Amaero International Ltd (3DA.AX)

P/B ratio as of October 2024 : 16.2

According to Amaero International Ltd's latest financial reports the company has a price-to-book ratio of 16.2.
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.

Amaero International Ltd - P/B ratio (from 2020 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	6.84	53.33%
2022-12-31	4.46	12.56%
2021-12-31	3.96	-74.29%
2020-12-31	15.4

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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Amaero International Ltd (3DA.AX) - P/B ratio