Localiza (RENT3.SA)

P/B ratio as of December 2024 : 1.24

According to Localiza 's latest financial reports the company has a price-to-book ratio of 0.86586.
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.

Localiza - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	1.25	-52.87%
2023-12-31	2.65	1.61%
2022-12-31	2.61	-50.17%
2021-12-31	5.23	-38.88%
2020-12-31	8.56	30.2%
2019-12-31	6.58	3.34%
2018-12-31	6.36	13.77%
2017-12-31	5.59	72.39%
2016-12-31	3.24	21.95%
2015-12-31	2.66	-40.78%
2014-12-31	4.49	-12.75%
2013-12-31	5.15	-4.08%
2012-12-31	5.37	19.16%
2011-12-31	4.51	-23.77%
2010-12-31	5.91	15.94%
2009-12-31	5.10

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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Localiza (RENT3.SA) - P/B ratio