Price to Book is defined as:
Price/Book = Market Cap / Common Equity
Applying this formula, CommScope’s Price/Book is calculated below:
Market Capitalization [ $1.271 B ]
(/) Common Equity [ -$3.456 B ]
(=) Price/Book [ −0.4x ]
Price / Book (P/B) also known as the price-to-book ratio, or P/B ratio, is a financial ratio that compares a company’s current market cap to its book value. It is the inverse of Book to Market and the same as Market Cap / Book Value.
The tables below summarizes the trend in CommScope’s price/book over the last five years:
| Date |
Market Cap |
Book Value |
Price/Book |
| 2020-12-31 |
3.719 B |
355 M |
10.5 |
| 2021-12-31 |
4.239 B |
-156.6 M |
−27.1 |
| 2022-12-31 |
4.401 B |
-1.546 B |
−2.8 |
| 2023-12-31 |
726.4 M |
-3.025 B |
−0.2 |
| 2024-12-31 |
1.271 B |
-3.456 B |
−0.4 |
Click the link below to download a spreadsheet with an example Debt / Total Equity calculation for Commscope Hlding below: