KORU Medical Systems (KRMD)

P/B ratio as of November 2024 : 7.59

According to KORU Medical Systems's latest financial reports the company has a price-to-book ratio of 4.60532.
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.

KORU Medical Systems - P/B ratio (from 2008 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	5.51	6.75%
2022-12-31	5.16	40.9%
2021-12-31	3.66	-49.94%
2020-12-31	7.32	-68.13%
2019-12-31	23.0	226.23%
2018-12-31	7.04	8.89%
2017-12-31	6.46	130.64%
2016-12-31	2.80	-9.24%
2015-12-31	3.09	3.33%
2014-12-31	2.99	78.19%
2013-12-31	1.68	-18.73%
2012-12-31	2.06	-32.19%
2011-12-31	3.04	32.18%
2010-12-31	2.30	-64.81%
2009-12-31	6.54	-80.81%
2008-12-31	34.1
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

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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KORU Medical Systems (KRMD) - P/B ratio