Appian (APPN) - P/B ratio

P/B ratio as of September 2024 : -53.0

According to Appian's latest financial reports the company has a price-to-book ratio of -53.0.
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.

Appian - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	52.7	224.99%
2022-12-31	16.2	-18.3%
2021-12-31	19.8	-48.16%
2020-12-31	38.3	204.76%
2019-12-31	12.6	-46.15%
2018-12-31	23.3	-44.06%
2017-12-31	41.7
2016-12-31	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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