Kuke Music Holding (KUKE)

P/B ratio as of September 2024 : 8.28

According to Kuke Music Holding's latest financial reports the company has a price-to-book ratio of 8.28.
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.

Kuke Music Holding - P/B ratio (from 2020 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	3.37	2846.16%
2022-12-31	0.1145	-86.57%
2021-12-31	0.8523	-71.07%
2020-12-31	2.95
2019-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Salem Media Group SALM	0.0618	-99.25%	🇺🇸 USA

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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Kuke Music Holding (KUKE) - P/B ratio