Nektar Therapeutics (NKTR) - P/B ratio

P/B ratio as of December 2025 : 12.9

According to Nektar Therapeutics 's latest financial reports the company has a price-to-book ratio of 17.4723.
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.

Nektar Therapeutics - P/B ratio (from 2001 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	13.1	353.64%
2024-12-31	2.88	250.32%
2023-12-31	0.8229	-28.98%
2022-12-31	1.16	-68.43%
2021-12-31	3.67	29.62%
2020-12-31	2.83	4.43%
2019-12-31	2.71	-18.37%
2018-12-31	3.32	-96.9%
2017-12-31	107	403.16%
2016-12-31	21.3	-94%
2015-12-31	355	533.42%
2014-12-31	56.0	-480.63%
2013-12-31	-14.7	-180.96%
2012-12-31	18.2	461.25%
2011-12-31	3.24	-75.84%
2010-12-31	13.4	57.74%
2009-12-31	8.49	214.19%
2008-12-31	2.70	-6.41%
2007-12-31	2.89	-52.77%
2006-12-31	6.11	38.42%
2005-12-31	4.42	20.6%
2004-12-31	3.66	-21.37%
2003-12-31	4.66	114.58%
2002-12-31	2.17

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Amgen AMGN	18.1	40.60%	🇺🇸 USA
Pfizer PFE	1.62	-87.42%	🇺🇸 USA
Merck MRK	4.78	-62.79%	🇺🇸 USA
Richardson Electronics RELL	0.9972	-92.24%	🇺🇸 USA
AstraZeneca AZN	6.14	-52.23%	🇬🇧 UK
Baxter BAX	1.40	-89.12%	🇺🇸 USA
Alkermes ALKS	2.68	-79.11%	🇮🇪 Ireland
Johnson & Johnson JNJ	6.51	-49.35%	🇺🇸 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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