DermTech (DMTK) - P/B ratio

P/B ratio as of September 2024 : 0.0822

According to DermTech's latest financial reports the company has a price-to-book ratio of 0.0822.
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.

DermTech - 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	1.05	159.39%
2022-12-31	0.4041	-80.27%
2021-12-31	2.05	-81.18%
2020-12-31	10.9	-11.23%
2019-12-31	12.3	824.94%
2018-12-31	1.33	3.74%
2017-12-31	1.28

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Montrose Environmental MEG	2.21	2,583.67%	🇺🇸 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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