Viomi Technology (VIOT)

P/B ratio as of September 2024 : 0.5174

According to Viomi Technology's latest financial reports the company has a price-to-book ratio of 0.5174.
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.

Viomi Technology - P/B ratio (from 2018 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.3614	0.97%
2022-12-31	0.3579	-45.01%
2021-12-31	0.6509	-58.05%
2020-12-31	1.55	-46.05%
2019-12-31	2.88	-17.09%
2018-12-31	3.47
2017-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Viomi Technology VIOT	0.5174	0.00%	🇨🇳 China
Thermon Group THR	2.13	311.75%	🇺🇸 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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Viomi Technology (VIOT) - P/B ratio