Tecnoglass (TGLS) - P/B ratio

P/B ratio as of November 2024 : 5.66

According to Tecnoglass's latest financial reports the company has a price-to-book ratio of 4.24358.
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.

Tecnoglass - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.98	-5.04%
2022-12-31	4.19	-17.94%
2021-12-31	5.10	223.01%
2020-12-31	1.58	-22.27%
2019-12-31	2.03	-11.92%
2018-12-31	2.31	11.53%
2017-12-31	2.07	-37.29%
2016-12-31	3.30	-66.24%
2015-12-31	9.77	79.35%
2014-12-31	5.45	-26.32%
2013-12-31	7.40	-21.93%
2012-12-31	9.47

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
PGT Innovations PGTI	3.64	-35.59%	🇺🇸 USA
Masonite DOOR	3.17	-43.89%	🇺🇸 USA
PPG Industries PPG	3.59	-36.51%	🇺🇸 USA

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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