Lyft (LYFT) - P/B ratio

P/B ratio as of September 2024 : 8.89

According to Lyft's latest financial reports the company has a price-to-book ratio of 8.89.
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.

Lyft - 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	10.9	6.3%
2022-12-31	10.2	-5.73%
2021-12-31	10.9	16.64%
2020-12-31	9.31	104.05%
2019-12-31	4.56
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Uber UBER	11.3	26.71%	🇺🇸 USA
DiDi DIDIY	1.21	-86.42%	🇨🇳 China
Grab Holdings GRAB	2.26	-74.58%	🇸🇬 Singapore

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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