NRx Pharmaceuticals (NRXP)

P/B ratio as of February 2026 : -2.22

According to NRx Pharmaceuticals's latest financial reports the company has a price-to-book ratio of 236.107.
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.

NRx Pharmaceuticals - P/B ratio (from 2021 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	-3.01	282.98%
2024-12-31	-0.7864	-76.45%
2023-12-31	-3.34	-132.95%
2022-12-31	10.1	-25%
2021-12-31	13.5
2020-12-31	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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NRx Pharmaceuticals (NRXP) - P/B ratio