Novocure (NVCR) - P/B ratio

P/B ratio as of December 2025 : 3.90

According to Novocure 's latest financial reports the company has a price-to-book ratio of 2.07481.
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.

Novocure - P/B ratio (from 2015 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	N/A	-100%
2024-12-31	9.22	109.54%
2023-12-31	4.40	-74.78%
2022-12-31	17.4	-8.11%
2021-12-31	19.0	-48.63%
2020-12-31	37.0	-4.01%
2019-12-31	38.5	38.47%
2018-12-31	27.8	74.97%
2017-12-31	15.9	232.14%
2016-12-31	4.79	-35.92%
2015-12-31	7.47
2014-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Novocure NVCR	3.90	0.00%	Jersey
Novavax NVAX	-7.07	-281.05%	🇺🇸 USA
Organovo ONVO	0.3500	-91.04%	🇺🇸 USA
Orchard Therapeutics ORTX	4.74	21.31%	🇬🇧 UK

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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