Mullen Group (MTL.TO)

P/B ratio as of December 2024 : 1.18

According to Mullen Group's latest financial reports the company has a price-to-book ratio of 0.601471.
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.

Mullen Group - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	1.19	-6.98%
2023-12-31	1.28	-8.22%
2022-12-31	1.39	12.62%
2021-12-31	1.24	5.05%
2020-12-31	1.18	11.25%
2019-12-31	1.06	-25.72%
2018-12-31	1.43	-13.59%
2017-12-31	1.65	-22.71%
2016-12-31	2.13	34.04%
2015-12-31	1.59	-26.53%
2014-12-31	2.17	-24.22%
2013-12-31	2.86	29.09%
2012-12-31	2.22	-1.47%
2011-12-31	2.25	7.22%
2010-12-31	2.10	85.71%
2009-12-31	1.13	21.52%
2008-12-31	0.9292	-25.98%
2007-12-31	1.26	16.76%
2006-12-31	1.08	-77.23%
2005-12-31	4.72	68.54%
2004-12-31	2.80	6.75%
2003-12-31	2.62	15.29%
2002-12-31	2.28

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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Mullen Group (MTL.TO) - P/B ratio