Renovaro Biosciences (RENB)

P/B ratio as of September 2024 : 0.4501

According to Renovaro Biosciences's latest financial reports the company has a price-to-book ratio of 0.4501.
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.

Renovaro Biosciences - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.85	467.5%
2022-12-31	0.8546	-63.11%
2021-12-31	2.32	171.96%
2020-12-31	0.8519	-37.23%
2019-12-31	1.36	-25.67%
2018-12-31	1.83	-94.81%
2017-12-31	35.2	-416.06%
2016-12-31	-11.1	-113.23%
2015-12-31	84.2
2014-12-31	N/A
2013-12-31	N/A
2012-12-31	N/A
2011-12-31	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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Renovaro Biosciences (RENB) - P/B ratio