Dada Nexus Limited operates a platform of local on-demand retail and delivery in the People's Republic of China. It operates Dada Now, a local on-demand delivery platform that provides intra-city delivery and last-mile delivery services on an on-demand basis to chain merchants, small- and medium-sized enterprise merchants, and individual senders; and JDDJ, a local on-demand retail platform for consumers, retailers, and brand owner. The company was incorporated in 2014 and is headquartered in Shanghai, the People's Republic of China.
P/B ratio for Dada Nexus Limited (DADA)
P/B ratio as of 2023: 4.41
According to Dada Nexus Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 4.41. At the end of 2022 the company had a P/B ratio of 6.97.
P/B ratio history for Dada Nexus Limited from 2017 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 4.41 |
| 2022 | 6.97 |
| 2021 | 20.97 |
| 2020 | 22.63 |
| 2019 | -12.50 |
| 2018 | -18.59 |
| 2017 | -37.37 |