NIU (NIU) - P/B ratio

P/B ratio as of September 2024 : 1.05

According to NIU's latest financial reports the company has a price-to-book ratio of 1.05.
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.

NIU - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.10	-48.18%
2022-12-31	2.12	-65.8%
2021-12-31	6.19	-55.02%
2020-12-31	13.8	144.76%
2019-12-31	5.62	-10.35%
2018-12-31	6.27
2017-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
NIU NIU	1.05	0.00%	🇨🇳 China

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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