Greenwich LifeSciences (GLSI)

P/B ratio as of September 2024 : 31.7

According to Greenwich LifeSciences's latest financial reports the company has a price-to-book ratio of 31.7.
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.

Greenwich LifeSciences - 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	20.2	36.49%
2022-12-31	14.8	24.2%
2021-12-31	11.9	-28.89%
2020-12-31	16.7
2019-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Novocure NVCR	4.67	-85.25%	Jersey
Novavax NVAX	-4.93	-115.58%	🇺🇸 USA
Organovo ONVO	1.07	-96.61%	🇺🇸 USA
Orchard Therapeutics ORTX	4.74	-85.04%	🇬🇧 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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Greenwich LifeSciences (GLSI) - P/B ratio