Travere Therapeutics (TVTX)

P/B ratio as of September 2024 : 70.7

According to Travere Therapeutics's latest financial reports the company has a price-to-book ratio of 70.7.
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.

Travere Therapeutics - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.36	-89.32%
2022-12-31	31.5	400.66%
2021-12-31	6.29	-6.7%
2020-12-31	6.74	143.74%
2019-12-31	2.77	-6.01%
2018-12-31	2.94	4.17%
2017-12-31	2.83	21.74%
2016-12-31	2.32	-1.03%
2015-12-31	2.34	-127.4%
2014-12-31	-8.56	30.58%
2013-12-31	-6.55	-98.58%
2012-12-31	-463	29756.2%
2011-12-31	-1.55

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Onconova Therapeutics ONTX	3.48	-95.09%	🇺🇸 USA
OPKO Health OPK	0.7538	-98.93%	🇺🇸 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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Travere Therapeutics (TVTX) - P/B ratio