TPI Composites
TPIC
$1.05
Share price
-8.16%
Change (1 day)
-72.73%
Change (1 year)
Categories
TPI Composites (TPIC) - P/B ratio
P/B ratio as of March 2025 : -0.0997
According to TPI Composites's latest financial reports the company has a price-to-book ratio of 0.0278568.
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.
TPI Composites - P/B ratio (from 2016 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | -0.2880 | -81.69% |
| 2023-12-31 | -1.57 | -233.26% |
| 2022-12-31 | 1.18 | -20.62% |
| 2021-12-31 | 1.49 | -84.51% |
| 2020-12-31 | 9.60 | 202.27% |
| 2019-12-31 | 3.18 | -17.68% |
| 2018-12-31 | 3.86 | 22.27% |
| 2017-12-31 | 3.15 | -37.9% |
| 2016-12-31 | 5.08 | |
| 2015-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | P/B ratio differencediff. | Country |
|---|---|---|---|
 | 2.92 | -3,026.56% | 🇩🇪 Germany |