Arendals Fossekompani (AFK.OL)

P/B ratio as of November 2024 : 2.85

According to Arendals Fossekompani's latest financial reports the company has a price-to-book ratio of 1.38852.
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.

Arendals Fossekompani - P/B ratio (from 2010 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.49	-31.38%
2022-12-31	3.62	-42.05%
2021-12-31	6.25	138.6%
2020-12-31	2.62	50.71%
2019-12-31	1.74	-20.31%
2018-12-31	2.18	41.71%
2017-12-31	1.54	-24.9%
2016-12-31	2.05	40.03%
2015-12-31	1.46	-13.27%
2014-12-31	1.69	41.7%
2013-12-31	1.19	-3.84%
2012-12-31	1.24	-16.45%
2011-12-31	1.48	11.46%
2010-12-31	1.33

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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Arendals Fossekompani (AFK.OL) - P/B ratio