AbbVie (ABBV) - P/B ratio

P/B ratio as of September 2024 : 50.1

According to AbbVie's latest financial reports the company has a price-to-book ratio of 50.1.
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.

AbbVie - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	26.3	59.17%
2022-12-31	16.5	6.61%
2021-12-31	15.5	7.36%
2020-12-31	14.4	-190.14%
2019-12-31	-16.0	-0.73%
2018-12-31	-16.1	-153.29%
2017-12-31	30.3	37.99%
2016-12-31	22.0	-9.2%
2015-12-31	24.2	-59.56%
2014-12-31	59.8	220.35%
2013-12-31	18.7	16.28%
2012-12-31	16.0
2011-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Pfizer PFE	1.83	-96.34%	🇺🇸 USA
Bristol-Myers Squibb BMY	5.80	-88.43%	🇺🇸 USA
Eli Lilly LLY	59.4	18.50%	🇺🇸 USA
Amgen AMGN	29.1	-41.94%	🇺🇸 USA
Gilead Sciences GILD	5.39	-89.25%	🇺🇸 USA
Biogen BIIB	1.83	-96.35%	🇺🇸 USA
GlaxoSmithKline GSK	5.17	-89.67%	🇬🇧 UK
AstraZeneca AZN	6.73	-86.57%	🇬🇧 UK
Neurocrine Biosciences NBIX	4.88	-90.26%	🇺🇸 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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