Friedman Industries (FRD)

P/B ratio as of November 2024 : 0.7873

According to Friedman Industries's latest financial reports the company has a price-to-book ratio of 0.2069.
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.

Friedman Industries - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.8781	32.27%
2022-12-31	0.6639	-6.61%
2021-12-31	0.7109	2.98%
2020-12-31	0.6903	14.58%
2019-12-31	0.6025	-9.78%
2018-12-31	0.6677	2.25%
2017-12-31	0.6530	-12.42%
2016-12-31	0.7456	26.58%
2015-12-31	0.5891	-21.23%
2014-12-31	0.7478	-18.41%
2013-12-31	0.9166	-17.08%
2012-12-31	1.11	-4.22%
2011-12-31	1.15	9.31%
2010-12-31	1.06	47.47%
2009-12-31	0.7160	-10.53%
2008-12-31	0.8003	-17.83%
2007-12-31	0.9740	-50.33%
2006-12-31	1.96	76.9%
2005-12-31	1.11	-50.11%
2004-12-31	2.22	171.01%
2003-12-31	0.8198	35.48%
2002-12-31	0.6051

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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Friedman Industries (FRD) - P/B ratio