POET Technologies (POET)

P/B ratio as of November 2024 : 11.5

According to POET Technologies's latest financial reports the company has a price-to-book ratio of 2453.87.
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.

POET Technologies - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	8.08	-19.01%
2022-12-31	9.98	-3.29%
2021-12-31	10.3	-67.87%
2020-12-31	32.1	638.43%
2019-12-31	4.35	60.62%
2018-12-31	2.71	40.41%
2017-12-31	1.93	-1.97%
2016-12-31	1.97	-78.86%
2015-12-31	9.30	-44.94%
2014-12-31	16.9	12.18%
2013-12-31	15.1	-66.96%
2012-12-31	45.6	362.47%
2011-12-31	9.86	399.09%
2010-12-31	1.98	110.51%
2009-12-31	0.9382
2008-12-31	N/A
2007-12-31	N/A
2006-12-31	N/A
2005-12-31	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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POET Technologies (POET) - P/B ratio