Ascential (ASCL.L)

P/B ratio as of November 2024 : 2.11

According to Ascential's latest financial reports the company has a price-to-book ratio of 2.33259.
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.

Ascential - P/B ratio (from 2016 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	2.38	99.54%
2022-12-31	1.19	-45.63%
2021-12-31	2.19	-47.35%
2020-12-31	4.17	40.32%
2019-12-31	2.97	7.2%
2018-12-31	2.77	-38.11%
2017-12-31	4.48	50.24%
2016-12-31	2.98
2015-12-31	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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Ascential (ASCL.L) - P/B ratio