iRhythm (ZIO) (IRTC)

P/B ratio as of October 2024 : 25.7

According to iRhythm (ZIO)'s latest financial reports the company has a price-to-book ratio of 25.7.
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.

iRhythm (ZIO) - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	15.6	32.77%
2022-12-31	11.8	-5.07%
2021-12-31	12.4	-38.2%
2020-12-31	20.0	49.42%
2019-12-31	13.4	-58.68%
2018-12-31	32.5	100.56%
2017-12-31	16.2	125.78%
2016-12-31	7.17
2015-12-31	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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iRhythm (ZIO) (IRTC) - P/B ratio