InnovAge (INNV) - P/B ratio

P/B ratio as of November 2024 : 2.71

According to InnovAge's latest financial reports the company has a price-to-book ratio of 1.06398.
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.

InnovAge - 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	2.69	-8.28%
2022-12-31	2.93	59.53%
2021-12-31	1.84
2020-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
AcelRx Pharmaceuticals ACRX	1.03	-61.87%	🇺🇸 USA
Horizon Therapeutics HZNP	5.01	84.98%	🇮🇪 Ireland
Cocrystal Pharma COCP	1.03	-62.02%	🇺🇸 USA
Merck MRK	5.96	120.04%	🇺🇸 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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