Hannover Rück (HNR1.DE)

P/B ratio as of November 2024 : 2.53

According to Hannover Rück 's latest financial reports the company has a price-to-book ratio of 1.21033.
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.

Hannover Rück - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.59	16.06%
2022-12-31	2.24	22.51%
2021-12-31	1.82	37.46%
2020-12-31	1.33	-27.47%
2019-12-31	1.83	23.02%
2018-12-31	1.49	9.72%
2017-12-31	1.36	5.95%
2016-12-31	1.28	-11.84%
2015-12-31	1.45	32.5%
2014-12-31	1.10	-4.91%
2013-12-31	1.15	8.78%
2012-12-31	1.06	28.69%
2011-12-31	0.8229	-12.97%
2010-12-31	0.9456	2.03%
2009-12-31	0.9267

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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Hannover Rück (HNR1.DE) - P/B ratio