Bank Millennium (MIL.WA)

P/B ratio as of September 2024 : 1.51

According to Bank Millennium's latest financial reports the company has a price-to-book ratio of 1.51.
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.

Bank Millennium - 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	1.47	45.37%
2022-12-31	1.01	-31.92%
2021-12-31	1.48	240.12%
2020-12-31	0.4364	-45.02%
2019-12-31	0.7937	-38.16%
2018-12-31	1.28	-8.02%
2017-12-31	1.40	53.83%
2016-12-31	0.9071	-13.35%
2015-12-31	1.05	-40.06%
2014-12-31	1.75	7.23%
2013-12-31	1.63	46.53%
2012-12-31	1.11	10.58%
2011-12-31	1.01	-13.1%
2010-12-31	1.16	-20.91%
2009-12-31	1.46

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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Bank Millennium (MIL.WA) - P/B ratio