Avalon GloboCare (ALBT)

P/B ratio as of October 2024 : 0.7860

According to Avalon GloboCare's latest financial reports the company has a price-to-book ratio of 2.68072.
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.

Avalon GloboCare - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.7210	-84.53%
2022-12-31	4.66	-80.18%
2021-12-31	23.5	6.13%
2020-12-31	22.1	-32.39%
2019-12-31	32.8	83.5%
2018-12-31	17.8	-22.37%
2017-12-31	23.0	-44.66%
2016-12-31	41.5
2015-12-31	N/A
2014-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Office Properties Income Trust OPI	0.0814	-89.64%	🇺🇸 USA
One Liberty Properties OLP	1.93	146.03%	🇺🇸 USA
Omega Healthcare OHI	2.79	254.75%	🇺🇸 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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Avalon GloboCare (ALBT) - P/B ratio