Rimini Street (RMNI)

P/B ratio as of November 2024 : -2.26

According to Rimini Street's latest financial reports the company has a price-to-book ratio of 0.407025.
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.

Rimini Street - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	-7.40	69.8%
2022-12-31	-4.36	-32.5%
2021-12-31	-6.46	287.34%
2020-12-31	-1.67	41.67%
2019-12-31	-1.18	-19.78%
2018-12-31	-1.47	-33.43%
2017-12-31	-2.20	-759.97%
2016-12-31	0.3339	9.37%
2015-12-31	0.3052

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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Rimini Street (RMNI) - P/B ratio