Mersana Therapeutics (MRSN)

P/B ratio as of December 2025 : -2.44

According to Mersana Therapeutics's latest financial reports the company has a price-to-book ratio of 4.37579.
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.

Mersana Therapeutics - P/B ratio (from 2017 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	-2.38	-87.79%
2024-12-31	-19.5	-357.06%
2023-12-31	7.58	19.35%
2022-12-31	6.35	72.86%
2021-12-31	3.67	-54.02%
2020-12-31	7.99	140.65%
2019-12-31	3.32	-69.19%
2018-12-31	10.8	101.81%
2017-12-31	5.34
2016-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
ORIC Pharmaceuticals ORIC	2.18	-189.51%	🇺🇸 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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Mersana Therapeutics (MRSN) - P/B ratio