Mogo Inc. operates as a financial technology company in Canada and internationally. The company provides digital solutions to the consumers to get in control of their financial health. It offers Mogo app to access a digital spending account with Mogo Visa Platinum Prepaid Card; MogoCrypto that enables the buying and selling of bitcoin; MogoProtect, a free ID fraud protection and monthly credit score monitoring; MogoMortgage, a digital mortgage experience; and MogoMoney that provides access to personal loans. The company also offers Mogo Trade, a free stock trading platform with real-time stock quotes and funding; and Mogo Ventures to manage its existing investments in strategic partners and companies. In addition, it operates Carta, a digital payments software platform that enable financial technology companies, banks, and corporations to issue payment products to consumers via multiple channels, including physical, virtual, and tokenized cards, as well as payment switching and routing services. Mogo Inc. was founded in 2003 and is headquartered in Vancouver, Canada.
P/B ratio for Mogo Inc. (MOGO)
P/B ratio as of 2023: 0.64
According to Mogo Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.64. At the end of 2022 the company had a P/B ratio of 1.55.
P/B ratio history for Mogo Inc. from 2012 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.64 |
| 2022 | 1.55 |
| 2021 | 3.00 |
| 2020 | 79.33 |
| 2019 | -2.77 |
| 2018 | -25.86 |
| 2017 | 14.99 |
| 2016 | 39.85 |
| 2015 | 9.54 |
| 2014 | -21.09 |
| 2013 | -8.46 |
| 2012 | -12.62 |