Eco Wave Power Global (WAVE)

P/B ratio as of December 2024 : 11.7

According to Eco Wave Power Global's latest financial reports the company has a price-to-book ratio of 253.032.
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.

Eco Wave Power Global - P/B ratio (from 2021 to 2021)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	12.7	1344.95%
2023-12-31	0.8821	-47.27%
2022-12-31	1.67	3.04%
2021-12-31	1.62
2020-12-31	N/A
2019-12-31	N/A
2018-12-31	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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Eco Wave Power Global (WAVE) - P/B ratio