Avax S.A. (AVAX.AT)

P/B ratio as of November 2024 : 1.29

According to Avax S.A.'s latest financial reports the company has a price-to-book ratio of 0.454925.
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.

Avax S.A. - P/B ratio (from 2017 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	1.68	137.36%
2022-12-31	0.7081	-47.2%
2021-12-31	1.34	25.01%
2020-12-31	1.07	72.97%
2019-12-31	0.6202	85.81%
2018-12-31	0.3338	-38.34%
2017-12-31	0.5413

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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Avax S.A. (AVAX.AT) - P/B ratio