Xinjiang Daqo New Energy Co.,Ltd. (688303.SS)

P/B ratio as of March 2026 : 1.25

According to Xinjiang Daqo New Energy Co.,Ltd.'s latest financial reports the company has a price-to-book ratio of 11.347.
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.

Xinjiang Daqo New Energy Co.,Ltd. - P/B ratio (from 2021 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	1.51	17.1%
2024-12-31	1.29	-10.79%
2023-12-31	1.45	-35.41%
2022-12-31	2.24	-69.1%
2021-12-31	7.24
2020-12-31	N/A
2017-12-31	N/A
2016-12-31	N/A
2015-12-31	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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Xinjiang Daqo New Energy Co.,Ltd. (688303.SS) - P/B ratio