Poseida Therapeutics (PSTX)

P/B ratio as of April 2024 : 1.98

According to Poseida Therapeutics's latest financial reports the company has a price-to-book ratio of 1.98.
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.

Poseida Therapeutics - P/B ratio (from 2020 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	3.10	27.59%
2022-12-31	2.43	-10.91%
2021-12-31	2.73	5.22%
2020-12-31	2.59
2019-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
ORIC Pharmaceuticals ORIC	2.43	22.79%	🇺🇸 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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