Everspin Technologies (MRAM)

P/B ratio as of September 2024 : 2.33

According to Everspin Technologies's latest financial reports the company has a price-to-book ratio of 2.33.
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.

Everspin Technologies - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.52	20.49%
2022-12-31	2.93	-64.49%
2021-12-31	8.24	63.86%
2020-12-31	5.03	-2.26%
2019-12-31	5.14	33.67%
2018-12-31	3.85	-56.25%
2017-12-31	8.80	128.16%
2016-12-31	3.86
2015-12-31	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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Everspin Technologies (MRAM) - P/B ratio