Inovio Pharmaceuticals (INO) - P/B ratio

P/B ratio as of December 2025 : -18.1

According to Inovio Pharmaceuticals's latest financial reports the company has a price-to-book ratio of 764.891.
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.

Inovio Pharmaceuticals - P/B ratio (from 2001 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	N/A	-100%
2024-12-31	0.9854	-16.94%
2023-12-31	1.19	-32.22%
2022-12-31	1.75	-33.37%
2021-12-31	2.63	-19.21%
2020-12-31	3.25	-94.75%
2019-12-31	61.9	1284.97%
2018-12-31	4.47	70.73%
2017-12-31	2.62	-37.18%
2016-12-31	4.17	51.02%
2015-12-31	2.76	-44.82%
2014-12-31	5.00	-56.64%
2013-12-31	11.5	457.47%
2012-12-31	2.07	81.71%
2011-12-31	1.14	-55.62%
2010-12-31	2.56	33.96%
2009-12-31	1.91	59.82%
2008-12-31	1.20	-7.77%
2007-12-31	1.30	-73.97%
2006-12-31	4.99	75.05%
2005-12-31	2.85	-38.94%
2004-12-31	4.67	-11.77%
2003-12-31	5.29	39.65%
2002-12-31	3.79

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Pfizer PFE	1.59	-108.80%	🇺🇸 USA
Johnson & Johnson JNJ	6.15	-134.02%	🇺🇸 USA
Arrowhead Pharmaceuticals ARWR	16.2	-189.65%	🇺🇸 USA
Novartis NVS	5.70	-131.56%	🇨🇭 Switzerland
Merck MRK	4.81	-126.61%	🇺🇸 USA
GlaxoSmithKline GSK	4.60	-125.47%	🇬🇧 UK
Gilead Sciences GILD	7.02	-138.88%	🇺🇸 USA

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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