Ørsted (DOGEF) - P/B ratio

P/B ratio as of November 2024 : 1.67

According to Ørsted's latest financial reports the company has a price-to-book ratio of 3.10321.
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.

Ørsted - 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	2.01	-26.73%
2022-12-31	2.74	-33.57%
2021-12-31	4.12	-23.2%
2020-12-31	5.37	66.11%
2019-12-31	3.23	50.27%
2018-12-31	2.15	9.1%
2017-12-31	1.97
2016-12-31	N/A
2015-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
ONE Gas OGS	1.49	-10.68%	🇺🇸 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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