Remitly Global, Inc.RELYNASDAQ
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PB Ratio: Discounted Valuation
Below historical average, structural decline.
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Price-to-book ratio
Latest
6.60
↓ 55% below average
Average (9y)
14.65
Historical baseline
Range
High:44.68
Low:-17.31
CAGR
-18.2%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 6.60 | -0.5% |
| 2023 | 6.63 | +65.8% |
| 2022 | 4.00 | +53.5% |
| 2021 | 2.61 | -94.2% |
| 2020 | 44.68 | +521.5% |
| 2019 | 7.19 | +141.5% |
| 2017 | -17.31 | -141.2% |
| 2016 | 41.99 | +320.3% |
| 2015 | 9.99 | -75.1% |
| 2014 | 40.10 | - |