Hoftex Group AG (NBH.MU)

P/B ratio as of September 2024 : 0.3488

According to Hoftex Group AG's latest financial reports the company has a price-to-book ratio of 0.3488.
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.

Hoftex Group AG - P/B ratio (from 2009 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.3778	-19.05%
2022-12-31	0.4667	-24.55%
2021-12-31	0.6186	26.05%
2020-12-31	0.4908	-14.77%
2019-12-31	0.5758	-11.17%
2018-12-31	0.6482	-10.92%
2017-12-31	0.7276	6.38%
2016-12-31	0.6840	10.95%
2015-12-31	0.6165	-0.5%
2014-12-31	0.6196	-7.61%
2013-12-31	0.6707	37.06%
2012-12-31	0.4893	-16.81%
2011-12-31	0.5882	-4.69%
2010-12-31	0.6171	30.17%
2009-12-31	0.4741

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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Hoftex Group AG (NBH.MU) - P/B ratio