Saigon Thuong Tin Commercial Bank (STB.VN)

P/B ratio as of November 2024 : 1.19

According to Saigon Thuong Tin Commercial Bank's latest financial reports the company has a price-to-book ratio of 2.29268.
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.

Saigon Thuong Tin Commercial Bank - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.15	4.92%
2022-12-31	1.10	-36.64%
2021-12-31	1.73	64.65%
2020-12-31	1.05	55.3%
2019-12-31	0.6778	-22.86%
2018-12-31	0.8787	-11.91%
2017-12-31	0.9974	29.87%
2016-12-31	0.7681	-4.58%
2015-12-31	0.8049	-29.3%
2014-12-31	1.14	-1.14%
2013-12-31	1.15	-18.6%
2012-12-31	1.41

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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Saigon Thuong Tin Commercial Bank (STB.VN) - P/B ratio