Garrett Motion (GTX)

P/B ratio as of November 2024 : -2.29

According to Garrett Motion's latest financial reports the company has a price-to-book ratio of 0.498371.
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.

Garrett Motion - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	-3.19	-25.09%
2022-12-31	-4.26	281.41%
2021-12-31	-1.12	551.28%
2020-12-31	-0.1714	-51.09%
2019-12-31	-0.3505	-3.43%
2018-12-31	-0.3629
2017-12-31	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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Garrett Motion (GTX) - P/B ratio