Cemig (CIG) - P/B ratio

P/B ratio as of November 2024 : 1.27

According to Cemig's latest financial reports the company has a price-to-book ratio of 0.822262.
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.

Cemig - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.13	-9.57%
2022-12-31	1.25	-3.5%
2021-12-31	1.30	-1.46%
2020-12-31	1.32	23.66%
2019-12-31	1.06	-17.63%
2018-12-31	1.29	113.24%
2017-12-31	0.6059	-19.75%
2016-12-31	0.7551	25.19%
2015-12-31	0.6032	-59.38%
2014-12-31	1.49	6.34%
2013-12-31	1.40	-14.82%
2012-12-31	1.64	-7.75%
2011-12-31	1.78	26.2%
2010-12-31	1.41	-10.2%
2009-12-31	1.57	15.49%
2008-12-31	1.36	-10.23%
2007-12-31	1.51	-2.91%
2006-12-31	1.56	68.3%
2005-12-31	0.9257	-42.71%
2004-12-31	1.62	144.38%
2003-12-31	0.6612	10.86%
2002-12-31	0.5964

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Copel ELP	1.04	-18.71%	🇧🇷 Brazil
FirstEnergy FE	1.74	36.34%	🇺🇸 USA
Consolidated Edison ED	1.52	19.35%	🇺🇸 USA
Companhia Siderúrgica Nacional SID	0.8709	-31.63%	🇧🇷 Brazil
Vale VALE	1.07	-16.34%	🇧🇷 Brazil

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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