KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity, location-based, device solutions, and managed and professional services that are used in the development and support of IoT technology for the Machine-to-Machine market. The company provides Connectivity-as-a-Service; IoT solutions and analytics to fleet tracking companies; and asset monitoring, communications, and industrial IoT services. It serves customers operating in a range of sectors, including healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing. The company was founded in 2002 and is headquartered in Alpharetta, Georgia.
P/B ratio for KORE Group Holdings, Inc. (KORE)
P/B ratio as of 2023: 2.22
According to KORE Group Holdings, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.22. At the end of 2022 the company had a P/B ratio of 0.53.
P/B ratio history for KORE Group Holdings, Inc. from 2019 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.22 |
| 2022 | 0.53 |
| 2021 | 1.04 |
| 2020 | 3.20 |
| 2019 | 0.20 |