Adgar Investments and Development (ADGR.TA)

P/B ratio as of November 2024 : 0.5745

According to Adgar Investments and Development's latest financial reports the company has a price-to-book ratio of 2.30555.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Adgar Investments and Development - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.5704	-8.93%
2022-12-31	0.6263	-35.5%
2021-12-31	0.9710	25.82%
2020-12-31	0.7717	-22.19%
2019-12-31	0.9919	54.43%
2018-12-31	0.6423	-23.03%
2017-12-31	0.8345
2016-12-31	N/A
2015-12-31	N/A
2014-12-31	N/A
2013-12-31	N/A

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Adgar Investments and Development (ADGR.TA) - P/B ratio