Northern Data AG (NB2.DE)

P/B ratio as of September 2024 : 2.52

According to Northern Data AG's latest financial reports the company has a price-to-book ratio of 2.52.
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.

Northern Data AG - P/B ratio (from 2018 to 2020)

P/B ratio by year

Year	P/B ratio	Change
2020-12-31	6.47	-136.45%
2019-12-31	-17.7	-111.33%
2018-12-31	157
2015-12-31	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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Northern Data AG (NB2.DE) - P/B ratio