Bid Corp (BID.JO) - P/B ratio

P/B ratio as of September 2024 : 3.53

According to Bid Corp's latest financial reports the company has a price-to-book ratio of 3.53.
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.

Bid Corp - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.45	8.6%
2022-12-31	3.18	2.33%
2021-12-31	3.11	19.87%
2020-12-31	2.59	-22.06%
2019-12-31	3.33	32.04%
2018-12-31	2.52	-9.51%
2017-12-31	2.79	-0.76%
2016-12-31	2.81
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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