MiX Telematics (MIXT) - P/B ratio

P/B ratio as of December 2024 : 2.99

According to MiX Telematics's latest financial reports the company has a price-to-book ratio of 2.1487.
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.

MiX Telematics - P/B ratio (from 2020 to 2019)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	1.77	27.62%
2022-12-31	1.38	-42.11%
2021-12-31	2.39	11.79%
2020-12-31	2.14	-93.37%
2019-12-31	32.3	-21.44%
2018-12-31	41.1	34.3%
2017-12-31	30.6	61.47%
2016-12-31	18.9	12.34%
2015-12-31	16.9	8.79%
2014-12-31	15.5	-38.2%
2013-12-31	25.1
2012-12-31	N/A
2011-12-31	N/A
2010-12-31	N/A
2009-12-31	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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