Crinetics Pharmaceuticals (CRNX)

P/B ratio as of September 2024 : 4.94

According to Crinetics Pharmaceuticals's latest financial reports the company has a price-to-book ratio of 4.94.
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.

Crinetics Pharmaceuticals - 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	4.41	41.62%
2022-12-31	3.11	-23.58%
2021-12-31	4.07	47.78%
2020-12-31	2.76	-46.96%
2019-12-31	5.20	15.4%
2018-12-31	4.50
2017-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
ORIC Pharmaceuticals ORIC	2.52	-48.87%	🇺🇸 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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Crinetics Pharmaceuticals (CRNX) - P/B ratio