LG Electronics (066570.KS)

P/B ratio as of November 2024 : 0.5928

According to LG Electronics 's latest financial reports the company has a price-to-book ratio of 0.167906.
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.

LG Electronics - P/B ratio (from 2007 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.7385	11.41%
2022-12-31	0.6628	75945.76%
2021-12-31	0.0009	-19.24%
2020-12-31	0.0011	70.76%
2019-12-31	0.0006	24.38%
2018-12-31	0.0005	-47.04%
2017-12-31	0.0010	84.99%
2016-12-31	0.0005	-6.24%
2015-12-31	0.0006	-4.91%
2014-12-31	0.0006	-6.71%
2013-12-31	0.0006	-7.98%
2012-12-31	0.0007	209.92%
2011-12-31	0.0002	-41.88%
2010-12-31	0.0004	-1.27%
2009-12-31	0.0004	86.97%
2008-12-31	0.0002	-78.67%
2007-12-31	0.0010

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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LG Electronics (066570.KS) - P/B ratio