DraftKings (DKNG) - P/B ratio

P/B ratio as of November 2024 : 15.7

According to DraftKings's latest financial reports the company has a price-to-book ratio of 4.72972.
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.

DraftKings - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	19.6	406.02%
2022-12-31	3.87	-41.9%
2021-12-31	6.65	-4.01%
2020-12-31	6.93	-180.29%
2019-12-31	-8.63

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Super Group SGHC	4.22	-73.05%	Guernsey

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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