Talis Biomedical (TLIS)

P/B ratio as of October 2024 : 0.0694

According to Talis Biomedical's latest financial reports the company has a price-to-book ratio of 0.0694.
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.

Talis Biomedical - P/B ratio (from 2021 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.1963	108.42%
2022-12-31	0.0942	-79.1%
2021-12-31	0.4505
2020-12-31	N/A
2019-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
ORIC Pharmaceuticals ORIC	2.39	3,347.82%	🇺🇸 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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Talis Biomedical (TLIS) - P/B ratio