According to RingCentral
's latest financial reports the company has a price-to-book ratio of 1.02972.
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.
Year | P/B ratio | Change |
---|---|---|
2024-12-31 | -5.96 | -5.91% |
2023-12-31 | -6.33 | -10.06% |
2022-12-31 | -7.04 | -113.63% |
2021-12-31 | 51.6 | -52.52% |
2020-12-31 | 109 | 453.19% |
2019-12-31 | 19.7 | -6.52% |
2018-12-31 | 21.0 | 28.31% |
2017-12-31 | 16.4 | 40.65% |
2016-12-31 | 11.7 | -24.35% |
2015-12-31 | 15.4 | 45.36% |
2014-12-31 | 10.6 | -41.12% |
2013-12-31 | 18.0 | |
2012-12-31 | N/A |