Pandora (PNDORA.CO)

P/B ratio as of November 2024 : 23.1

According to Pandora's latest financial reports the company has a price-to-book ratio of 2.78787.
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.

Pandora - P/B ratio (from 2010 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	14.3	133.49%
2022-12-31	6.14	309.5%
2021-12-31	1.50	21.45%
2020-12-31	1.23	79.78%
2019-12-31	0.6867	21.03%
2018-12-31	0.5673	-62.66%
2017-12-31	1.52	-28.88%
2016-12-31	2.14	-3.42%
2015-12-31	2.21	89.94%
2014-12-31	1.16	50.84%
2013-12-31	0.7721	114.98%
2012-12-31	0.3591	113.07%
2011-12-31	0.1686	-87.14%
2010-12-31	1.31
2009-12-31	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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Pandora (PNDORA.CO) - P/B ratio