Snap (SNAP) - P/B ratio

P/B ratio as of November 2024 : 9.11

According to Snap's latest financial reports the company has a price-to-book ratio of 3.89966.
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.

Snap - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	11.5	106.39%
2022-12-31	5.59	-71.99%
2021-12-31	20.0	-37.61%
2020-12-31	32.0	212.98%
2019-12-31	10.2	225.62%
2018-12-31	3.14	-46.56%
2017-12-31	5.88
2016-12-31	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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