Element Fleet Management (EFN.TO)

P/B ratio as of September 2024 : 2.91

According to Element Fleet Management 's latest financial reports the company has a price-to-book ratio of 2.91.
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.

Element Fleet Management - P/B ratio (from 2024 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.86	6.55%
2022-12-31	2.68	37.32%
2021-12-31	1.95	-1.6%
2020-12-31	1.99	19.7%
2019-12-31	1.66	61.72%
2018-12-31	1.03	-15.85%
2017-12-31	1.22	-25.2%
2016-12-31	1.63	4.09%
2015-12-31	1.57	2.23%
2014-12-31	1.53	-21.36%
2013-12-31	1.95	40.54%
2012-12-31	1.39	1.94%
2011-12-31	1.36

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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Element Fleet Management (EFN.TO) - P/B ratio