Fastned (FAST.AS) - P/B ratio

P/B ratio as of September 2024 : 2.26

According to Fastned's latest financial reports the company has a price-to-book ratio of 2.26.
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.

Fastned - P/B ratio (from 2019 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	3.39	-16.44%
2022-12-31	4.06	-46.69%
2021-12-31	7.61	-119.97%
2020-12-31	-38.1	43.02%
2019-12-31	-26.7
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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