Redfin (RDFN) - P/B ratio

P/B ratio as of November 2024 : -91.7

According to Redfin's latest financial reports the company has a price-to-book ratio of 1.16129.
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.

Redfin - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	27.8	527.3%
2022-12-31	4.44	-61.66%
2021-12-31	11.6	-2.64%
2020-12-31	11.9	100.51%
2019-12-31	5.93	69.95%
2018-12-31	3.49	-67.78%
2017-12-31	10.8
2016-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Redfin RDFN	-91.7	0.00%	🇺🇸 USA

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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