Grenergy Renovables (GRE.MC)

P/B ratio as of October 2024 : 2.95

According to Grenergy Renovables's latest financial reports the company has a price-to-book ratio of 2.95.
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.

Grenergy Renovables - P/B ratio (from 2015 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	2.93	-13.82%
2022-12-31	3.40	-31.97%
2021-12-31	5.00	-73.6%
2020-12-31	18.9	96.44%
2019-12-31	9.63	78.01%
2018-12-31	5.41	116.51%
2017-12-31	2.50	-2.28%
2016-12-31	2.56	-3.02%
2015-12-31	2.64
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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Grenergy Renovables (GRE.MC) - P/B ratio