Despegar (DESP) - P/B ratio

P/B ratio as of September 2024 : -12.2

According to Despegar's latest financial reports the company has a price-to-book ratio of -12.2.
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.

Despegar - 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	-4.97	85.85%
2022-12-31	-2.67	-88.66%
2021-12-31	-23.6	-352.76%
2020-12-31	9.32	92.81%
2019-12-31	4.83	39.28%
2018-12-31	3.47	-60.16%
2017-12-31	8.71
2016-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Yatra YTRA	1.05	-108.60%	🇮🇳 India

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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