NI Holdings (NODK)

P/B ratio as of October 2024 : 1.32

According to NI Holdings 's latest financial reports the company has a price-to-book ratio of 1.32.
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.

NI Holdings - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.07	-3.57%
2022-12-31	1.11	-4.22%
2021-12-31	1.16	15.18%
2020-12-31	1.00	-18.29%
2019-12-31	1.23	-3%
2018-12-31	1.27	-14.6%
2017-12-31	1.48
2016-12-31	N/A
2015-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
ProAssurance PRA	0.6559	-50.46%	🇺🇸 USA

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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NI Holdings (NODK) - P/B ratio