Bank of Innovation (4393.T)

P/B ratio as of September 2024 : 5.24

According to Bank of Innovation's latest financial reports the company has a price-to-book ratio of 5.24.
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.

Bank of Innovation - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.54	-56.52%
2022-12-31	10.4	-13.54%
2021-12-31	12.1	36.73%
2020-12-31	8.83	17.33%
2019-12-31	7.53	56.98%
2018-12-31	4.80

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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Bank of Innovation (4393.T) - P/B ratio