Neste (NESTE.HE) - P/B ratio

P/B ratio as of September 2024 : 1.72

According to Neste's latest financial reports the company has a price-to-book ratio of 1.72.
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.

Neste - 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	2.92	-25.99%
2022-12-31	3.95	-17.19%
2021-12-31	4.77	-37.78%
2020-12-31	7.66	90.5%
2019-12-31	4.02	7.73%
2018-12-31	3.73	18.31%
2017-12-31	3.16	26.52%
2016-12-31	2.49	9.62%
2015-12-31	2.28	17.62%
2014-12-31	1.93	53.51%
2013-12-31	1.26	27.77%
2012-12-31	0.9862	22.45%
2011-12-31	0.8054	-36.11%
2010-12-31	1.26	-12.04%
2009-12-31	1.43

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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