Adaptive Biotechnologies (ADPT)

P/B ratio as of October 2024 : 3.13

According to Adaptive Biotechnologies 's latest financial reports the company has a price-to-book ratio of 3.13.
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.

Adaptive Biotechnologies - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.30	-2.26%
2022-12-31	2.35	-64.09%
2021-12-31	6.56	-39.75%
2020-12-31	10.9	65.82%
2019-12-31	6.56
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
HCA Healthcare HCA	78.3	2,404.73%	🇺🇸 USA
Premier PINC	1.02	-67.35%	🇺🇸 USA
Community Health Systems CYH	-0.9595	-130.68%	🇺🇸 USA
Select Medical Holdings SEM	2.61	-16.52%	🇺🇸 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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Adaptive Biotechnologies (ADPT) - P/B ratio