Veritone (VERI) - P/B ratio

P/B ratio as of November 2024 : -20.5

According to Veritone's latest financial reports the company has a price-to-book ratio of 0.883019.
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.

Veritone - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.76	-27.01%
2022-12-31	2.41	-73.43%
2021-12-31	9.06	-11.62%
2020-12-31	10.3	660.72%
2019-12-31	1.35	10.62%
2018-12-31	1.22	-79.97%
2017-12-31	6.08
2016-12-31	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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