Denali Therapeutics (DNLI)

P/B ratio as of September 2024 : 3.04

According to Denali Therapeutics 's latest financial reports the company has a price-to-book ratio of 3.04.
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.

Denali Therapeutics - 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	2.88	-20.61%
2022-12-31	3.62	-35.99%
2021-12-31	5.66	-35.16%
2020-12-31	8.73	105.74%
2019-12-31	4.24	18.65%
2018-12-31	3.58	21.07%
2017-12-31	2.95
2016-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Novocure NVCR	4.67	53.73%	Jersey
Novavax NVAX	-4.93	-262.37%	🇺🇸 USA
Organovo ONVO	1.07	-64.64%	🇺🇸 USA
Orchard Therapeutics ORTX	4.74	55.91%	🇬🇧 UK

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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Denali Therapeutics (DNLI) - P/B ratio