Kitwave Group (KITW.L)

P/B ratio as of September 2024 : 2.97

According to Kitwave Group's latest financial reports the company has a price-to-book ratio of 2.97.
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.

Kitwave Group - P/B ratio (from 2021 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	2.22	12.76%
2022-12-31	1.97	22.03%
2021-12-31	1.61

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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Kitwave Group (KITW.L) - P/B ratio