Midea (000333.SZ) - P/B ratio

P/B ratio as of November 2024 : 2.41

According to Midea's latest financial reports the company has a price-to-book ratio of 1.34907.
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.

Midea - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.19	-7.05%
2022-12-31	2.36	-38.31%
2021-12-31	3.82	-31.31%
2020-12-31	5.57	47.47%
2019-12-31	3.77	42.22%
2018-12-31	2.65	-39.12%
2017-12-31	4.36	65.53%
2016-12-31	2.63	5.39%
2015-12-31	2.50	-1.2%
2014-12-31	2.53	17.25%
2013-12-31	2.16
2012-12-31	N/A
2011-12-31	N/A
2010-12-31	N/A
2009-12-31	N/A
2008-12-31	N/A
2007-12-31	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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