AXIL Brands (AXIL)

P/B ratio as of September 2024 : 3.70

According to AXIL Brands's latest financial reports the company has a price-to-book ratio of 3.70.
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.

AXIL Brands - 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	6.34	1.82%
2022-12-31	6.22	-51.75%
2021-12-31	12.9	45.86%
2020-12-31	8.84	-76.6%
2019-12-31	37.8	-37.41%
2018-12-31	60.4
2017-12-31	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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AXIL Brands (AXIL) - P/B ratio