Econocom Group (ECONB.BR)

P/B ratio as of September 2024 : 0.7389

According to Econocom Group's latest financial reports the company has a price-to-book ratio of 0.7389.
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.

Econocom Group - P/B ratio (from 2009 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.9645	-13.64%
2022-12-31	1.12	-27.32%
2021-12-31	1.54	39.11%
2020-12-31	1.10	-0.96%
2019-12-31	1.12	-18.54%
2018-12-31	1.37	-53.42%
2017-12-31	2.94	-45.35%
2016-12-31	5.38	65.39%
2015-12-31	3.25	25.57%
2014-12-31	2.59	-19.3%
2013-12-31	3.21	-13.46%
2012-12-31	3.71	23.45%
2011-12-31	3.00	45.18%
2010-12-31	2.07	-31.81%
2009-12-31	3.03

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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Econocom Group (ECONB.BR) - P/B ratio