Thermon Group (THR)

P/B ratio as of November 2024 : 2.14

According to Thermon Group's latest financial reports the company has a price-to-book ratio of 2.08863.
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.

Thermon Group - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.35	43.66%
2022-12-31	1.63	12.5%
2021-12-31	1.45	6.31%
2020-12-31	1.37	-42.77%
2019-12-31	2.39	21.98%
2018-12-31	1.96	-14.38%
2017-12-31	2.29	12.71%
2016-12-31	2.03	5.8%
2015-12-31	1.92	-31.29%
2014-12-31	2.79	-21.7%
2013-12-31	3.56	13.04%
2012-12-31	3.15	7.71%
2011-12-31	2.93
2010-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Vishay Precision Group VPG	0.8676	-59.50%	🇺🇸 USA
Dow DOW	1.67	-22.27%	🇺🇸 USA
Dupont De Nemours DD	1.40	-34.52%	🇺🇸 USA
3M MMM	14.8	589.50%	🇺🇸 USA
Fluor Corporation FLR	4.18	95.32%	🇺🇸 USA

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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Thermon Group (THR) - P/B ratio