Renren (RENN) - P/B ratio

P/B ratio as of November 2024 : 0.5503

According to Renren 's latest financial reports the company has a price-to-book ratio of 0.648708.
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.

Renren - P/B ratio (from 2012 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.5503	-9.23%
2022-12-31	0.6062	-76.44%
2021-12-31	2.57	194.55%
2020-12-31	0.8737	311.37%
2019-12-31	0.2124	-64.1%
2018-12-31	0.5916	-40.95%
2017-12-31	1.00	36.88%
2016-12-31	0.7319	-45.62%
2015-12-31	1.35	72.94%
2014-12-31	0.7783	-11.25%
2013-12-31	0.8769	-25.83%
2012-12-31	1.18	-115.88%
2011-12-31	-7.44

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Sohu.com SOHU	0.4049	-26.42%	🇨🇳 China
Baidu BIDU	0.7584	37.82%	🇨🇳 China
Weibo WB	0.6385	16.03%	🇨🇳 China
JOYY YY	0.3878	-29.52%	🇨🇳 China

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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