Norwegian Air Shuttle (NAS.OL)

P/B ratio as of November 2024 : 1.38

According to Norwegian Air Shuttle 's latest financial reports the company has a price-to-book ratio of 0.304832.
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.

Norwegian Air Shuttle - 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	1.79	10.37%
2022-12-31	1.62	-46.95%
2021-12-31	3.05	-685.15%
2020-12-31	-0.5217	-134.85%
2019-12-31	1.50	-67.63%
2018-12-31	4.62	54.98%
2017-12-31	2.98	17.11%
2016-12-31	2.55	-34.74%
2015-12-31	3.90	-15.26%
2014-12-31	4.61	91.42%
2013-12-31	2.41	15.13%
2012-12-31	2.09	111.86%
2011-12-31	0.9866	-56.38%
2010-12-31	2.26	-7.91%
2009-12-31	2.46

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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Norwegian Air Shuttle (NAS.OL) - P/B ratio