Yiren Digital (YRD)

P/B ratio as of November 2024 : 0.4122

According to Yiren Digital's latest financial reports the company has a price-to-book ratio of 0.66909.
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.

Yiren Digital - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.2417	80.77%
2022-12-31	0.1337	-58.38%
2021-12-31	0.3213	-33.66%
2020-12-31	0.4843	-39.56%
2019-12-31	0.8013	-106.4%
2018-12-31	-12.5	-317.61%
2017-12-31	5.76	46.33%
2016-12-31	3.93	7.24%
2015-12-31	3.67
2014-12-31	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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Yiren Digital (YRD) - P/B ratio