Trulite (TRUL) - P/B ratio

P/B ratio as of October 2024 : -0.2031

According to Trulite's latest financial reports the company has a price-to-book ratio of -0.2031.
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.

Trulite - P/B ratio (from 2007 to 2008)

P/B ratio by year

Year	P/B ratio	Change
2008-12-31	-2.44	-93.17%
2007-12-31	-35.7
2006-12-31	N/A
2005-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
QuantumScape QS	2.46	-1,312.03%	🇺🇸 USA

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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