Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. It is also involved in the ground and flight testing, and post-flight maintenance of its spaceflight system vehicles. The company serves private individuals, researchers, and government agencies. Virgin Galactic Holdings, Inc. was founded in 2017 is headquartered in Las Cruces, New Mexico. Virgin Galactic Holdings, Inc. was a former subsidiary of Virgin Orbit Holdings, Inc.
P/B ratio for Virgin Galactic Holdings, Inc. (SPCE)
P/B ratio as of 2023: 1.63
According to Virgin Galactic Holdings, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.63. At the end of 2022 the company had a P/B ratio of 1.91.
P/B ratio history for Virgin Galactic Holdings, Inc. from 2017 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.63 |
| 2022 | 1.91 |
| 2021 | 3.70 |
| 2020 | 7.85 |
| 2019 | 4.79 |
| 2018 | 2.85 |
| 2017 | 2.92 |