Ringmetall (HP3A.DE)

P/B ratio as of September 2024 : 1.14

According to Ringmetall's latest financial reports the company has a price-to-book ratio of 1.14.
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.

Ringmetall - P/B ratio (from 2013 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	1.12	-25.72%
2022-12-31	1.51	-23.32%
2021-12-31	1.97	38.86%
2020-12-31	1.42	-11.27%
2019-12-31	1.60	-6.33%
2018-12-31	1.71	-39.27%
2017-12-31	2.81	9.21%
2016-12-31	2.57	22.9%
2015-12-31	2.09	23.34%
2014-12-31	1.70	39.55%
2013-12-31	1.22

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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Ringmetall (HP3A.DE) - P/B ratio