InnovAge (INNV) - P/B ratio

P/B ratio as of April 2026 : 3.77

According to InnovAge's latest financial reports the company has a price-to-book ratio of 1.18893.
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.

InnovAge - P/B ratio (from 2021 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	2.44	27.65%
2024-12-31	1.91	-29.01%
2023-12-31	2.69	-8.28%
2022-12-31	2.93	59.53%
2021-12-31	1.84
2020-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Merck MRK	5.65	49.84%	🇺🇸 USA
Cocrystal Pharma COCP	1.82	-51.83%	🇺🇸 USA
AcelRx Pharmaceuticals ACRX	1.03	-72.58%	🇺🇸 USA
Horizon Therapeutics HZNP	5.01	33.05%	🇮🇪 Ireland

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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