Offcn Education (002607.SZ)

P/B ratio as of November 2024 : 29.0

According to Offcn Education 's latest financial reports the company has a price-to-book ratio of 7.78739.
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.

Offcn Education - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	44.2	22.04%
2022-12-31	36.2	41.09%
2021-12-31	25.7	-49.36%
2020-12-31	50.7	57.71%
2019-12-31	32.1	1524.7%
2018-12-31	1.98	-39.16%
2017-12-31	3.25	26.68%
2016-12-31	2.57	-60.93%
2015-12-31	6.57	144.89%
2014-12-31	2.68	47.73%
2013-12-31	1.82	4.27%
2012-12-31	1.74	-43.78%
2011-12-31	3.10
2010-12-31	N/A

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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Offcn Education (002607.SZ) - P/B ratio