Align Technology (ALGN) - P/B ratio

P/B ratio as of November 2024 : 4.27

According to Align Technology 's latest financial reports the company has a price-to-book ratio of 4.26898.
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.

Align Technology - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	5.78	26.36%
2022-12-31	4.57	-68.02%
2021-12-31	14.3	9.77%
2020-12-31	13.0	-19.85%
2019-12-31	16.3	21.91%
2018-12-31	13.3	-13.59%
2017-12-31	15.4	100.54%
2016-12-31	7.70	24.65%
2015-12-31	6.17	3.64%
2014-12-31	5.96	-17.98%
2013-12-31	7.26	88.74%
2012-12-31	3.85	1.35%
2011-12-31	3.80	-3.91%
2010-12-31	3.95	-18.81%
2009-12-31	4.87	81.31%
2008-12-31	2.68	-62.22%
2007-12-31	7.10	-34.48%
2006-12-31	10.8	152.26%
2005-12-31	4.30	-43.68%
2004-12-31	7.63	-50.45%
2003-12-31	15.4	521.71%
2002-12-31	2.48

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Dentsply Sirona XRAY	1.45	-65.92%	🇺🇸 USA
Biolase BIOL	-0.1014	-102.38%	🇺🇸 USA
3M MMM	15.1	253.52%	🇺🇸 USA
Danaher DHR	3.25	-23.92%	🇺🇸 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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