Sunnova (NOVA) - P/B ratio

P/B ratio as of September 2024 : 0.5135

According to Sunnova's latest financial reports the company has a price-to-book ratio of 0.5135.
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.

Sunnova - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.8769	-20.03%
2022-12-31	1.10	-43.27%
2021-12-31	1.93	-44.08%
2020-12-31	3.46	201.76%
2019-12-31	1.15
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Photronics PLAB	1.04	102.42%	🇺🇸 USA
Power Integrations POWI	4.65	805.80%	🇺🇸 USA
PDF Solutions PDFS	4.99	872.42%	🇺🇸 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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