Tilray (TLRY) - P/B ratio

P/B ratio as of September 2024 : 0.4358

According to Tilray 's latest financial reports the company has a price-to-book ratio of 0.4358.
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.

Tilray - P/B ratio (from 2021 to 2021)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.5015	36.7%
2022-12-31	0.3669	-50.82%
2021-12-31	0.7459	-34.1%
2020-12-31	1.13	-23.68%
2019-12-31	1.48	-77.04%
2018-12-31	6.46	-32.54%
2017-12-31	9.57	61.73%
2016-12-31	5.92	-12.15%
2015-12-31	6.74	67.65%
2014-12-31	4.02
2013-12-31	N/A
2012-12-31	N/A
2011-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Onconova Therapeutics ONTX	3.48	697.52%	🇺🇸 USA
OPKO Health OPK	0.8084	85.50%	🇺🇸 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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