Ovid Therapeutics (OVID)

P/B ratio as of September 2024 : 0.9420

According to Ovid Therapeutics 's latest financial reports the company has a price-to-book ratio of 0.9420.
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.

Ovid Therapeutics - 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	2.59	161.61%
2022-12-31	0.9909	-18.51%
2021-12-31	1.22	-63.79%
2020-12-31	3.36	3.58%
2019-12-31	3.24	110.89%
2018-12-31	1.54	-47.17%
2017-12-31	2.91
2016-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
ORIC Pharmaceuticals ORIC	2.48	163.74%	🇺🇸 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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Ovid Therapeutics (OVID) - P/B ratio