Onconova Therapeutics (ONTX)

P/B ratio as of September 2024 : 3.48

According to Onconova Therapeutics's latest financial reports the company has a price-to-book ratio of 3.48.
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.

Onconova Therapeutics - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.47	207.44%
2022-12-31	0.4773	-58.68%
2021-12-31	1.16	-91.72%
2020-12-31	14.0	279.25%
2019-12-31	3.68	65.52%
2018-12-31	2.22	-249.4%
2017-12-31	-1.49	-149.7%
2016-12-31	2.99	33.16%
2015-12-31	2.25	-25.64%
2014-12-31	3.02	-0.77%
2013-12-31	3.05
2012-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Spectrum Pharmaceuticals SPPI	7.89	126.93%	🇺🇸 USA
Array Technologies ARRY	1.74	-49.97%	🇺🇸 USA
Baxter BAX	2.57	-26.18%	🇺🇸 USA
CTI BioPharma CTIC	-47.3	-1,460.84%	🇺🇸 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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Onconova Therapeutics (ONTX) - P/B ratio