Renesas Electronics (6723.T)

P/B ratio as of November 2024 : 1.54

According to Renesas Electronics 's latest financial reports the company has a price-to-book ratio of 2.44406.
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.

Renesas Electronics - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.24	66.31%
2022-12-31	1.35	-43.73%
2021-12-31	2.40	-20.54%
2020-12-31	3.02	46.8%
2019-12-31	2.05	47.99%
2018-12-31	1.39	-63.24%
2017-12-31	3.78	2.63%
2016-12-31	3.68	8.72%
2015-12-31	3.38	-29.47%
2014-12-31	4.80	17.1%
2013-12-31	4.10	137.14%
2012-12-31	1.73	109.54%
2011-12-31	0.8246	-16.62%
2010-12-31	0.9891	44.25%
2009-12-31	0.6857

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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Renesas Electronics (6723.T) - P/B ratio