Xero (XRO.AX) - P/B ratio

P/B ratio as of September 2024 : 18.1

According to Xero's latest financial reports the company has a price-to-book ratio of 18.1.
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.

Xero - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	17.7	76.41%
2022-12-31	10.1	-65.68%
2021-12-31	29.3	-54.44%
2020-12-31	64.3	94.6%
2019-12-31	33.0	28.67%
2018-12-31	25.7	30.78%
2017-12-31	19.6	125.97%
2016-12-31	8.69	22.5%
2015-12-31	7.09	-4.81%
2014-12-31	7.45	-79.63%
2013-12-31	36.6

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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