Purple Innovation (PRPL)

P/B ratio as of October 2024 : 1.47

According to Purple Innovation 's latest financial reports the company has a price-to-book ratio of 1.47.
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.

Purple Innovation - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.9404	-62.55%
2022-12-31	2.51	-58.28%
2021-12-31	6.02	-80.85%
2020-12-31	31.4	-284.37%
2019-12-31	-17.0	-89.18%
2018-12-31	-158	1264.91%
2017-12-31	-11.5	-993.51%
2016-12-31	1.29	2.07%
2015-12-31	1.27

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Purple Innovation PRPL	1.47	0.00%	🇺🇸 USA
Restoration Hardware RH	-25.1	-1,807.75%	🇺🇸 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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Purple Innovation (PRPL) - P/B ratio