Chorus (CNU.NZ) - P/B ratio

P/B ratio as of September 2024 : 3.71

According to Chorus's latest financial reports the company has a price-to-book ratio of 3.71.
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.

Chorus - P/B ratio (from 2019 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	3.31	-7.93%
2022-12-31	3.59	7.38%
2021-12-31	3.34	-20.97%
2020-12-31	4.23	50.55%
2019-12-31	2.81

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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