Audinate Group (AD8.AX)

P/B ratio as of September 2024 : 8.73

According to Audinate Group's latest financial reports the company has a price-to-book ratio of 8.73.
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.

Audinate Group - P/B ratio (from 2018 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	14.2	87.57%
2022-12-31	7.57	-9.56%
2021-12-31	8.37	-49.44%
2020-12-31	16.6	26.42%
2019-12-31	13.1	32.95%
2018-12-31	9.85

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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Audinate Group (AD8.AX) - P/B ratio