OFX Group (OFX.AX)

P/B ratio as of October 2024 : 3.32

According to OFX Group's latest financial reports the company has a price-to-book ratio of 2.45304.
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.

OFX Group - 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	2.56	-49.66%
2022-12-31	5.08	-22.61%
2021-12-31	6.57	33.51%
2020-12-31	4.92	5.01%
2019-12-31	4.69	-24.16%
2018-12-31	6.18	2.17%
2017-12-31	6.05	-16.35%
2016-12-31	7.23	-54.01%
2015-12-31	15.7

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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OFX Group (OFX.AX) - P/B ratio