RingCentral
RNG
$29.62
Share price
-4.91%
Change (1 day)
5.94%
Change (1 year)
Categories
RingCentral, Inc. is an American company that provides cloud-based communications and collaboration solutions for businesses.
RingCentral (RNG) - P/B ratio
P/B ratio as of May 2024 : -5.44
According to RingCentral
's latest financial reports the company has a price-to-book ratio of -5.44.
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.
RingCentral - P/B ratio (from 2013 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 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 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 11.4 | -310.08% | 🇺🇸 USA |
 Amazon AMZN | 9.02 | -265.74% | 🇺🇸 USA |
 AT&T T | 1.01 | -118.64% | 🇺🇸 USA |
 Cisco CSCO | 4.11 | -175.59% | 🇺🇸 USA |
 Akamai
AKAM | 3.36 | -161.82% | 🇺🇸 USA |
 8x8
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