Vitec Software Group (VIT-B.ST)

P/B ratio as of December 2024 : 4.06

According to Vitec Software Group's latest financial reports the company has a price-to-book ratio of 6.7079.
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.

Vitec Software Group - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	3.94	-38.94%
2023-12-31	6.45	32.6%
2022-12-31	4.86	-50.44%
2021-12-31	9.81	-25.94%
2020-12-31	13.3	67%
2019-12-31	7.93	111.73%
2018-12-31	3.75	-42.52%
2017-12-31	6.52	-1.82%
2016-12-31	6.64	-18.21%
2015-12-31	8.12	172.16%
2014-12-31	2.98	7.71%
2013-12-31	2.77	18.87%
2012-12-31	2.33	32.18%
2011-12-31	1.76	6.97%
2010-12-31	1.65	28.15%
2009-12-31	1.29
2008-12-31	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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Vitec Software Group (VIT-B.ST) - P/B ratio