Alfen (ALFEN.AS) - P/B ratio

P/B ratio as of September 2024 : 1.57

According to Alfen 's latest financial reports the company has a price-to-book ratio of 1.57.
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.

Alfen - P/B ratio (from 2018 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	7.28	-40.09%
2022-12-31	12.2	-38.84%
2021-12-31	19.9	-17.66%
2020-12-31	24.1	-4.2%
2019-12-31	25.2	-29.02%
2018-12-31	35.5
2017-12-31	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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