Burning Rock Biotech (BNR)

P/B ratio as of October 2024 : 0.3293

According to Burning Rock Biotech's latest financial reports the company has a price-to-book ratio of 0.3293.
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.

Burning Rock Biotech - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.8784	-37.98%
2022-12-31	1.42	-58.83%
2021-12-31	3.44	-47.12%
2020-12-31	6.51
2019-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
OpGen OPGN	-1.31	-497.90%	🇺🇸 USA
NeoGenomics NEO	1.88	471.04%	🇺🇸 USA
LabCorp LH	2.27	588.16%	🇺🇸 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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Burning Rock Biotech (BNR) - P/B ratio