Cerevel Therapeutics (CERE)

P/B ratio as of September 2024 : 14.5

According to Cerevel Therapeutics's latest financial reports the company has a price-to-book ratio of 14.5.
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.

Cerevel Therapeutics - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	11.4	20.18%
2022-12-31	9.46	14.68%
2021-12-31	8.25	50.47%
2020-12-31	5.48

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Archer Daniels Midland (ADM) ADM	1.30	-91.03%	🇺🇸 USA
Dow DOW	1.93	-86.72%	🇺🇸 USA
Dupont De Nemours DD	1.46	-89.93%	🇺🇸 USA
Campbell Soup CPB	3.91	-73.05%	🇺🇸 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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Cerevel Therapeutics (CERE) - P/B ratio