Grom Social Enterprises (GROM)

P/B ratio as of November 2024 : 0.0004

According to Grom Social Enterprises's latest financial reports the company has a price-to-book ratio of 0.00169959.
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.

Grom Social Enterprises - 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	0.1808	9.81%
2022-12-31	0.1646	-81.04%
2021-12-31	0.8682	-28.19%
2020-12-31	1.21	-35.92%
2019-12-31	1.89	-62.63%
2018-12-31	5.05	-1.15%
2017-12-31	5.11
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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Grom Social Enterprises (GROM) - P/B ratio