Cartesian Therapeutics (RNAC)

P/B ratio as of October 2024 : -3.63

According to Cartesian Therapeutics's latest financial reports the company has a price-to-book ratio of -3.63.
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.

Cartesian Therapeutics - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	-0.2536	-113.76%
2022-12-31	1.84	-89.7%
2021-12-31	17.9	-198.4%
2020-12-31	-18.2	-174.33%
2019-12-31	24.5	-321.77%
2018-12-31	-11.0	-360.88%
2017-12-31	4.23	-25.5%
2016-12-31	5.68
2015-12-31	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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Cartesian Therapeutics (RNAC) - P/B ratio