360 DigiTech (QFIN)

P/B ratio as of September 2024 : 1.32

According to 360 DigiTech's latest financial reports the company has a price-to-book ratio of 1.32.
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.

360 DigiTech - 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	0.8204	-30.64%
2022-12-31	1.18	-20.31%
2021-12-31	1.48	20.21%
2020-12-31	1.23	-11.04%
2019-12-31	1.39	-59.82%
2018-12-31	3.45
2017-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
360 DigiTech QFIN	1.32	0.00%	🇨🇳 China
Rocket Companies RKT	4.33	227.68%	🇺🇸 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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360 DigiTech (QFIN) - P/B ratio