FREYR Battery (FREY)

P/B ratio as of September 2024 : 0.2268

According to FREYR Battery's latest financial reports the company has a price-to-book ratio of 0.2268.
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.

FREYR Battery - P/B ratio (from 2021 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.4118	-75.55%
2022-12-31	1.68	-29.69%
2021-12-31	2.39
2020-12-31	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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FREYR Battery (FREY) - P/B ratio