Rocket Companies (RKT)

P/B ratio as of September 2024 : 4.25

According to Rocket Companies 's latest financial reports the company has a price-to-book ratio of 4.25.
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.

Rocket Companies - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.47	111.19%
2022-12-31	1.64	746.71%
2021-12-31	0.1938	-96.19%
2020-12-31	5.09
2019-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Packaging Corporation of America PKG	4.65	9.41%	🇺🇸 USA
Graphic Packaging GPK	3.21	-24.51%	🇺🇸 USA
International Paper IP	1.98	-53.49%	🇺🇸 USA
Clearwater Paper CLW	0.7647	-82.01%	🇺🇸 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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Rocket Companies (RKT) - P/B ratio