Assa Abloy (ASSA-B.ST)

P/B ratio as of November 2024 : 3.28

According to Assa Abloy 's latest financial reports the company has a price-to-book ratio of 2.29936.
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.

Assa Abloy - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.52	21.82%
2022-12-31	2.89	-34.48%
2021-12-31	4.41	15.4%
2020-12-31	3.82	-7.1%
2019-12-31	4.11	21.49%
2018-12-31	3.38	-9.41%
2017-12-31	3.74	-10.68%
2016-12-31	4.18	-12.03%
2015-12-31	4.76	11.77%
2014-12-31	4.25	-2.57%
2013-12-31	4.37	26.25%
2012-12-31	3.46	28.04%
2011-12-31	2.70	-18.88%
2010-12-31	3.33	27.68%
2009-12-31	2.61

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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Assa Abloy (ASSA-B.ST) - P/B ratio