Titan Cement International (TITC.BR)

P/B ratio as of September 2024 : 1.56

According to Titan Cement International's latest financial reports the company has a price-to-book ratio of 1.56.
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.

Titan Cement International - P/B ratio (from 2019 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	1.00	58.83%
2022-12-31	0.6303	-17.26%
2021-12-31	0.7618	-8.89%
2020-12-31	0.8361	-20.07%
2019-12-31	1.05

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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Titan Cement International (TITC.BR) - P/B ratio