Jumia (JMIA) - P/B ratio

P/B ratio as of September 2024 : 22.6

According to Jumia's latest financial reports the company has a price-to-book ratio of 22.6.
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.

Jumia - P/B ratio (from 2021 to 2021)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	5.17	180.89%
2022-12-31	1.84	-32.46%
2021-12-31	2.72	-74.57%
2020-12-31	10.7	366.62%
2019-12-31	2.30
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Perion Network PERI	0.5265	-97.67%	🇮🇱 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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