Ultimate Products (ULTP.L)

P/B ratio as of September 2024 : 2.53

According to Ultimate Products's latest financial reports the company has a price-to-book ratio of 2.53.
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.

Ultimate Products - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.90	-13.85%
2022-12-31	3.36	-39.23%
2021-12-31	5.53	-28.11%
2020-12-31	7.69	1.6%
2019-12-31	7.57	106.22%
2018-12-31	3.67
2016-12-31	N/A

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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Ultimate Products (ULTP.L) - P/B ratio