Develop Global Limited (DVP.AX)

P/B ratio as of December 2024 : 1.55

According to Develop Global Limited's latest financial reports the company has a price-to-book ratio of 8.07101.
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.

Develop Global Limited - P/B ratio (from 2008 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	1.76	-50.24%
2023-12-31	3.53	-1.91%
2022-12-31	3.60	-75.48%
2021-12-31	14.7	523.09%
2020-12-31	2.36	89.47%
2019-12-31	1.24	-40.72%
2018-12-31	2.10	-30.87%
2017-12-31	3.03	94.11%
2016-12-31	1.56	180.05%
2015-12-31	0.5583	383.71%
2014-12-31	0.1154	-53.14%
2013-12-31	0.2463	-55.49%
2012-12-31	0.5533	-59.44%
2011-12-31	1.36	-59.62%
2010-12-31	3.38	-71.2%
2009-12-31	11.7	6849.3%
2008-12-31	0.1688

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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Develop Global Limited (DVP.AX) - P/B ratio