Altamira Therapeutics (CYTO)

P/B ratio as of September 2024 : 0.3119

According to Altamira Therapeutics's latest financial reports the company has a price-to-book ratio of 0.3119.
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.

Altamira Therapeutics - P/B ratio (from 2014 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.6423	-201.94%
2022-12-31	-0.6300	-133.4%
2021-12-31	1.89	19.97%
2020-12-31	1.57	46.61%
2019-12-31	1.07	-76.72%
2018-12-31	4.61	-137.61%
2017-12-31	-12.3	-563.08%
2016-12-31	2.65	-28.57%
2015-12-31	3.70	76.47%
2014-12-31	2.10
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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Altamira Therapeutics (CYTO) - P/B ratio