Galmed Pharmaceuticals (GLMD)

P/B ratio as of November 2024 : 0.3650

According to Galmed Pharmaceuticals 's latest financial reports the company has a price-to-book ratio of 0.
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.

Galmed Pharmaceuticals - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.1314	-86.01%
2022-12-31	0.9388	-37.29%
2021-12-31	1.50	-0.28%
2020-12-31	1.50	-14.18%
2019-12-31	1.75	7.09%
2018-12-31	1.63	-79.45%
2017-12-31	7.95	106.43%
2016-12-31	3.85	-1.8%
2015-12-31	3.92	91.27%
2014-12-31	2.05
2013-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Catalent CTLT	3.00	722.14%	🇺🇸 USA
Endo International ENDPQ	0.0000	-100.01%	🇮🇪 Ireland
Evoke Pharma EVOK	1.79	390.17%	🇺🇸 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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Galmed Pharmaceuticals (GLMD) - P/B ratio