's latest financial reports the company has a price-to-book ratio of 11616.4.
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.

Eterna Therapeutics - P/B ratio (from 2021 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	N/A	-100%
2024-12-31	7.64	75.7%
2023-12-31	4.35	218.94%
2022-12-31	1.36	-83.98%
2021-12-31	8.51
2020-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Baxter BAX	1.35	-58.61%	🇺🇸 USA
Geron GERN	3.57	9.64%	🇺🇸 USA
Omeros Corporation OMER	-3.28	-200.90%	🇺🇸 USA
Sanofi SNY	1.38	-57.53%	🇫🇷 France
Bio-Techne TECH	4.78	46.79%	🇺🇸 USA
Genetic Technologies GENE	3.03	-6.98%	🇦🇺 Australia
Teva Pharmaceutical Industries TEVA	4.77	46.69%	🇮🇱 Israel

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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Eterna Therapeutics (ERNA) - P/B ratio