Gogo Inflight Internet (GOGO)

P/B ratio as of September 2024 : 16.5

According to Gogo Inflight Internet 's latest financial reports the company has a price-to-book ratio of 16.5.
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.

Gogo Inflight Internet - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	32.0	-273.79%
2022-12-31	-18.4	296.85%
2021-12-31	-4.65	262.88%
2020-12-31	-1.28	-9.55%
2019-12-31	-1.42	45.34%
2018-12-31	-0.9741	-80.94%
2017-12-31	-5.11	-74.04%
2016-12-31	-19.7	-185.21%
2015-12-31	23.1	224.01%
2014-12-31	7.13	-8.67%
2013-12-31	7.81
2012-12-31	N/A
2011-12-31	N/A
2010-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Globalstar GSAT	5.88	-64.47%	🇺🇸 USA
Iridium Communications IRDM	4.13	-75.06%	🇺🇸 USA

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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Gogo Inflight Internet (GOGO) - P/B ratio