Argo Global Listed Infrastructure (ALI.AX)

P/B ratio as of September 2024 : 0.9959

According to Argo Global Listed Infrastructure's latest financial reports the company has a price-to-book ratio of 0.9959.
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.

Argo Global Listed Infrastructure - P/B ratio (from 2017 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.8838	-14.17%
2022-12-31	1.03	-7.1%
2021-12-31	1.11	-0.29%
2020-12-31	1.11	11.81%
2019-12-31	0.9942	20.64%
2018-12-31	0.8241	-12.52%
2017-12-31	0.9420

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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Argo Global Listed Infrastructure (ALI.AX) - P/B ratio