Techstep ASA (TECH.OL)

P/B ratio as of September 2024 : 0.6661

According to Techstep ASA's latest financial reports the company has a price-to-book ratio of 0.6661.
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.

Techstep ASA - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.4956	-19.27%
2022-12-31	0.6140	-55.42%
2021-12-31	1.38	-17.8%
2020-12-31	1.68	38.42%
2019-12-31	1.21	18.47%
2018-12-31	1.02	-6.14%
2017-12-31	1.09	-36.8%
2016-12-31	1.72	111.02%
2015-12-31	0.8161	-172.01%
2014-12-31	-1.13	-138.36%
2013-12-31	2.95	121.55%
2012-12-31	1.33	82.8%
2011-12-31	0.7294	5.45%
2010-12-31	0.6918	-21.65%
2009-12-31	0.8829

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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Techstep ASA (TECH.OL) - P/B ratio