ReneSola (SOL) - P/B ratio

P/B ratio as of December 2024 : 0.2617

According to ReneSola 's latest financial reports the company has a price-to-book ratio of 0.917688.
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.

ReneSola - P/B ratio (from 2008 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	0.2624	-39.03%
2023-12-31	0.4304	-44.87%
2022-12-31	0.7808	-15.78%
2021-12-31	0.9270	-72.33%
2020-12-31	3.35	577.08%
2019-12-31	0.4949	36.18%
2018-12-31	0.3634	-67.53%
2017-12-31	1.12	15.41%
2016-12-31	0.9697	-37.16%
2015-12-31	1.54	45.17%
2014-12-31	1.06	-48.79%
2013-12-31	2.08	468.53%
2012-12-31	0.3651	66.2%
2011-12-31	0.2197	-83.04%
2010-12-31	1.30	15.01%
2009-12-31	1.13	41.82%
2008-12-31	0.7942
2007-12-31	N/A
2006-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Jinko Solar JKS	0.2341	-10.53%	🇨🇳 China
DAQO New Energy DQ	0.1823	-30.35%	🇨🇳 China
Canadian Solar CSIQ	0.1863	-28.82%	🇨🇦 Canada

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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