Tsuruha Holdings (3391.T)

P/B ratio as of September 2024 : 1.52

According to Tsuruha Holdings's latest financial reports the company has a price-to-book ratio of 1.52.
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.

Tsuruha 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	2.14	24.63%
2022-12-31	1.72	-7.05%
2021-12-31	1.85	-30.38%
2020-12-31	2.65	-7.09%
2019-12-31	2.85	30.68%
2018-12-31	2.18	-43.39%
2017-12-31	3.86	23.4%
2016-12-31	3.13	-9.3%
2015-12-31	3.45	25.17%
2014-12-31	2.75	35.17%
2013-12-31	2.04	26.75%
2012-12-31	1.61	30.09%
2011-12-31	1.24	-0.67%
2010-12-31	1.24	21.58%
2009-12-31	1.02	-19.69%
2008-12-31	1.27

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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Tsuruha Holdings (3391.T) - P/B ratio