Appen (APX.AX) - P/B ratio

P/B ratio as of November 2024 : 3.40

According to Appen's latest financial reports the company has a price-to-book ratio of 1.1571.
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.

Appen - P/B ratio (from 2022 to 2021)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.9783	-30.7%
2022-12-31	1.41	-59.72%
2021-12-31	3.51	-56.65%
2020-12-31	8.09	0.27%
2019-12-31	8.06	-42.1%
2018-12-31	13.9	25.12%
2017-12-31	11.1	2.46%
2016-12-31	10.9	42.7%
2015-12-31	7.61

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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