UNITI (UNIT) - P/B ratio

P/B ratio as of September 2024 : -0.5187

According to UNITI's latest financial reports the company has a price-to-book ratio of -0.5187.
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.

UNITI - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	-0.5553	-3.84%
2022-12-31	-0.5775	-63.09%
2021-12-31	-1.56	18.77%
2020-12-31	-1.32	23.86%
2019-12-31	-1.06	-46.77%
2018-12-31	-2.00	-28.07%
2017-12-31	-2.78	-7.23%
2016-12-31	-2.99	16.77%
2015-12-31	-2.56

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
American Tower AMT	10.4	-2,110.83%	🇺🇸 USA
Crown Castle CCI	8.84	-1,803.81%	🇺🇸 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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