Danieli & C. Officine Meccaniche (DAN.MI)

P/B ratio as of September 2024 : 0.8152

According to Danieli & C. Officine Meccaniche's latest financial reports the company has a price-to-book ratio of 0.8152.
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.

Danieli & C. Officine Meccaniche - P/B ratio (from 2010 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.7959	37.54%
2022-12-31	0.5787	-27%
2021-12-31	0.7928	72.59%
2020-12-31	0.4594	-11.42%
2019-12-31	0.5186	-8.12%
2018-12-31	0.5644	-18.17%
2017-12-31	0.6897	-2.84%
2016-12-31	0.7099	7.82%
2015-12-31	0.6584	-17.82%
2014-12-31	0.8012	-24.02%
2013-12-31	1.05	5.17%
2012-12-31	1.00	34.57%
2011-12-31	0.7450	-43.71%
2010-12-31	1.32
2009-12-31	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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Danieli & C. Officine Meccaniche (DAN.MI) - P/B ratio