Akumin (AKU) - P/B ratio

P/B ratio as of November 2024 : 47.3

According to Akumin's latest financial reports the company has a price-to-book ratio of 0.0356128.
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.

Akumin - P/B ratio (from 2018 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	47.3	10258.73%
2022-12-31	0.4561	-5.97%
2021-12-31	0.4851	-67.91%
2020-12-31	1.51	-16.23%
2019-12-31	1.80	-2.32%
2018-12-31	1.85
2017-12-31	N/A
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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