HyreCar (HYRE) - P/B ratio

P/B ratio as of November 2024 : 0.2642

According to HyreCar's latest financial reports the company has a price-to-book ratio of 0.0141058.
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.

HyreCar - P/B ratio (from 2018 to 2022)

P/B ratio by year

Year	P/B ratio	Change
2022-12-31	6.06	-66.42%
2021-12-31	18.0	-164.27%
2020-12-31	-28.1	-544.89%
2019-12-31	6.31	20.66%
2018-12-31	5.23
2017-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
HyreCar HYRE	0.2642	0.00%	🇺🇸 USA
Hertz HTZ	0.6305	138.59%	🇺🇸 USA

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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