TROOPS, Inc., together with its subsidiaries, engages in the money lending business in Hong Kong and Australia. The company provides mortgage, personal, and corporate loans. It also develops, operates, and manages an online financial marketplace that connects financial institutions and users through its mobile application, which offers financial technology solutions, including application programming interface (API) services. In addition, the company provides SaaS and app development, project-based and API consulting, and maintenance and support services. Further, it invests in real properties; and offers property leasing and management services. The company was formerly known as SGOCO Group, Ltd. and changed its name to TROOPS, Inc. in November 2021. TROOPS, Inc. was founded in 2005 and is headquartered in Tsuen Wan, Hong Kong.
P/B ratio for TROOPS, Inc. (TROO)
P/B ratio as of 2023: 5.01
According to TROOPS, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 5.01. At the end of 2022 the company had a P/B ratio of 3.56.
P/B ratio history for TROOPS, Inc. from 2007 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 5.01 |
| 2022 | 3.56 |
| 2021 | 7.98 |
| 2020 | 2.01 |
| 2019 | 0.62 |
| 2018 | 0.22 |
| 2017 | 0.16 |
| 2016 | 0.32 |
| 2015 | 0.09 |
| 2014 | 0.13 |
| 2013 | 0.66 |
| 2012 | 0.25 |
| 2011 | 0.28 |
| 2010 | 0.78 |
| 2009 | 1.37 |
| 2008 | 1.06 |
| 2007 | 2470.58 |