Foghorn Therapeutics (FHTX)

P/B ratio as of September 2024 : -36.2

According to Foghorn Therapeutics's latest financial reports the company has a price-to-book ratio of -36.2.
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.

Foghorn Therapeutics - 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	-3.53	-100.15%
2022-12-31	> 1000	24444.73%
2021-12-31	9.70	90.31%
2020-12-31	5.10
2019-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
ORIC Pharmaceuticals ORIC	2.48	-106.87%	🇺🇸 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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Foghorn Therapeutics (FHTX) - P/B ratio