Newmark (NMRK) - P/B ratio

P/B ratio as of September 2024 : 2.46

According to Newmark's latest financial reports the company has a price-to-book ratio of 2.46.
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.

Newmark - 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	1.68	40.06%
2022-12-31	1.20	-49.81%
2021-12-31	2.39	65.39%
2020-12-31	1.44	-43.14%
2019-12-31	2.54	87.8%
2018-12-31	1.35	-87.51%
2017-12-31	10.8
2016-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Newmark NMRK	2.46	0.00%	🇺🇸 USA
Marcus & Millichap MMI	2.49	1.04%	🇺🇸 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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