Cereno Scientific (CRNO-B.ST)

P/B ratio as of October 2024 : 8.14

According to Cereno Scientific's latest financial reports the company has a price-to-book ratio of 8.14.
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.

Cereno Scientific - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.94	351.57%
2022-12-31	1.09	-48.99%
2021-12-31	2.15	46.41%
2020-12-31	1.47	-29.97%
2019-12-31	2.09	47.19%
2018-12-31	1.42	-58.87%
2017-12-31	3.46	44.06%
2016-12-31	2.40
2015-12-31	N/A

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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Cereno Scientific (CRNO-B.ST) - P/B ratio