Mips AB (MIPS.ST) - P/B ratio

P/B ratio as of December 2024 : 19.6

According to Mips AB's latest financial reports the company has a price-to-book ratio of 27.517.
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.

Mips AB - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	19.9	35.23%
2023-12-31	14.7	-18.25%
2022-12-31	18.0	-66.62%
2021-12-31	53.9	70.17%
2020-12-31	31.6	87.88%
2019-12-31	16.8	68.67%
2018-12-31	9.99	69.88%
2017-12-31	5.88
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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