Resona Holdings (8308.T)

P/B ratio as of November 2024 : 0.9765

According to Resona Holdings 's latest financial reports the company has a price-to-book ratio of 3.41971.
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.

Resona Holdings - P/B ratio (from 2008 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.6337	-8.78%
2022-12-31	0.6947	63.83%
2021-12-31	0.4240	27.79%
2020-12-31	0.3318	-26.58%
2019-12-31	0.4520	-14.41%
2018-12-31	0.5281	-24.92%
2017-12-31	0.7033	-5.44%
2016-12-31	0.7438	0.52%
2015-12-31	0.7400	8.93%
2014-12-31	0.6793	28.73%
2013-12-31	0.5277	12.37%
2012-12-31	0.4696	-3.77%
2011-12-31	0.4880	66.8%
2010-12-31	0.2926	-39.25%
2009-12-31	0.4816	-23.95%
2008-12-31	0.6333

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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Resona Holdings (8308.T) - P/B ratio