Wiit S.p.A. (WIIT.MI)

P/B ratio as of October 2024 : 19.0

According to Wiit S.p.A.'s latest financial reports the company has a price-to-book ratio of 19.0.
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.

Wiit S.p.A. - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	15.6	31.88%
2022-12-31	11.9	-43.93%
2021-12-31	21.1	-21.64%
2020-12-31	27.0	140.93%
2019-12-31	11.2	169.42%
2018-12-31	4.16
2017-12-31	N/A
2016-12-31	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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Wiit S.p.A. (WIIT.MI) - P/B ratio