According to Adagene's latest financial reports the company has a price-to-book ratio of 9.21077.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 1.20 | 73.28% |
2022-12-31 | 0.6924 | -69.24% |
2021-12-31 | 2.25 | |
2020-12-31 | N/A | |
2019-12-31 | N/A |