VEEM Ltd (VEE.AX) - P/B ratio

P/B ratio as of March 2025 : 1.94

According to VEEM Ltd's latest financial reports the company has a price-to-book ratio of 1.25741.
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.

VEEM Ltd - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	2.92	-11.02%
2023-12-31	3.28	93.81%
2022-12-31	1.69	-49.63%
2021-12-31	3.36	-8.24%
2020-12-31	3.66	79.79%
2019-12-31	2.04	-10.1%
2018-12-31	2.27	-8.45%
2017-12-31	2.48

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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