Kardex Holding (KARN.SW)

P/B ratio as of September 2024 : 9.53

According to Kardex Holding's latest financial reports the company has a price-to-book ratio of 9.53.
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.

Kardex Holding - P/B ratio (from 2011 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	7.54	30.34%
2022-12-31	5.78	-49.63%
2021-12-31	11.5	44.43%
2020-12-31	7.95
2019-12-31	N/A
2018-12-31	N/A	-100%
2017-12-31	5.68	14.25%
2016-12-31	4.97
2015-12-31	N/A
2014-12-31	N/A
2013-12-31	N/A
2012-12-31	N/A	-100%
2011-12-31	1.18
2010-12-31	N/A
2009-12-31	N/A
2008-12-31	N/A

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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Kardex Holding (KARN.SW) - P/B ratio