Ascent Solar Technologies (ASTI) - P/B ratio

P/B ratio as of November 2024 : 0.6399

According to Ascent Solar Technologies's latest financial reports the company has a price-to-book ratio of 9.98652.
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.

Ascent Solar Technologies - P/B ratio (from 2006 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	-1.94	-116.1%
2022-12-31	12.1	-165.06%
2021-12-31	-18.5	1017.5%
2020-12-31	-1.66	9847.12%
2019-12-31	-0.0167	-40.01%
2018-12-31	-0.0278	-94.74%
2017-12-31	-0.5287	1114.56%
2016-12-31	-0.0435	-100.77%
2015-12-31	5.62	121.32%
2014-12-31	2.54	-9.71%
2013-12-31	2.81	204.57%
2012-12-31	0.9238	205.28%
2011-12-31	0.3026	-59%
2010-12-31	0.7382	-18.59%
2009-12-31	0.9067	61.87%
2008-12-31	0.5602	-90.39%
2007-12-31	5.83	321.35%
2006-12-31	1.38

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
First Solar FSLR	2.72	325.59%	🇺🇸 USA
Walmart WMT	7.48	1,069.43%	🇺🇸 USA
Enphase Energy ENPH	8.90	1,290.15%	🇺🇸 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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