SiTime (SITM) - P/B ratio

P/B ratio as of September 2024 : 5.67

According to SiTime's latest financial reports the company has a price-to-book ratio of 5.67.
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.

SiTime - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.87	25.91%
2022-12-31	3.08	-67.65%
2021-12-31	9.51	-44.91%
2020-12-31	17.3	194.06%
2019-12-31	5.87
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Photronics PLAB	1.07	-81.11%	🇺🇸 USA
Power Integrations POWI	4.80	-15.39%	🇺🇸 USA
PDF Solutions PDFS	5.07	-10.50%	🇺🇸 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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