Meituan (3690.HK) - P/B ratio

P/B ratio as of September 2024 : 4.32

According to Meituan's latest financial reports the company has a price-to-book ratio of 4.32.
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.

Meituan - P/B ratio (from 2018 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	3.06	-58.81%
2022-12-31	7.43	-17.4%
2021-12-31	9.00	-39.62%
2020-12-31	14.9	158.48%
2019-12-31	5.77	135.66%
2018-12-31	2.45
2017-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Alibaba BABA	1.35	-68.69%	🇨🇳 China
Jingdong Mall JD	1.02	-76.35%	🇨🇳 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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