Beyond Air (XAIR) - P/B ratio

P/B ratio as of November 2024 : 2.12

According to Beyond Air's latest financial reports the company has a price-to-book ratio of 21.0247.
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.

Beyond Air - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.67	-23.75%
2022-12-31	3.50	19.56%
2021-12-31	2.93	-47.97%
2020-12-31	5.63	-6.98%
2019-12-31	6.05	-62.55%
2018-12-31	16.2	-544.99%
2017-12-31	-3.63
2016-12-31	N/A
2015-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Inari Medical NARI	6.70	216.31%	🇺🇸 USA
Merit Medical MMSI	4.63	118.39%	🇺🇸 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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