Corporación Financiera Alba (ALB.MC)

P/B ratio as of November 2024 : 0.5544

According to Corporación Financiera Alba's latest financial reports the company has a price-to-book ratio of 9.23507.
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.

Corporación Financiera Alba - P/B ratio (from 2020 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.6043	9.76%
2022-12-31	0.5506	-22.82%
2021-12-31	0.7134	26.53%
2020-12-31	0.5638
2019-12-31	N/A
2018-12-31	N/A
2017-12-31	N/A
2016-12-31	N/A
2015-12-31	N/A
2014-12-31	N/A
2013-12-31	N/A
2012-12-31	N/A
2011-12-31	N/A
2010-12-31	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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Corporación Financiera Alba (ALB.MC) - P/B ratio