Rovio Entertainment (ROVIO.HE) - P/B ratio

P/B ratio as of November 2024 : 3.09

According to Rovio Entertainment's latest financial reports the company has a price-to-book ratio of 2.3937.
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.

Rovio Entertainment - P/B ratio (from 2017 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	3.14	54.56%
2022-12-31	2.03	-18.03%
2021-12-31	2.48	-11.6%
2020-12-31	2.80	33.9%
2019-12-31	2.09	10.79%
2018-12-31	1.89	-62.1%
2017-12-31	4.99
2016-12-31	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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