Axonics Modulation Tech (AXNX)

P/B ratio as of September 2024 : 5.52

According to Axonics Modulation Tech's latest financial reports the company has a price-to-book ratio of 5.52.
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.

Axonics Modulation Tech - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.94	-8.97%
2022-12-31	5.43	1.08%
2021-12-31	5.37	-22.29%
2020-12-31	6.92	33.89%
2019-12-31	5.17	76.13%
2018-12-31	2.93
2017-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Philips PHG	2.39	-56.75%	🇳🇱 Netherlands
PAVmed PAVM	-0.6165	-111.16%	🇺🇸 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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Axonics Modulation Tech (AXNX) - P/B ratio