Planet13 (PLTH.CN)

P/B ratio as of November 2024 : 1.07

According to Planet13's latest financial reports the company has a price-to-book ratio of 1.66622.
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.

Planet13 - 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	1.34	75.81%
2022-12-31	0.7628	-77.41%
2021-12-31	3.38	-64.35%
2020-12-31	9.47	44.43%
2019-12-31	6.56	76.82%
2018-12-31	3.71
2017-12-31	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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Planet13 (PLTH.CN) - P/B ratio