AlzChem Group (ACT.DE)

P/B ratio as of September 2024 : 2.39

According to AlzChem Group's latest financial reports the company has a price-to-book ratio of 2.39.
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.

AlzChem Group - P/B ratio (from 2010 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.59	43.67%
2022-12-31	1.10	-57.76%
2021-12-31	2.61	-16.01%
2020-12-31	3.11	-10.64%
2019-12-31	3.48	3.58%
2018-12-31	3.36	-34.79%
2017-12-31	5.16
2011-12-31	N/A	-100%
2010-12-31	64.9

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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AlzChem Group (ACT.DE) - P/B ratio