WiseTech Global (WTC.AX)

P/B ratio as of December 2024 : 17.4

According to WiseTech Global 's latest financial reports the company has a price-to-book ratio of 47.6537.
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.

WiseTech Global - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	17.6	28.88%
2023-12-31	13.7	9.52%
2022-12-31	12.5	-25.25%
2021-12-31	16.7	75.49%
2020-12-31	9.50	6.08%
2019-12-31	8.96	-31.38%
2018-12-31	13.1	-27.87%
2017-12-31	18.1	134.2%
2016-12-31	7.73
2015-12-31	N/A

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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WiseTech Global (WTC.AX) - P/B ratio