Editas Medicine (EDIT)

P/B ratio as of November 2024 : 1.15

According to Editas Medicine 's latest financial reports the company has a price-to-book ratio of 3.01706.
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.

Editas Medicine - 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	2.37	40.15%
2022-12-31	1.69	-48.44%
2021-12-31	3.28	-70.46%
2020-12-31	11.1	81.05%
2019-12-31	6.13	30.57%
2018-12-31	4.70	-24.49%
2017-12-31	6.22	40.74%
2016-12-31	4.42
2015-12-31	N/A
2014-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Novocure NVCR	5.22	353.18%	Jersey
Novavax NVAX	-3.18	-375.99%	🇺🇸 USA
Organovo ONVO	0.8499	-26.19%	🇺🇸 USA
Orchard Therapeutics ORTX	4.74	311.30%	🇬🇧 UK

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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Editas Medicine (EDIT) - P/B ratio