WiseTech Global (WTC.AX)

P/B ratio as of September 2024 : 23.3

According to WiseTech Global 's latest financial reports the company has a price-to-book ratio of 23.3.
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.

WiseTech Global - P/B ratio (from 2016 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	13.6	9.33%
2022-12-31	12.4	-25.98%
2021-12-31	16.8	76.34%
2020-12-31	9.50	6.08%
2019-12-31	8.96	-31.38%
2018-12-31	13.1	-28.04%
2017-12-31	18.1	134.84%
2016-12-31	7.73
2015-12-31	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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WiseTech Global (WTC.AX) - P/B ratio