Momentum Metropolitan (MTM.JO)

P/B ratio as of September 2024 : 1.37

According to Momentum Metropolitan's latest financial reports the company has a price-to-book ratio of 1.37.
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.

Momentum Metropolitan - P/B ratio (from 2008 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	1.01	6.14%
2022-12-31	0.9488	-10.62%
2021-12-31	1.06	32.64%
2020-12-31	0.8003	-22.28%
2019-12-31	1.03	18.31%
2018-12-31	0.8704	-11.06%
2017-12-31	0.9786	-17.7%
2016-12-31	1.19	0.85%
2015-12-31	1.18	-4.17%
2014-12-31	1.23	31.85%
2013-12-31	0.9332	32.79%
2012-12-31	0.7027	40.81%
2011-12-31	0.4991	27.44%
2010-12-31	0.3916	-12.27%
2009-12-31	0.4464	-9.35%
2008-12-31	0.4924

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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Momentum Metropolitan (MTM.JO) - P/B ratio