EnviTec Biogas (ETG.DE)

P/B ratio as of September 2024 : 2.34

According to EnviTec Biogas's latest financial reports the company has a price-to-book ratio of 2.34.
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.

EnviTec Biogas - P/B ratio (from 2009 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	2.85	-42.69%
2022-12-31	4.97	10.6%
2021-12-31	4.50	83.26%
2020-12-31	2.45	84.61%
2019-12-31	1.33	68.04%
2018-12-31	0.7910	12.26%
2017-12-31	0.7046	-0.35%
2016-12-31	0.7071	25.15%
2015-12-31	0.5650	5.78%
2014-12-31	0.5341	-11.08%
2013-12-31	0.6007	1.9%
2012-12-31	0.5895	-23.08%
2011-12-31	0.7664	-16.26%
2010-12-31	0.9151	-15.74%
2009-12-31	1.09

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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EnviTec Biogas (ETG.DE) - P/B ratio