Quanterix (QTRX) - P/B ratio

P/B ratio as of September 2024 : 1.77

According to Quanterix's latest financial reports the company has a price-to-book ratio of 1.77.
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.

Quanterix - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.98	108.51%
2022-12-31	1.43	-59.43%
2021-12-31	3.52	-50.67%
2020-12-31	7.14	38.85%
2019-12-31	5.15	-48.01%
2018-12-31	9.90	43.36%
2017-12-31	6.90
2016-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Precipio PRPO	0.7668	-56.56%	🇺🇸 USA
Quanterix QTRX	1.77	0.00%	🇺🇸 USA
PerkinElmer PKI	1.80	1.93%	🇺🇸 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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