Myomo (MYO) - P/B ratio

P/B ratio as of September 2024 : 12.5

According to Myomo's latest financial reports the company has a price-to-book ratio of 12.5.
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.

Myomo - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	14.8	2504.86%
2022-12-31	0.5673	-81.41%
2021-12-31	3.05	14.17%
2020-12-31	2.67	-5.93%
2019-12-31	2.84	1.84%
2018-12-31	2.79	-16.61%
2017-12-31	3.35
2016-12-31	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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