Neoen (NEOEN.PA) - P/B ratio

P/B ratio as of September 2024 : 2.23

According to Neoen's latest financial reports the company has a price-to-book ratio of 2.23.
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.

Neoen - P/B ratio (from 2018 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	1.72	-22.83%
2022-12-31	2.23	-24.77%
2021-12-31	2.97	-64.27%
2020-12-31	8.31	115.47%
2019-12-31	3.85	57.23%
2018-12-31	2.45
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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