Xero
XRO.AX
#1104
Rank
โ‚น1.435 T
Marketcap
โ‚น9,290
Share price
-1.19%
Change (1 day)
70.25%
Change (1 year)

Xero (XRO.AX) - P/B ratio

P/B ratio as of November 2024 : 20.4

According to Xero's latest financial reports the company has a price-to-book ratio of 19.3381.
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
2024-12-31N/A-100%
2023-12-3117.776.1%
2022-12-3110.0-65.65%
2021-12-3129.2-53.93%
2020-12-3163.592.85%
2019-12-3132.928.2%
2018-12-3125.731.2%
2017-12-3119.6125.01%
2016-12-318.7022.77%
2015-12-317.08-4.63%
2014-12-317.43-79.7%
2013-12-3136.6