Atlas Lithium (ATLX)

P/B ratio as of October 2024 : 4.39

According to Atlas Lithium's latest financial reports the company has a price-to-book ratio of 320.064.
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.

Atlas Lithium - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	37.4	189.85%
2022-12-31	12.9	-74.6%
2021-12-31	50.7	-3684.39%
2020-12-31	-1.42	4.89%
2019-12-31	-1.35	464.35%
2018-12-31	-0.2392	-68.4%
2017-12-31	-0.7570	-99.38%
2016-12-31	-122	7496.21%
2015-12-31	-1.60	308.12%
2014-12-31	-0.3929	-104.84%
2013-12-31	8.11
2012-12-31	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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Atlas Lithium (ATLX) - P/B ratio