Latch (LTCH) - P/B ratio

P/B ratio as of October 2024 : 0.2292

According to Latch's latest financial reports the company has a price-to-book ratio of 0.2292.
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.

Latch - P/B ratio (from 2021 to 2022)

P/B ratio by year

Year	P/B ratio	Change
2022-12-31	0.3003	-89.47%
2021-12-31	2.85
2020-12-31	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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