Renren Inc. engages in the software as a service business in the People's Republic of China. The company develops Chime, a software as a service platform that offers customer relationship management, intelligent data exchange webpage service, and team management solutions for real estate professionals. It also provides online and mobile services for the trucking industry in the United States. The company was formerly known as Oak Pacific Interactive and changed its name to Renren Inc. in December 2010. Renren Inc. was founded in 2002 and is based in Beijing, the People's Republic of China.
P/B ratio for Renren Inc. (RENN)
P/B ratio as of 2022: 0.51
According to Renren Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.51. At the end of 2021 the company had a P/B ratio of 2.40.
P/B ratio history for Renren Inc. from 2009 to 2022
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2022 | 0.51 |
| 2021 | 2.40 |
| 2020 | 1.07 |
| 2019 | 0.56 |
| 2018 | 0.76 |
| 2017 | 1.06 |
| 2016 | 0.73 |
| 2015 | 1.34 |
| 2014 | 0.80 |
| 2013 | 0.89 |
| 2012 | 1.20 |
| 2011 | 0.83 |
| 2010 | 3.41 |
| 2009 | -17.81 |