Terns Pharmaceuticals (TERN)

P/B ratio as of October 2024 : 3.13

According to Terns Pharmaceuticals's latest financial reports the company has a price-to-book ratio of 3.13.
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.

Terns Pharmaceuticals - P/B ratio (from 2021 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.57	-13.72%
2022-12-31	1.82	63.32%
2021-12-31	1.11
2020-12-31	N/A
2019-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
ORIC Pharmaceuticals ORIC	2.34	-25.11%	🇺🇸 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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Terns Pharmaceuticals (TERN) - P/B ratio