Kvika banki (KVIKA.IC)

P/B ratio as of September 2024 : 0.9259

According to Kvika banki's latest financial reports the company has a price-to-book ratio of 0.9259.
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.

Kvika banki - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.00	-10.12%
2022-12-31	1.11	52.27%
2021-12-31	0.7322	-62.03%
2020-12-31	1.93	54.1%
2019-12-31	1.25	3.44%
2018-12-31	1.21
2017-12-31	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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Kvika banki (KVIKA.IC) - P/B ratio