According to Newegg's latest financial reports the company has a price-to-book ratio of 0.00293587.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 3.70 | 16.88% |
2022-12-31 | 3.17 | -84.9% |
2021-12-31 | 21.0 | |
2020-12-31 | N/A |