Akoustis Technologies (AKTS)

P/B ratio as of December 2024 : -0.0882

According to Akoustis Technologies 's latest financial reports the company has a price-to-book ratio of 0.195545.
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.

Akoustis Technologies - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	-0.0882	-107.84%
2023-12-31	1.12	-45.14%
2022-12-31	2.05	-30.59%
2021-12-31	2.95	-72.89%
2020-12-31	10.9	66.16%
2019-12-31	6.56	61.18%
2018-12-31	4.07	-40.88%
2017-12-31	6.88	-66.19%
2016-12-31	20.3	110.52%
2015-12-31	9.66
2014-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Plug Power PLUG	0.7309	-928.88%	🇺🇸 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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Akoustis Technologies (AKTS) - P/B ratio