Adial Pharmaceuticals (ADIL)

P/B ratio as of September 2024 : 1.13

According to Adial Pharmaceuticals 's latest financial reports the company has a price-to-book ratio of 1.13.
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.

Adial Pharmaceuticals - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.9684	-45.04%
2022-12-31	1.76	-89.07%
2021-12-31	16.1	162.65%
2020-12-31	6.14	76.26%
2019-12-31	3.48	-55.82%
2018-12-31	7.88
2017-12-31	N/A
2016-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
NRC Health NRC	13.1	1,052.96%	🇺🇸 USA
Nymox Pharmaceutical NYMX	-6.34	-659.02%	Bahamas

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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Adial Pharmaceuticals (ADIL) - P/B ratio