AvidXchange
AVDX
$12.12
Share price
0.50%
Change (1 day)
46.91%
Change (1 year)
Categories
AvidXchange (AVDX) - P/B ratio
P/B ratio as of May 2024 : 3.79
According to AvidXchange's latest financial reports the company has a price-to-book ratio of 3.79.
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.
AvidXchange - P/B ratio (from 2021 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 3.83 | 27.63% |
| 2022-12-31 | 3.00 | -26.49% |
| 2021-12-31 | 4.09 | |
| 2020-12-31 | N/A |