According to Virax Biolabs's latest financial reports the company has a price-to-book ratio of 0.2360.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 0.4331 | -80.78% |
2022-12-31 | 2.25 | |
2021-12-31 | N/A |