Zymeworks (ZYME) - P/B ratio

P/B ratio as of September 2024 : 2.29

According to Zymeworks's latest financial reports the company has a price-to-book ratio of 2.29.
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.

Zymeworks - P/B ratio (from 2017 to 2021)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.56	55.78%
2022-12-31	1.00	-74.09%
2021-12-31	3.88	-26.81%
2020-12-31	5.30	-27.64%
2019-12-31	7.32	181.48%
2018-12-31	2.60	57.15%
2017-12-31	1.66
2016-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
ORIC Pharmaceuticals ORIC	2.66	16.22%	🇺🇸 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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