Construction Partners (ROAD)

P/B ratio as of July 2024 : 6.29

According to Construction Partners 's latest financial reports the company has a price-to-book ratio of 6.29.
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.

Construction Partners - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.40	43.61%
2022-12-31	3.06	-16.96%
2021-12-31	3.69	-3.66%
2020-12-31	3.83	53.14%
2019-12-31	2.50	67.86%
2018-12-31	1.49
2017-12-31	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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Construction Partners (ROAD) - P/B ratio