OneConnect (OCFT) - P/B ratio

P/B ratio as of November 2024 : 0.2393

According to OneConnect's latest financial reports the company has a price-to-book ratio of 0.230956.
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.

OneConnect - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.3021	-40.07%
2022-12-31	0.5040	-68.51%
2021-12-31	1.60	-83.13%
2020-12-31	9.49	67.32%
2019-12-31	5.67
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
OneConnect OCFT	0.2393	0.00%	🇨🇳 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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