Ondas Holdings (ONDS)

P/B ratio as of January 2025 : 6.04

According to Ondas Holdings's latest financial reports the company has a price-to-book ratio of 24.9158.
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.

Ondas Holdings - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	6.69	237.71%
2023-12-31	1.98	69.08%
2022-12-31	1.17	-52.21%
2021-12-31	2.45	-85.07%
2020-12-31	16.4	-157.38%
2019-12-31	-28.6	40.64%
2018-12-31	-20.3
2017-12-31	N/A
2016-12-31	N/A
2015-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Perion Network PERI	0.5807	-90.39%	🇮🇱 Israel

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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Ondas Holdings (ONDS) - P/B ratio