Síminn hf. (SIMINN.IC)

P/B ratio as of December 2024 : 1.85

According to Síminn hf.'s latest financial reports the company has a price-to-book ratio of 1.29358.
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.

Síminn hf. - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	1.83	28.34%
2023-12-31	1.42	9.97%
2022-12-31	1.29	-26.28%
2021-12-31	1.75	59%
2020-12-31	1.10	43.15%
2019-12-31	0.7710	27.48%
2018-12-31	0.6048	-8.47%
2017-12-31	0.6607	24%
2016-12-31	0.5329	-16.99%
2015-12-31	0.6419
2014-12-31	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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Síminn hf. (SIMINN.IC) - P/B ratio