Grocery Outlet (GO)

P/B ratio as of November 2024 : 1.18

According to Grocery Outlet 's latest financial reports the company has a price-to-book ratio of 0.34692.
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.

Grocery Outlet - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.19	-14.18%
2022-12-31	2.56	-4.93%
2021-12-31	2.69	-32.85%
2020-12-31	4.01	3.54%
2019-12-31	3.87
2018-12-31	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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Grocery Outlet (GO) - P/B ratio