Immunovant (IMVT) - P/B ratio

P/B ratio as of October 2024 : 7.65

According to Immunovant's latest financial reports the company has a price-to-book ratio of 7.65.
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.

Immunovant - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	8.97	62.24%
2022-12-31	5.53	185.08%
2021-12-31	1.94	-82.23%
2020-12-31	10.9	40.8%
2019-12-31	7.75

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
ORIC Pharmaceuticals ORIC	2.34	-69.37%	🇺🇸 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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