MDxHealth (MDXH) - P/B ratio

P/B ratio as of November 2024 : -11.2

According to MDxHealth's latest financial reports the company has a price-to-book ratio of 1.22608.
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.

MDxHealth - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	16.5	43%
2022-12-31	11.6	248.03%
2021-12-31	3.32
2020-12-31	N/A	-100%
2019-12-31	4.17
2018-12-31	N/A	-100%
2017-12-31	4.40
2016-12-31	N/A	-100%
2015-12-31	4.60	-45.96%
2014-12-31	8.50	52.12%
2013-12-31	5.59
2012-12-31	N/A	-100%
2011-12-31	1.67
2010-12-31	N/A	-100%
2009-12-31	2.94

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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