X4 Pharmaceuticals (XFOR)

P/B ratio as of October 2024 : 0.8945

According to X4 Pharmaceuticals 's latest financial reports the company has a price-to-book ratio of 0.8945.
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.

X4 Pharmaceuticals - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.75	68.44%
2022-12-31	1.63	62.97%
2021-12-31	1.00	-30.48%
2020-12-31	1.44	7.71%
2019-12-31	1.34	-14.67%
2018-12-31	1.57	-47.42%
2017-12-31	2.98
2016-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
ORIC Pharmaceuticals ORIC	2.15	140.71%	🇺🇸 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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X4 Pharmaceuticals (XFOR) - P/B ratio