Covestro (1COV.F) - P/B ratio

P/B ratio as of September 2024 : 1.60

According to Covestro's latest financial reports the company has a price-to-book ratio of 1.60.
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.

Covestro - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.51	51.96%
2022-12-31	0.9920	-26.23%
2021-12-31	1.34	-22.56%
2020-12-31	1.74	20.72%
2019-12-31	1.44	-1.88%
2018-12-31	1.47	-55.04%
2017-12-31	3.26	3.89%
2016-12-31	3.14	64.42%
2015-12-31	1.91
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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