CTT - Correios De Portugal (CTT.LS)

P/B ratio as of September 2024 : 2.32

According to CTT - Correios De Portugal's latest financial reports the company has a price-to-book ratio of 2.32.
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.

CTT - Correios De Portugal - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.96	3.85%
2022-12-31	1.88	-51.63%
2021-12-31	3.89	65.93%
2020-12-31	2.35	-35.58%
2019-12-31	3.64	20.92%
2018-12-31	3.01	-2.14%
2017-12-31	3.08	-25.69%
2016-12-31	4.14	-21.48%
2015-12-31	5.27	9.78%
2014-12-31	4.80	58.06%
2013-12-31	3.04
2012-12-31	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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CTT - Correios De Portugal (CTT.LS) - P/B ratio