Wix.com Ltd., together with its subsidiaries, develops and markets a cloud-based platform that enables anyone to create a website or web application in North America, Europe, Latin America, Asia, and internationally. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; Wix ADI that enables users to create a website for their specific needs; and Corvid by Wix to create websites and web applications. It also provides Ascend by Wix, which offers its users access to a suite of approximately 20 products or features enabling them to connect with their customers, automate their work, and grow their business; Wix Logo Maker that allows users to generate a logo using artificial intelligence; Wix Answers, a support infrastructure enabling its users to help their users across various channels; and Wix Payments, a payment platform, which helps its users receive payments from their users through their Wix Website. In addition, the company offers various vertical-specific applications that business owners use to operate various aspects of their business online. Further, it provides a range of complementary services, including App Market that offers its registered users the ability to install and uninstall a range of free and paid web applications; Wix Arena, an online marketplace that brings users seeking help in creating and managing a website, together with Web experts; and Wix App, a native mobile application, which enables users to manage their Websites and Wix operating systems. As of December 31, 2021, the company had approximately 222 million registered users and 6 million premium subscriptions. The company was formerly known as Wixpress Ltd. Wix.com Ltd. was incorporated in 2006 and is headquartered in Tel Aviv, Israel.
P/B ratio for Wix.com Ltd. (WIX)
P/B ratio as of 2023: -128.31
According to Wix.com Ltd.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is -128.31. At the end of 2022 the company had a P/B ratio of -16.93.
P/B ratio history for Wix.com Ltd. from 2010 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | -128.31 |
| 2022 | -16.93 |
| 2021 | 61.73 |
| 2020 | 54.34 |
| 2019 | 29.75 |
| 2018 | 28.49 |
| 2017 | 233.39 |
| 2016 | -837.09 |
| 2015 | -235.62 |
| 2014 | 42.62 |
| 2013 | 5.00 |
| 2012 | -46.53 |
| 2011 | 159.40 |
| 2010 | 0.00 |