G Medical Innovations (GMVD)

P/B ratio as of November 2024 : -0.3887

According to G Medical Innovations's latest financial reports the company has a price-to-book ratio of 0.401949.
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.

G Medical Innovations - P/B ratio (from 2018 to 2019)

P/B ratio by year

Year	P/B ratio	Change
2022-12-31	-0.7182	-91.02%
2021-12-31	-8.00	-98.61%
2020-12-31	-577	16433.93%
2019-12-31	-3.49	-90.72%
2018-12-31	-37.6
2017-12-31	N/A

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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G Medical Innovations (GMVD) - P/B ratio