IDP Education (IEL.AX)

P/B ratio as of December 2024 : 6.24

According to IDP Education's latest financial reports the company has a price-to-book ratio of 3.36464.
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.

IDP Education - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	6.07	-45.28%
2023-12-31	11.1	-32.42%
2022-12-31	16.4	-31.57%
2021-12-31	24.0	52.45%
2020-12-31	15.7	-44.26%
2019-12-31	28.2	20.09%
2018-12-31	23.5	34.14%
2017-12-31	17.5	43.68%
2016-12-31	12.2

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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IDP Education (IEL.AX) - P/B ratio