Shift Technologies (SFT) - P/B ratio

P/B ratio as of December 2024 : -0.0221

According to Shift Technologies's latest financial reports the company has a price-to-book ratio of 0.00870946.
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.

Shift Technologies - P/B ratio (from 2020 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	-0.0221	-94.77%
2022-12-31	-0.4234	-111.49%
2021-12-31	3.69	26%
2020-12-31	2.93
2019-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Perion Network PERI	0.5534	-2,599.54%	🇮🇱 Israel

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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