Nürnberger Versicherung (NBG6.F)

P/B ratio as of September 2024 : 0.6332

According to Nürnberger Versicherung 's latest financial reports the company has a price-to-book ratio of 0.6332.
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.

Nürnberger Versicherung - P/B ratio (from 2009 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.8040	-9.8%
2022-12-31	0.8913	-8.65%
2021-12-31	0.9757	6.66%
2020-12-31	0.9148	1.46%
2019-12-31	0.9017	-3.67%
2018-12-31	0.9360	-6.75%
2017-12-31	1.00	11.92%
2016-12-31	0.8969	-20.03%
2015-12-31	1.12	20.94%
2014-12-31	0.9274	5.33%
2013-12-31	0.8804	-2.98%
2012-12-31	0.9075	-4.32%
2011-12-31	0.9484	0.62%
2010-12-31	0.9425	-1.72%
2009-12-31	0.9591

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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Nürnberger Versicherung (NBG6.F) - P/B ratio