Xero (XRO.AX) - P/B ratio

P/B ratio as of December 2024 : 19.0

According to Xero's latest financial reports the company has a price-to-book ratio of 18.012.
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.

Xero - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	20.0	12.81%
2023-12-31	17.7	76.1%
2022-12-31	10.0	-65.65%
2021-12-31	29.2	-53.93%
2020-12-31	63.5	92.85%
2019-12-31	32.9	28.2%
2018-12-31	25.7	31.2%
2017-12-31	19.6	125.01%
2016-12-31	8.70	22.77%
2015-12-31	7.08	-4.63%
2014-12-31	7.43	-79.7%
2013-12-31	36.6

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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