According to AvidXchange's latest financial reports the company has a price-to-book ratio of 3.66788.
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.
Year | P/B ratio | Change |
---|---|---|
2024-12-31 | 3.18 | -17.18% |
2023-12-31 | 3.83 | 27.63% |
2022-12-31 | 3.00 | -26.49% |
2021-12-31 | 4.09 | |
2020-12-31 | N/A |