HEXO (HEXO) - P/B ratio

P/B ratio as of November 2024 : 0.2967

According to HEXO's latest financial reports the company has a price-to-book ratio of 0.334136.
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.

HEXO - P/B ratio (from 2017 to 2022)

P/B ratio by year

Year	P/B ratio	Change
2022-12-31	0.2247	-21.37%
2021-12-31	0.2857	-73.44%
2020-12-31	1.08	45.42%
2019-12-31	0.7397	-69.77%
2018-12-31	2.45	-75.97%
2017-12-31	10.2
2016-12-31	N/A
2015-12-31	N/A
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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