Banco del Bajío (BBAJIOO.MX)

P/B ratio as of November 2024 : 1.15

According to Banco del Bajío's latest financial reports the company has a price-to-book ratio of 1.64238.
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.

Banco del Bajío - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.63	-18.02%
2022-12-31	1.98	71.88%
2021-12-31	1.15	24.04%
2020-12-31	0.9310	-21.06%
2019-12-31	1.18	-26.26%
2018-12-31	1.60	-9.71%
2017-12-31	1.77
2016-12-31	N/A
2015-12-31	N/A
2014-12-31	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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Banco del Bajío (BBAJIOO.MX) - P/B ratio