LexinFintech Holdings (LX)

P/B ratio as of September 2024 : 0.1953

According to LexinFintech Holdings 's latest financial reports the company has a price-to-book ratio of 0.1953.
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.

LexinFintech Holdings - 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	0.2184	-21.84%
2022-12-31	0.2794	-49.9%
2021-12-31	0.5577	-60.97%
2020-12-31	1.43	-45.92%
2019-12-31	2.64	23.92%
2018-12-31	2.13	-75.52%
2017-12-31	8.71
2016-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
360 DigiTech QFIN	1.26	546.26%	🇨🇳 China
Rocket Companies RKT	4.60	2,257.09%	🇺🇸 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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LexinFintech Holdings (LX) - P/B ratio