Tenable (TENB) - P/B ratio

P/B ratio as of November 2024 : 12.6

According to Tenable's latest financial reports the company has a price-to-book ratio of 5.98393.
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.

Tenable - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	15.6	-1.87%
2022-12-31	15.8	-43.12%
2021-12-31	27.9	-22.56%
2020-12-31	36.0	50.63%
2019-12-31	23.9	40.73%
2018-12-31	17.0
2017-12-31	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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