Virgin Galactic (SPCE)

P/B ratio as of December 2024 : 0.5184

According to Virgin Galactic 's latest financial reports the company has a price-to-book ratio of 20.1478.
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.

Virgin Galactic - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	0.5193	-73.2%
2023-12-31	1.94	-2.63%
2022-12-31	1.99	-48.46%
2021-12-31	3.86	-63.41%
2020-12-31	10.6	59.96%
2019-12-31	6.60	550.03%
2018-12-31	1.01	-2.79%
2017-12-31	1.04

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Astrotech ASTC	0.4114	-20.64%	🇺🇸 USA
Aerojet Rocketdyne AJRD	8.32	1,505.34%	🇺🇸 USA
Virgin Orbit VORB	0.5352	3.26%	🇺🇸 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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Virgin Galactic (SPCE) - P/B ratio