Grendene (GRND3.SA)

P/B ratio as of November 2024 : 1.29

According to Grendene's latest financial reports the company has a price-to-book ratio of 1.91876.
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.

Grendene - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.74	39.09%
2022-12-31	1.25	-34.26%
2021-12-31	1.91	6.7%
2020-12-31	1.79	-35.4%
2019-12-31	2.76	29.77%
2018-12-31	2.13	-19.79%
2017-12-31	2.66	46.77%
2016-12-31	1.81	-6.47%
2015-12-31	1.93	-1.89%
2014-12-31	1.97	-24.9%
2013-12-31	2.63	3.49%
2012-12-31	2.54	98.38%
2011-12-31	1.28	-23.35%
2010-12-31	1.67	-16.02%
2009-12-31	1.99

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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Grendene (GRND3.SA) - P/B ratio