Addex Therapeutics (ADXN)

P/B ratio as of October 2024 : -6.70

According to Addex Therapeutics's latest financial reports the company has a price-to-book ratio of -6.70.
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.

Addex Therapeutics - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.77	201.52%
2022-12-31	1.58	-32.07%
2021-12-31	2.33	-37.57%
2020-12-31	3.73	118.1%
2019-12-31	1.71	12.98%
2018-12-31	1.51	-93.27%
2017-12-31	22.5	-76.54%
2016-12-31	95.8	407.7%
2015-12-31	18.9	91.16%
2014-12-31	9.87	-18.39%
2013-12-31	12.1	109.24%
2012-12-31	5.78
2011-12-31	N/A
2010-12-31	N/A
2009-12-31	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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Addex Therapeutics (ADXN) - P/B ratio