JOYY Inc., together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video and audio-based social platforms. The company operates Bigo Live, a live streaming platform that allows users to live stream specific moments, such as showcase talents, socialize, and connect with other users worldwide; Likee, a short-form video social platform that focuses on enabling users to create short-form video; Hago, a casual game-oriented social platform; and imo, a chat and instant messaging application with functions, including video calls and other communication tools, such as group calls, document sharing, etc.. It operates in the People's Republic of China, the United States, the Great Britain, Japan, South Korea, Australia, the Middle East, and Southeast Asia and others. The company was formerly known as YY Inc. and changed its name to JOYY Inc. in December 2019. JOYY Inc. was founded in 2005 and is headquartered in Singapore.
P/B ratio for JOYY Inc. (YY)
P/B ratio as of 2023: 0.50
According to JOYY Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.50. At the end of 2022 the company had a P/B ratio of 0.44.
P/B ratio history for JOYY Inc. from 2009 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.50 |
| 2022 | 0.44 |
| 2021 | 0.64 |
| 2020 | 1.03 |
| 2019 | 0.82 |
| 2018 | 1.42 |
| 2017 | 4.43 |
| 2016 | 3.06 |
| 2015 | 7.04 |
| 2014 | 7.22 |
| 2013 | 9.06 |
| 2012 | 2.03 |
| 2011 | 5.18 |
| 2010 | -1.44 |
| 2009 | 0.00 |