Glarner Kantonalbank (GLKBN.SW)

P/B ratio as of September 2024 : 0.6581

According to Glarner Kantonalbank's latest financial reports the company has a price-to-book ratio of 0.6581.
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.

Glarner Kantonalbank - P/B ratio (from 2014 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.7236	-10.29%
2022-12-31	0.8066	-12.11%
2021-12-31	0.9177	-4.56%
2020-12-31	0.9616	-13.72%
2019-12-31	1.11	11.84%
2018-12-31	0.9965	-11.56%
2017-12-31	1.13	29.31%
2016-12-31	0.8714	16.53%
2015-12-31	0.7478	5.73%
2014-12-31	0.7073
2013-12-31	N/A
2012-12-31	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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Glarner Kantonalbank (GLKBN.SW) - P/B ratio