H-Power plc (HPOW.L)

P/B ratio as of November 2026 : 2.37

According to H-Power plc's latest financial reports the company has a price-to-book ratio of 620.114.
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.

H-Power plc - P/B ratio (from 2008 to 2026)

P/B ratio by year

Year	P/B ratio	Change
2026-12-31	N/A	-100%
2025-12-31	3.25	11.95%
2024-12-31	2.90	-43.7%
2023-12-31	5.16	66.14%
2022-12-31	3.10	-47.97%
2021-12-31	5.96	-65.16%
2020-12-31	17.1	-34.69%
2019-12-31	26.2	569.01%
2018-12-31	3.92	-23.43%
2017-12-31	5.12	-58.66%
2016-12-31	12.4	1.21%
2015-12-31	12.2	308.72%
2014-12-31	2.99	-66.55%
2013-12-31	8.94	49.98%
2012-12-31	5.96	-22.4%
2011-12-31	7.68	-44.58%
2010-12-31	13.9	136.01%
2009-12-31	5.88	2058.84%
2008-12-31	0.2722

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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H-Power plc (HPOW.L) - P/B ratio