Myriad Genetics (MYGN) - P/B ratio

P/B ratio as of November 2024 : 1.94

According to Myriad Genetics's latest financial reports the company has a price-to-book ratio of 1.79074.
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.

Myriad Genetics - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.19	65.03%
2022-12-31	1.33	-41.71%
2021-12-31	2.28	38.88%
2020-12-31	1.64	-12.92%
2019-12-31	1.88	-5.83%
2018-12-31	2.00	-23.12%
2017-12-31	2.60	67.11%
2016-12-31	1.56	-61.17%
2015-12-31	4.01	14.26%
2014-12-31	3.51	52.82%
2013-12-31	2.30	-31.39%
2012-12-31	3.35	16.32%
2011-12-31	2.88	-21.6%
2010-12-31	3.67	-24.51%
2009-12-31	4.86	-18.01%
2008-12-31	5.93	0.6%
2007-12-31	5.89	11.29%
2006-12-31	5.29	70.22%
2005-12-31	3.11	-30.73%
2004-12-31	4.49	85.4%
2003-12-31	2.42	7.76%
2002-12-31	2.25

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Bio-Rad Laboratories BIO	1.34	-30.78%	🇺🇸 USA
Exact Sciences EXAS	2.92	50.75%	🇺🇸 USA
Biocept BIOC	3.94	103.00%	🇺🇸 USA
BioMarin Pharmaceutical BMRN	2.35	20.97%	🇺🇸 USA
Abbott Laboratories ABT	5.05	160.08%	🇺🇸 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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