Eledon Pharmaceuticals (ELDN)

P/B ratio as of October 2024 : -11.6

According to Eledon Pharmaceuticals's latest financial reports the company has a price-to-book ratio of -11.6.
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.

Eledon Pharmaceuticals - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	6.04	1521.86%
2022-12-31	0.3726	-3.15%
2021-12-31	0.3847	-68.59%
2020-12-31	1.22	54.16%
2019-12-31	0.7946	-23.61%
2018-12-31	1.04	-29.66%
2017-12-31	1.48	-118.05%
2016-12-31	-8.19	-356.69%
2015-12-31	3.19	0.15%
2014-12-31	3.19
2013-12-31	N/A

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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Eledon Pharmaceuticals (ELDN) - P/B ratio