Skye Bioscience (SKYE)

P/B ratio as of November 2024 : 2.23

According to Skye Bioscience's latest financial reports the company has a price-to-book ratio of 0.
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.

Skye Bioscience - 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	-15.7	220.46%
2022-12-31	-4.91	-216.36%
2021-12-31	4.22	-83.48%
2020-12-31	25.6	-41.3%
2019-12-31	43.5	-1365.3%
2018-12-31	-3.44	-41.5%
2017-12-31	-5.88	35.92%
2016-12-31	-4.33	-114.63%
2015-12-31	29.6	-110.82%
2014-12-31	-273
2013-12-31	N/A
2012-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
ORIC Pharmaceuticals ORIC	2.26	1.29%	🇺🇸 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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Skye Bioscience (SKYE) - P/B ratio