3P Learning (3PL.AX)

P/B ratio as of September 2024 : 1.85

According to 3P Learning's latest financial reports the company has a price-to-book ratio of 1.85.
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.

3P Learning - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.97	8.1%
2022-12-31	1.82	-24.22%
2021-12-31	2.41	-69.51%
2020-12-31	7.90	61.06%
2019-12-31	4.90	-41.44%
2018-12-31	8.37	37.13%
2017-12-31	6.11	71.19%
2016-12-31	3.57	-54.62%
2015-12-31	7.86

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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3P Learning (3PL.AX) - P/B ratio