Avidity Biosciences (RNA)

P/B ratio as of September 2024 : 4.32

According to Avidity Biosciences's latest financial reports the company has a price-to-book ratio of 4.32.
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.

Avidity Biosciences - 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	1.43	-43.91%
2022-12-31	2.55	-12.7%
2021-12-31	2.92	-6.55%
2020-12-31	3.13
2019-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
PTC Therapeutics PTCT	-2.78	-164.44%	🇺🇸 USA
Acorda Therapeutics ACOR	-0.0044	-100.10%	🇺🇸 USA
Sarepta Therapeutics SRPT	11.1	156.16%	🇺🇸 USA
Catalyst Pharmaceuticals CPRX	3.98	-7.80%	🇺🇸 USA
Fate Therapeutics FATE	1.11	-74.24%	🇺🇸 USA
Pfizer PFE	1.92	-55.65%	🇺🇸 USA
GlaxoSmithKline GSK	4.98	15.20%	🇬🇧 UK

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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Avidity Biosciences (RNA) - P/B ratio