Iridium Communications
IRDM
$39.76
Share price
-0.45%
Change (1 day)
-19.40%
Change (1 year)
Categories
Iridium Communications (IRDM) - P/B ratio
P/B ratio as of December 2023 : 5.32
According to Iridium Communications's latest financial reports the company has a price-to-book ratio of 5.32.
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.
Iridium Communications - P/B ratio (from 2008 to 2022)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2022-12-31 | 5.72 | 35.02% |
| 2021-12-31 | 4.24 | 14.76% |
| 2020-12-31 | 3.69 | 66.16% |
| 2019-12-31 | 2.22 | 71.96% |
| 2018-12-31 | 1.29 | 78.49% |
| 2017-12-31 | 0.7241 | 5.84% |
| 2016-12-31 | 0.6842 | 5.09% |
| 2015-12-31 | 0.6511 | -12.4% |
| 2014-12-31 | 0.7432 | 45.66% |
| 2013-12-31 | 0.5103 | -12.95% |
| 2012-12-31 | 0.5862 | -27.17% |
| 2011-12-31 | 0.8048 | -8.97% |
| 2010-12-31 | 0.8842 | -1.61% |
| 2009-12-31 | 0.8987 | -44.36% |
| 2008-12-31 | 1.62 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Boeing BA | -8.59 | -261.34% | 🇺🇸 USA |
 Globalstar
GSAT | 7.29 | 36.85% | 🇺🇸 USA |
 Gogo Inflight Internet
GOGO | 39.3 | 637.42% | 🇺🇸 USA |