Phio Pharmaceuticals (PHIO)

P/B ratio as of November 2024 : 0.7076

According to Phio Pharmaceuticals's latest financial reports the company has a price-to-book ratio of 0.
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.

Phio Pharmaceuticals - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.4497	-4.15%
2022-12-31	0.4691	-23.98%
2021-12-31	0.6171	-48.34%
2020-12-31	1.19	9.07%
2019-12-31	1.10	139.26%
2018-12-31	0.4578	-93.63%
2017-12-31	7.19	949.65%
2016-12-31	0.6846	-75.62%
2015-12-31	2.81	-78.09%
2014-12-31	12.8	85.27%
2013-12-31	6.92	-439.64%
2012-12-31	-2.04
2011-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Onconova Therapeutics ONTX	3.48	391.17%	🇺🇸 USA
OPKO Health OPK	0.7522	6.31%	🇺🇸 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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Phio Pharmaceuticals (PHIO) - P/B ratio