T2 Biosystems (TTOO)

P/B ratio as of November 2024 : -1.51

According to T2 Biosystems 's latest financial reports the company has a price-to-book ratio of 1.24439.
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.

T2 Biosystems - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	-0.9065	245.89%
2022-12-31	-0.2621	-96.05%
2021-12-31	-6.64	-131.58%
2020-12-31	21.0	-1306.43%
2019-12-31	-1.74	-114.92%
2018-12-31	11.7	-89.4%
2017-12-31	110	2606.97%
2016-12-31	4.07	-27.78%
2015-12-31	5.63	-22.55%
2014-12-31	7.28
2013-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Aldeyra Therapeutics ALDX	2.85	-288.35%	🇺🇸 USA
CareDx CDNA	4.23	-379.98%	🇺🇸 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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T2 Biosystems (TTOO) - P/B ratio