Hexagon AB (HEXA-B.ST)

P/B ratio as of November 2024 : 2.31

According to Hexagon AB's latest financial reports the company has a price-to-book ratio of 4.37579.
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.

Hexagon AB - 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	2.90	8.9%
2022-12-31	2.67	-38.19%
2021-12-31	4.31	-6.06%
2020-12-31	4.59	51.36%
2019-12-31	3.03	11.94%
2018-12-31	2.71	-17.32%
2017-12-31	3.28	22.5%
2016-12-31	2.68	-11.04%
2015-12-31	3.01	13.77%
2014-12-31	2.64	-7.7%
2013-12-31	2.86	17.71%
2012-12-31	2.43	55.06%
2011-12-31	1.57	-39.76%
2010-12-31	2.60	15.05%
2009-12-31	2.26

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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Hexagon AB (HEXA-B.ST) - P/B ratio