El Al Israel Airlines (ELAL.TA)

P/B ratio as of September 2024 : 3.49

According to El Al Israel Airlines's latest financial reports the company has a price-to-book ratio of 3.49.
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.

El Al Israel Airlines - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	-1.16	153.35%
2022-12-31	-0.4571	114.54%
2021-12-31	-0.2130	-78.77%
2020-12-31	-1.00	-222.63%
2019-12-31	0.8182	20.34%
2018-12-31	0.6799	-11.85%
2017-12-31	0.7713	-34.22%
2016-12-31	1.17	-41.16%
2015-12-31	1.99	133.36%
2014-12-31	0.8538	96.33%
2013-12-31	0.4349	-5.28%
2012-12-31	0.4591

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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El Al Israel Airlines (ELAL.TA) - P/B ratio