Oblong (OBLG) - P/B ratio

P/B ratio as of October 2024 : 0.8810

According to Oblong's latest financial reports the company has a price-to-book ratio of 0.8810.
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.

Oblong - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.5380	-46.3%
2022-12-31	1.00	-19.52%
2021-12-31	1.24	-31.06%
2020-12-31	1.81	448.29%
2019-12-31	0.3293	-64.16%
2018-12-31	0.9189	-13.37%
2017-12-31	1.06	-57.03%
2016-12-31	2.47	-11.3%
2015-12-31	2.78	-43.93%
2014-12-31	4.96	-1.5%
2013-12-31	5.04	13.98%
2012-12-31	4.42	-63.04%
2011-12-31	12.0	-39.87%
2010-12-31	19.9	-48.83%
2009-12-31	38.9	-994.5%
2008-12-31	-4.35	237.55%
2007-12-31	-1.29	-15.26%
2006-12-31	-1.52	-88.15%
2005-12-31	-12.8	-167.86%
2004-12-31	18.9	566.19%
2003-12-31	2.84	28.78%
2002-12-31	2.20

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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