TELA Bio
TELA
#7346
Rank
$0.11 B
Marketcap
$4.52
Share price
1.57%
Change (1 day)
-51.66%
Change (1 year)
Categories

TELA Bio (TELA) - P/B ratio

P/B ratio as of April 2024 : 5.90

According to TELA Bio's latest financial reports the company has a price-to-book ratio of 5.90.
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.

TELA Bio - P/B ratio (from 2019 to 2023)

P/B ratio by year

Year P/B ratio Change
2023-12-318.59-44.25%
2022-12-3115.466.75%
2021-12-319.24108.63%
2020-12-314.43-7.19%
2019-12-314.77
2018-12-31N/A

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
3.63-38.54%๐Ÿ‡บ๐Ÿ‡ธ USA
4.73-19.84%๐Ÿ‡บ๐Ÿ‡ธ USA