Immuron Ltd ADR

NASDAQ IMRN

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Immuron Ltd ADR Price to Book Ratio (P/B) on June 03, 2024

Immuron Ltd ADR Price to Book Ratio (P/B) is NA on June 03, 2024, a NA change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Immuron Ltd ADR 52-week high Price to Book Ratio (P/B) is 0.92 on November 30, 2023, which is NA below the current Price to Book Ratio (P/B).
  • Immuron Ltd ADR 52-week low Price to Book Ratio (P/B) is 0.64 on November 09, 2023, which is NA below the current Price to Book Ratio (P/B).
  • Immuron Ltd ADR average Price to Book Ratio (P/B) for the last 52 weeks is 0.83.
NASDAQ: IMRN

Immuron Ltd ADR

CEO Mr. Steven George Lydeamore CPA, CPA, M.B.A., MBA
IPO Date June 9, 2017
Location Australia
Headquarters 62 Lygon Street, Carlton, VIC, Australia, 3053
Employees 6
Sector Healthcare
Industry Biotechnology
Description

Immuron Limited, a biopharmaceutical company, engages in the research, development, and commercialization of polyclonal antibodies in Australia, Israel, Canada, the United States, and internationally. The company operates through two segments, Research and Development, and Hyperimmune Products. It offers Travelan, an over-the-counter medicine to reduce the risk of travelers' diarrhea and risk of minor gastrointestinal disorders, as well as a dietary supplement for support digestive health and gastrointestinal tract protection; and Protectyn, an immune supplement to help maintain a healthy digestive function and liver. The company is also developing Travelan (IMM-124E) to reduce the risk of contracting travelers' diarrhea in the United States, and Travelers' Diarrhea; and IMM-529, for treating patients suffering from recurring clostridium difficile infection. It has a research agreement with Naval Medical Research Center to develop and clinically evaluate a therapeutic targeting Campylobacter and enterotoxigenic Escherichia coli infections; and a collaboration agreement with the Walter Reed Army Institute of Research to develop an oral therapeutic for shigellosis. Immuron Limited was incorporated in 1994 and is headquartered in Carlton, Australia.

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