Team17 (TM17.L) - P/B ratio

P/B ratio as of September 2024 : 1.62

According to Team17's latest financial reports the company has a price-to-book ratio of 1.62.
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.

Team17 - P/B ratio (from 2018 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	1.09	-56.96%
2022-12-31	2.54	-68.37%
2021-12-31	8.03	-20.26%
2020-12-31	10.1	64.02%
2019-12-31	6.14	50.22%
2018-12-31	4.09

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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