Netwealth
NWL.AX
$12.61
Share price
-1.11%
Change (1 day)
43.62%
Change (1 year)
Categories
Netwealth (NWL.AX) - P/B ratio
P/B ratio as of April 2024 : 38.3
According to Netwealth's latest financial reports the company has a price-to-book ratio of 38.3.
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.
Netwealth - P/B ratio (from 2020 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 31.4 | 12.42% |
| 2022-12-31 | 28.0 | -68.69% |
| 2021-12-31 | 89.3 | -19.91% |
| 2020-12-31 | 112 | |
| 2019-12-31 | N/A | |
| 2018-12-31 | N/A |