EssilorLuxottica (EL.PA)

P/B ratio as of September 2024 : 2.44

According to EssilorLuxottica's latest financial reports the company has a price-to-book ratio of 2.44.
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.

EssilorLuxottica - P/B ratio (from 2009 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	2.12	7.79%
2022-12-31	1.96	-14.73%
2021-12-31	2.30	35.45%
2020-12-31	1.70	1.24%
2019-12-31	1.68	19.27%
2018-12-31	1.41	-67.2%
2017-12-31	4.29	30.58%
2016-12-31	3.29	-18.52%
2015-12-31	4.03	8.02%
2014-12-31	3.73	-7.13%
2013-12-31	4.02	-3.59%
2012-12-31	4.17	28.35%
2011-12-31	3.25	-1.65%
2010-12-31	3.30	0.41%
2009-12-31	3.29

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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EssilorLuxottica (EL.PA) - P/B ratio