Sýn hf. (SYN.IC) - P/B ratio

P/B ratio as of September 2024 : 1.17

According to Sýn hf.'s latest financial reports the company has a price-to-book ratio of 1.17.
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.

Sýn hf. - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.12	-39.36%
2022-12-31	1.85	0.56%
2021-12-31	1.84	36.29%
2020-12-31	1.35	14.67%
2019-12-31	1.18	1.9%
2018-12-31	1.16	-34.45%
2017-12-31	1.77	-26.24%
2016-12-31	2.39	38.73%
2015-12-31	1.73	24.71%
2014-12-31	1.38	13%
2013-12-31	1.22	-25.12%
2012-12-31	1.64

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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