Nickel Industries Limited (NIC.AX)

P/B ratio as of November 2024 : 0.8655

According to Nickel Industries Limited's latest financial reports the company has a price-to-book ratio of 1.33803.
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.

Nickel Industries Limited - P/B ratio (from 2022 to 2021)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.6982	-28.43%
2022-12-31	0.9755	-63.93%
2021-12-31	2.70	5.7%
2020-12-31	2.56	52.53%
2019-12-31	1.68

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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Nickel Industries Limited (NIC.AX) - P/B ratio