Detection Technology (DETEC.HE)

P/B ratio as of December 2024 : 2.68

According to Detection Technology's latest financial reports the company has a price-to-book ratio of 1.98194.
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.

Detection Technology - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	2.81	-6.41%
2023-12-31	3.01	-15.12%
2022-12-31	3.54	-44.77%
2021-12-31	6.41	-5.82%
2020-12-31	6.81	-0.89%
2019-12-31	6.87	31.94%
2018-12-31	5.21	-34.8%
2017-12-31	7.98	10.06%
2016-12-31	7.25	141.16%
2015-12-31	3.01
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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Detection Technology (DETEC.HE) - P/B ratio