The Shyft Group (SHYF) - P/B ratio

P/B ratio as of November 2024 : 1.87

According to The Shyft Group's latest financial reports the company has a price-to-book ratio of 0.59976.
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.

The Shyft Group - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.66	-48.79%
2022-12-31	3.24	-50.24%
2021-12-31	6.52	30.11%
2020-12-31	5.01	34.69%
2019-12-31	3.72	171.11%
2018-12-31	1.37	-58.23%
2017-12-31	3.29	57.92%
2016-12-31	2.08	189.87%
2015-12-31	0.7178	-32.51%
2014-12-31	1.06	-20.4%
2013-12-31	1.34	43.33%
2012-12-31	0.9321	5.52%
2011-12-31	0.8834	-20.09%
2010-12-31	1.11	7.76%
2009-12-31	1.03	13.23%
2008-12-31	0.9060	-52.64%
2007-12-31	1.91	-38.41%
2006-12-31	3.11	73.42%
2005-12-31	1.79	-19.13%
2004-12-31	2.21	8.45%
2003-12-31	2.04	-15.79%
2002-12-31	2.43

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
The Shyft Group SHYF	1.87	0.00%	🇺🇸 USA
Nikola NKLA	0.3226	-82.73%	🇺🇸 USA
NIO NIO	3.52	88.54%	🇨🇳 China

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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