West African Resources (WAF.AX)

P/B ratio as of April 2026 : 2.28

According to West African Resources's latest financial reports the company has a price-to-book ratio of 2.61187.
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.

West African Resources - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	1.24	16.58%
2023-12-31	1.07	-34.2%
2022-12-31	1.62	-33.23%
2021-12-31	2.43	-54.4%
2020-12-31	5.33	2.74%
2019-12-31	5.19
2017-12-31	22.2	-31.16%
2016-12-31	32.3	-636.88%
2015-12-31	-6.02	-163.73%
2014-12-31	9.44	7.96%
2013-12-31	8.74	-37.98%
2012-12-31	14.1	168.46%
2011-12-31	5.25

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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West African Resources (WAF.AX) - P/B ratio