Profound Medical (PROF)

P/B ratio as of September 2024 : 4.93

According to Profound Medical's latest financial reports the company has a price-to-book ratio of 4.93.
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.

Profound Medical - P/B ratio (from 2020 to 2020)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	5.82	35.67%
2022-12-31	4.29	48.77%
2021-12-31	2.88	-32.4%
2020-12-31	4.26	-64.69%
2019-12-31	12.1	296.51%
2018-12-31	3.04	-44.27%
2017-12-31	5.46	36.83%
2016-12-31	3.99
2015-12-31	N/A
2014-12-31	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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Profound Medical (PROF) - P/B ratio