Eterna Therapeutics (ERNA)

P/B ratio as of December 2025 : 2.73

According to Eterna Therapeutics's latest financial reports the company has a price-to-book ratio of 9732.62.
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.

Eterna Therapeutics - P/B ratio (from 2021 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	2.99	-60.87%
2024-12-31	7.64	75.7%
2023-12-31	4.35	218.94%
2022-12-31	1.36	-83.98%
2021-12-31	8.51
2020-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Baxter BAX	1.35	-50.52%	🇺🇸 USA
Geron GERN	3.41	25.22%	🇺🇸 USA
Omeros Corporation OMER	-2.81	-203.21%	🇺🇸 USA
Sanofi SNY	1.36	-50.24%	🇫🇷 France
Bio-Techne TECH	4.70	72.26%	🇺🇸 USA
Genetic Technologies GENE	3.03	11.03%	🇦🇺 Australia
Teva Pharmaceutical Industries TEVA	4.99	82.98%	🇮🇱 Israel

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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Eterna Therapeutics (ERNA) - P/B ratio