UP Fintech (Tiger Brokers) (TIGR)

P/B ratio as of November 2024 : 2.04

According to UP Fintech (Tiger Brokers)'s latest financial reports the company has a price-to-book ratio of 3.38411.
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.

UP Fintech (Tiger Brokers) - 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	1.41	20.2%
2022-12-31	1.17	-34.2%
2021-12-31	1.79	-62.72%
2020-12-31	4.79	102.76%
2019-12-31	2.36
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Oracle ORCL	47.3	2,214.82%	🇺🇸 USA
Microsoft MSFT	10.8	427.51%	🇺🇸 USA
Salesforce CRM	5.67	177.74%	🇺🇸 USA
IBM IBM	8.40	311.46%	🇺🇸 USA
Commvault CVLT	27.5	1,245.46%	🇺🇸 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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UP Fintech (Tiger Brokers) (TIGR) - P/B ratio