Turning Point Brands (TPB)

P/B ratio as of November 2024 : 6.31

According to Turning Point Brands's latest financial reports the company has a price-to-book ratio of 2.71442.
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.

Turning Point Brands - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.05	-9.03%
2022-12-31	3.35	-37.16%
2021-12-31	5.33	-26.52%
2020-12-31	7.26	37.42%
2019-12-31	5.28	-18.02%
2018-12-31	6.44	-15.37%
2017-12-31	7.61	15.38%
2016-12-31	6.60
2015-12-31	N/A
2014-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
RLX Technology RLX	1.31	-79.31%	🇨🇳 China
Turning Point Brands TPB	6.31	0.00%	🇺🇸 USA
Vector Group VGR	-3.31	-152.40%	🇺🇸 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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Turning Point Brands (TPB) - P/B ratio