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Redfin Corp
NASDAQ RDFN
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Redfin Corp Price to Book Ratio (P/B) on June 03, 2024: -137.45
Redfin Corp Price to Book Ratio (P/B) is -137.45 on June 03, 2024, a -831.52% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
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Redfin Corp 52-week high Price to Book Ratio (P/B) is 310.69 on February 27, 2024, which is 326.03% above the current Price to Book Ratio (P/B).
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Redfin Corp 52-week low Price to Book Ratio (P/B) is -165.36 on May 13, 2024, which is -20.30% below the current Price to Book Ratio (P/B).
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Redfin Corp average Price to Book Ratio (P/B) for the last 52 weeks is 9.68.
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NASDAQ: RDFN
| CEO | Mr. Glenn Kelman |
| IPO Date | July 28, 2017 |
| Location | United States |
| Headquarters | 1099 Stewart Street, Seattle, WA, United States, 98101 |
| Employees | 4,693 |
| Sector | Real Estate |
| Industry | Real estate services |
Description
Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. The company operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sell of home. It also provides title and settlement services; and originates and sells mortgages. In addition, the company uses digital platforms to connect consumers with rental properties. The company was formerly known as Appliance Computing Inc. and changed its name to Redfin Corporation in May 2006. Redfin Corporation was incorporated in 2002 and is headquartered in Seattle, Washington.
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StockViz Staff
September 20, 2024
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