Convatec Group (CTEC.L)

P/B ratio as of September 2024 : 3.58

According to Convatec Group's latest financial reports the company has a price-to-book ratio of 3.58.
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.

Convatec Group - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.78	5.53%
2022-12-31	3.58	15.15%
2021-12-31	3.11	-4.76%
2020-12-31	3.26	-2.51%
2019-12-31	3.35	55.25%
2018-12-31	2.16	-39.43%
2017-12-31	3.56	-21.28%
2016-12-31	4.52

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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Convatec Group (CTEC.L) - P/B ratio