Somec S.p.A. (SOM.MI)

P/B ratio as of November 2024 : 4.50

According to Somec S.p.A.'s latest financial reports the company has a price-to-book ratio of 0.254584.
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.

Somec S.p.A. - P/B ratio (from 2018 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	9.37	54.24%
2022-12-31	6.07	34.17%
2021-12-31	4.53	66.1%
2020-12-31	2.72	-23.84%
2019-12-31	3.58	42.5%
2018-12-31	2.51
2017-12-31	N/A

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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Somec S.p.A. (SOM.MI) - P/B ratio