China Lesso Group (2128.HK)

P/B ratio as of September 2024 : 0.3136

According to China Lesso Group's latest financial reports the company has a price-to-book ratio of 0.3136.
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.

China Lesso Group - P/B ratio (from 2010 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.4713	-52.31%
2022-12-31	0.9883	-24.1%
2021-12-31	1.30	-16.34%
2020-12-31	1.56	-4.28%
2019-12-31	1.63	129.48%
2018-12-31	0.7086	-25.28%
2017-12-31	0.9483	-21.71%
2016-12-31	1.21	-15.08%
2015-12-31	1.43	29.28%
2014-12-31	1.10	-38.24%
2013-12-31	1.79	-16.9%
2012-12-31	2.15	30.88%
2011-12-31	1.64	-58.79%
2010-12-31	3.99
2009-12-31	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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China Lesso Group (2128.HK) - P/B ratio