MongoDB (MDB) - P/B ratio

P/B ratio as of September 2024 : 15.2

According to MongoDB's latest financial reports the company has a price-to-book ratio of 15.2.
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.

MongoDB - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	30.5	53.03%
2022-12-31	19.9	-62.61%
2021-12-31	53.3	-94.63%
2020-12-31	992	2807.99%
2019-12-31	34.1	49.96%
2018-12-31	22.8	223.16%
2017-12-31	7.04

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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