Xero
XRO.AX
$74.98
Share price
-1.96%
Change (1 day)
20.99%
Change (1 year)
Categories
Xero (XRO.AX) - P/B ratio
P/B ratio as of April 2024 : 17.6
According to Xero's latest financial reports the company has a price-to-book ratio of 17.6.
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.
Xero - P/B ratio (from 2013 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 17.7 | 76.1% |
| 2022-12-31 | 10.0 | -65.65% |
| 2021-12-31 | 29.2 | -53.93% |
| 2020-12-31 | 63.5 | 93.61% |
| 2019-12-31 | 32.8 | 27.71% |
| 2018-12-31 | 25.7 | 31.19% |
| 2017-12-31 | 19.6 | 125.01% |
| 2016-12-31 | 8.70 | 22.77% |
| 2015-12-31 | 7.08 | -4.63% |
| 2014-12-31 | 7.43 | -79.71% |
| 2013-12-31 | 36.6 |