Hagar hf. (HAGA.IC)

P/B ratio as of September 2024 : 3.03

According to Hagar hf.'s latest financial reports the company has a price-to-book ratio of 3.03.
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.

Hagar hf. - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.55	18.69%
2022-12-31	2.99	3.92%
2021-12-31	2.87	-2.53%
2020-12-31	2.95	34.12%
2019-12-31	2.20	-5.45%
2018-12-31	2.33	4.19%
2017-12-31	2.23	-41.54%
2016-12-31	3.82	10.76%
2015-12-31	3.45	2.88%
2014-12-31	3.35	-21.98%
2013-12-31	4.29	29.09%
2012-12-31	3.33	-0.92%
2011-12-31	3.36

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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Hagar hf. (HAGA.IC) - P/B ratio