Myer Holdings (MYR.AX)

P/B ratio as of September 2024 : 3.00

According to Myer Holdings's latest financial reports the company has a price-to-book ratio of 3.00.
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.

Myer Holdings - P/B ratio (from 2010 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	2.07	1.78%
2022-12-31	2.03	26.61%
2021-12-31	1.61	9.07%
2020-12-31	1.47	120.28%
2019-12-31	0.6687	20.94%
2018-12-31	0.5529	11.87%
2017-12-31	0.4942	-49.09%
2016-12-31	0.9708	12.07%
2015-12-31	0.8662	7.27%
2014-12-31	0.8075	-53.74%
2013-12-31	1.75	23%
2012-12-31	1.42	16.21%
2011-12-31	1.22	-54.72%
2010-12-31	2.70

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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Myer Holdings (MYR.AX) - P/B ratio