Remitly
RELY
$18.06
Share price
1.63%
Change (1 day)
8.53%
Change (1 year)
Categories
Remitly (RELY) - P/B ratio
P/B ratio as of April 2024 : 6.42
According to Remitly's latest financial reports the company has a price-to-book ratio of 6.42.
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.
Remitly - P/B ratio (from 2021 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 6.79 | 66.89% |
| 2022-12-31 | 4.07 | -42.22% |
| 2021-12-31 | 7.04 | |
| 2020-12-31 | N/A |