Varex Imaging (VREX)

P/B ratio as of November 2024 : 1.14

According to Varex Imaging 's latest financial reports the company has a price-to-book ratio of 0.814893.
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.

Varex Imaging - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.43	-8.06%
2022-12-31	1.55	-37.17%
2021-12-31	2.47	75.35%
2020-12-31	1.41	-43.37%
2019-12-31	2.48	21.13%
2018-12-31	2.05	-44.7%
2017-12-31	3.71
2016-12-31	N/A
2015-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
ViewRay VRAY	0.0830	-92.72%	🇺🇸 USA
Varex Imaging VREX	1.14	0.00%	🇺🇸 USA
Nano-X Imaging NNOX	2.06	80.51%	🇮🇱 Israel

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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Varex Imaging (VREX) - P/B ratio