PureTech Health (PRTC)

P/B ratio as of November 2024 : 1.19

According to PureTech Health's latest financial reports the company has a price-to-book ratio of 261.702.
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.

PureTech Health - P/B ratio (from 2015 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	1.67	3.02%
2022-12-31	1.62	-16.42%
2021-12-31	1.94	-18.58%
2020-12-31	2.38	29.53%
2019-12-31	1.84
2018-12-31	N/A	-100%
2017-12-31	8.03
2016-12-31	N/A	-100%
2015-12-31	3.33
2014-12-31	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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PureTech Health (PRTC) - P/B ratio