Fonix Mobile (FNX.L)

P/B ratio as of September 2024 : 23.3

According to Fonix Mobile's latest financial reports the company has a price-to-book ratio of 23.3.
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.

Fonix Mobile - P/B ratio (from 2020 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	24.1	-8.7%
2022-12-31	26.4	-3.8%
2021-12-31	27.5	-30.52%
2020-12-31	39.5

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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Fonix Mobile (FNX.L) - P/B ratio