Sonim Technologies (SONM)

P/B ratio as of November 2024 : 0.9186

According to Sonim Technologies 's latest financial reports the company has a price-to-book ratio of 0.231675.
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.

Sonim Technologies - 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	1.41	63.5%
2022-12-31	0.8654	8.87%
2021-12-31	0.7950	-52.85%
2020-12-31	1.69	-41.99%
2019-12-31	2.91
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
QUALCOMM QCOM	6.57	615.60%	🇺🇸 USA
Qorvo QRVO	1.88	104.79%	🇺🇸 USA
EchoStar SATS	0.3435	-62.61%	🇺🇸 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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Sonim Technologies (SONM) - P/B ratio