Rekor Systems (REKR)

P/B ratio as of October 2024 : 2.18

According to Rekor Systems's latest financial reports the company has a price-to-book ratio of 2.18.
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.

Rekor Systems - 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	6.90	422%
2022-12-31	1.32	-53.61%
2021-12-31	2.85	-65.88%
2020-12-31	8.35	-132.71%
2019-12-31	-25.5	-1880.73%
2018-12-31	1.43	-77.7%
2017-12-31	6.43
2016-12-31	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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Rekor Systems (REKR) - P/B ratio