Fortress Biotech (FBIO)

P/B ratio as of September 2024 : -2.29

According to Fortress Biotech 's latest financial reports the company has a price-to-book ratio of -2.29.
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.

Fortress Biotech - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	28.1	1877.53%
2022-12-31	1.42	28.97%
2021-12-31	1.10	-27.72%
2020-12-31	1.53	-41.84%
2019-12-31	2.62	4.1%
2018-12-31	2.52	50.22%
2017-12-31	1.68	5.46%
2016-12-31	1.59	1.9%
2015-12-31	1.56	-2.97%
2014-12-31	1.61	25.37%
2013-12-31	1.28	-74.31%
2012-12-31	4.99	-20.64%
2011-12-31	6.29

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Advaxis ADXS	-0.1763	-92.30%	🇺🇸 USA
Veracyte VCYT	2.38	-203.90%	🇺🇸 USA
Dynavax Technologies DVAX	2.32	-201.46%	🇺🇸 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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Fortress Biotech (FBIO) - P/B ratio