Grupo Elektra (XEKT.MC) - P/B ratio

P/B ratio as of November 2024 : 2.62

According to Grupo Elektra 's latest financial reports the company has a price-to-book ratio of 1.19851.
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.

Grupo Elektra - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.93	-1.73%
2022-12-31	2.99	-17.3%
2021-12-31	3.61	4.59%
2020-12-31	3.45	-1.01%
2019-12-31	3.49	26.21%
2018-12-31	2.76	19.52%
2017-12-31	2.31	120.98%
2016-12-31	1.05	-41.8%
2015-12-31	1.80	-28.64%
2014-12-31	2.52	5.92%
2013-12-31	2.38	-19.95%
2012-12-31	2.97	-40.11%
2011-12-31	4.96	45.86%
2010-12-31	3.40	-22.65%
2009-12-31	4.40

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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