Quince Therapeutics (QNCX)

P/B ratio as of October 2024 : 0.6430

According to Quince Therapeutics's latest financial reports the company has a price-to-book ratio of 0.6430.
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.

Quince Therapeutics - 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	0.5290	131.08%
2022-12-31	0.2289	-92.8%
2021-12-31	3.18	-33.16%
2020-12-31	4.76	-63.56%
2019-12-31	13.1
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
ORIC Pharmaceuticals ORIC	2.15	234.83%	🇺🇸 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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Quince Therapeutics (QNCX) - P/B ratio