Northern Technologies International (NTIC)

P/B ratio as of September 2024 : 1.64

According to Northern Technologies International's latest financial reports the company has a price-to-book ratio of 1.64.
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.

Northern Technologies International - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.57	-14.79%
2022-12-31	1.84	-9.17%
2021-12-31	2.02	29.62%
2020-12-31	1.56	-25.64%
2019-12-31	2.10	-10.82%
2018-12-31	2.35	9.71%
2017-12-31	2.14	58.65%
2016-12-31	1.35	1.06%
2015-12-31	1.34	-31.41%
2014-12-31	1.95	10.26%
2013-12-31	1.77	48.1%
2012-12-31	1.19	-30.2%
2011-12-31	1.71	-12.54%
2010-12-31	1.96	36.09%
2009-12-31	1.44	38.94%
2008-12-31	1.03	-33.64%
2007-12-31	1.56	-2.05%
2006-12-31	1.59	6.57%
2005-12-31	1.49	-4.93%
2004-12-31	1.57	28.06%
2003-12-31	1.23	11.33%
2002-12-31	1.10

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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Northern Technologies International (NTIC) - P/B ratio