Elevation Oncology (ELEV)

P/B ratio as of October 2024 : 0.4093

According to Elevation Oncology's latest financial reports the company has a price-to-book ratio of 0.4093.
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.

Elevation Oncology - 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	0.4156	-7.95%
2022-12-31	0.4515	-54.57%
2021-12-31	0.9938
2020-12-31	N/A

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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Elevation Oncology (ELEV) - P/B ratio