TELA Bio (TELA) - P/B ratio

P/B ratio as of October 2024 : 21.6

According to TELA Bio's latest financial reports the company has a price-to-book ratio of 21.6.
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.

TELA Bio - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	8.59	-44.25%
2022-12-31	15.4	66.75%
2021-12-31	9.24	108.63%
2020-12-31	4.43	-7.19%
2019-12-31	4.77
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Inari Medical NARI	5.59	-74.10%	🇺🇸 USA
Merit Medical MMSI	4.43	-79.46%	🇺🇸 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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