Otis Worldwide (OTIS)

P/B ratio as of December 2024 : -8.05

According to Otis Worldwide's latest financial reports the company has a price-to-book ratio of 2.709.
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.

Otis Worldwide - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	-8.23	6.12%
2023-12-31	-7.76	10.91%
2022-12-31	-6.99	-43.57%
2021-12-31	-12.4	35.58%
2020-12-31	-9.14
2019-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Otis Worldwide OTIS	-8.05	0.00%	🇺🇸 USA

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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Otis Worldwide (OTIS) - P/B ratio