Canaan (CAN) - P/B ratio

P/B ratio as of December 2024 : 2.12

According to Canaan's latest financial reports the company has a price-to-book ratio of 2.9126.
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.

Canaan - P/B ratio (from 2023 to 2022)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	2.52	121.73%
2023-12-31	1.13	-71.75%
2022-12-31	4.02	-61.3%
2021-12-31	10.4	-88.76%
2020-12-31	92.4	37.01%
2019-12-31	67.4
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
NVIDIA NVDA	50.1	2,263.68%	🇺🇸 USA

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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