G-bits Network Technology (603444.SS)

P/B ratio as of December 2024 : 2.92

According to G-bits Network Technology 's latest financial reports the company has a price-to-book ratio of 4.34708.
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.

G-bits Network Technology - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	2.94	-12.42%
2023-12-31	3.35	-29.01%
2022-12-31	4.72	-21.21%
2021-12-31	5.99	-16.86%
2020-12-31	7.21
2019-12-31	N/A
2018-12-31	N/A
2017-12-31	N/A
2016-12-31	N/A
2015-12-31	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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G-bits Network Technology (603444.SS) - P/B ratio