Advent Technologies (ADN)

P/B ratio as of September 2024 : 0.5999

According to Advent Technologies's latest financial reports the company has a price-to-book ratio of 0.5999.
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.

Advent Technologies - P/B ratio (from 2021 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	1.20	-17.65%
2022-12-31	1.46	-47.12%
2021-12-31	2.76
2020-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Plug Power PLUG	0.5592	-6.78%	🇺🇸 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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Advent Technologies (ADN) - P/B ratio