Mineral Resources (MIN.AX)

P/B ratio as of September 2024 : 2.09

According to Mineral Resources's latest financial reports the company has a price-to-book ratio of 2.09.
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.

Mineral Resources - P/B ratio (from 2007 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	3.97	-9.9%
2022-12-31	4.40	39.91%
2021-12-31	3.15	-8.48%
2020-12-31	3.44	53.05%
2019-12-31	2.25	6.28%
2018-12-31	2.11	-40.45%
2017-12-31	3.55	62.16%
2016-12-31	2.19	232.91%
2015-12-31	0.6575	-39.35%
2014-12-31	1.08	-48.82%
2013-12-31	2.12	6.6%
2012-12-31	1.99	-35.26%
2011-12-31	3.07	-39.61%
2010-12-31	5.08	-36.37%
2009-12-31	7.99	370.21%
2008-12-31	1.70	-83.04%
2007-12-31	10.0

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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Mineral Resources (MIN.AX) - P/B ratio