Spyre Therapeutics (SYRE)

P/B ratio as of September 2024 : 3.93

According to Spyre Therapeutics's latest financial reports the company has a price-to-book ratio of 3.93.
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.

Spyre Therapeutics - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.21	665.75%
2022-12-31	0.5501	-80.3%
2021-12-31	2.79	3.47%
2020-12-31	2.70	-27.02%
2019-12-31	3.70	37.92%
2018-12-31	2.68	49.9%
2017-12-31	1.79	92.79%
2016-12-31	0.9279
2015-12-31	N/A
2014-12-31	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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Spyre Therapeutics (SYRE) - P/B ratio