Petros Pharmaceuticals (PTPI)

P/B ratio as of September 2024 : 0.3660

According to Petros Pharmaceuticals's latest financial reports the company has a price-to-book ratio of 0.3660.
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.

Petros Pharmaceuticals - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.2487	-13.92%
2022-12-31	0.2889	-85.06%
2021-12-31	1.93	-20.94%
2020-12-31	2.45

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
NRC Health NRC	13.3	3,522.82%	🇺🇸 USA
Nymox Pharmaceutical NYMX	-6.34	-1,833.33%	Bahamas

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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Petros Pharmaceuticals (PTPI) - P/B ratio