AXT Inc
AXTI
$2.92
Share price
2.82%
Change (1 day)
-3.95%
Change (1 year)
Categories
AXT Inc (AXTI) - P/B ratio
P/B ratio as of April 2024 : 0.4801
According to AXT Inc
's latest financial reports the company has a price-to-book ratio of 0.4801.
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.
AXT Inc - P/B ratio (from 2001 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.3892 | -40.89% |
| 2022-12-31 | 0.6584 | -51.04% |
| 2021-12-31 | 1.34 | -13.07% |
| 2020-12-31 | 1.55 | 68.69% |
| 2019-12-31 | 0.9169 | 2.55% |
| 2018-12-31 | 0.8941 | -50.24% |
| 2017-12-31 | 1.80 | 57.95% |
| 2016-12-31 | 1.14 | 93.86% |
| 2015-12-31 | 0.5868 | -7.66% |
| 2014-12-31 | 0.6355 | 8.68% |
| 2013-12-31 | 0.5847 | -3.29% |
| 2012-12-31 | 0.6046 | -33.66% |
| 2011-12-31 | 0.9114 | -67.19% |
| 2010-12-31 | 2.78 | 169.18% |
| 2009-12-31 | 1.03 | 143.2% |
| 2008-12-31 | 0.4243 | -78.98% |
| 2007-12-31 | 2.02 | 19.69% |
| 2006-12-31 | 1.69 | 90.75% |
| 2005-12-31 | 0.8841 | 64.62% |
| 2004-12-31 | 0.5370 | -38.1% |
| 2003-12-31 | 0.8675 | 126.37% |
| 2002-12-31 | 0.3832 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Lam Research LRCX | 14.1 | 2,847.46% | 🇺🇸 USA |
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