Wrap Technologies (WRAP)

P/B ratio as of October 2024 : 15.3

According to Wrap Technologies 's latest financial reports the company has a price-to-book ratio of 15.3.
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.

Wrap Technologies - 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	43.3	1586.89%
2022-12-31	2.57	-33.85%
2021-12-31	3.88	0.28%
2020-12-31	3.87	-60.79%
2019-12-31	9.88	41.96%
2018-12-31	6.96
2017-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
VIAVI Solutions VIAV	2.93	-80.88%	🇺🇸 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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Wrap Technologies (WRAP) - P/B ratio