Nordex (NDX1.F) - P/B ratio

P/B ratio as of December 2024 : 2.63

According to Nordex's latest financial reports the company has a price-to-book ratio of 0.355048.
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.

Nordex - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	2.82	11.53%
2023-12-31	2.53	-20.13%
2022-12-31	3.17	51.07%
2021-12-31	2.10	-37.68%
2020-12-31	3.36	94.45%
2019-12-31	1.73	63.86%
2018-12-31	1.06	13.2%
2017-12-31	0.9320	-47.16%
2016-12-31	1.76	-69.66%
2015-12-31	5.81	89.71%
2014-12-31	3.06	45.27%
2013-12-31	2.11	167.44%
2012-12-31	0.7888	6.02%
2011-12-31	0.7440	-25.5%
2010-12-31	0.9986	-50.37%
2009-12-31	2.01

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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