What is CorMedix's price / book?

CorMedix (CRMD) reported price / book of 1.2× in Q1 2026.

How has CorMedix's price / book changed year-over-year?

CorMedix's price / book decreased by 64.9% year-over-year, from 3.5× to 1.2×.

What is the long-term trend for CorMedix's price / book?

Over 5 years (2020 to 2025), CorMedix's price / book has grown at a -18.8% compound annual growth rate (CAGR), from 6.4× to 2.3×.

What does price / book mean?

Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

CorMedix CRMD Price / book

Price / book at other companies

PfizerPFE

1.8×+0.2×

Merck & Co.MRK

6.5×+1.8×

Merit Medical SystemsMMSI

2.5×-1.8×

ITG

Integer HoldingsITGR

1.8×-0.8×

IAR

Integra LifeSciencesIART

0.7×-0.4×

AbbottABT

3.4×-1.3×

Other financials

Income statement

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Revenue$127.4M+226%

Gross profit$115.4M+207%

Operating income$63.7M+216%

Net income$38.6M+87.0%

EPS (diluted)$0.43+43.3%

Balance sheet

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Cash & equivalents$179.1M+170%

Total debt$4.3M+729%

Total equity$437.0M+280%

Total assets$815.6M+445%

Cash flow

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Operating cash flow$42.4M+115%

CapEx$729.0K+7,190%

Free cash flow$41.7M+111%

Valuation

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Market cap$605.65M-34.4%

P/E3.4×—

P/S1.5×-9.6×

Profitability

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Gross margin91.9%-3.5pp

Operating margin48.4%—

Net margin45.2%—

FCF margin48.7%+38.8pp

Returns & leverage

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Return on equity65.6%—

Debt / equity0×0.0×

Current ratio3×-1.2×

Where this comes from

Calculated from CorMedix’s reported figures.

market cap/total stockholders equity=1.2×

Based on the most recent quarter.

The official record: CorMedix’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CorMedix's price / book?: CorMedix (CRMD) reported price / book of 1.2× in Q1 2026.
How has CorMedix's price / book changed year-over-year?: CorMedix's price / book decreased by 64.9% year-over-year, from 3.5× to 1.2×.
What is the long-term trend for CorMedix's price / book?: Over 5 years (2020 to 2025), CorMedix's price / book has grown at a -18.8% compound annual growth rate (CAGR), from 6.4× to 2.3×.
What does price / book mean?: Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.