Nexen Tire Corporation (002350.KS)

P/B ratio as of January 2025 : 0.2912

According to Nexen Tire Corporation's latest financial reports the company has a price-to-book ratio of 0.188562.
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.

Nexen Tire Corporation - P/B ratio (from 2007 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	0.3059	-34.27%
2023-12-31	0.4655	22.66%
2022-12-31	0.3795	-37.39%
2021-12-31	0.6062	10.37%
2020-12-31	0.5492	-29.22%
2019-12-31	0.7759	-10.46%
2018-12-31	0.8666	-31.29%
2017-12-31	1.26	-12.67%
2016-12-31	1.44	-10.25%
2015-12-31	1.61	-11.6%
2014-12-31	1.82	-16.4%
2013-12-31	2.18	-16.01%
2012-12-31	2.59	-26.21%
2011-12-31	3.51	51.85%
2010-12-31	2.31	27.1%
2009-12-31	1.82	175.93%
2008-12-31	0.6597	-53.06%
2007-12-31	1.41

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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Nexen Tire Corporation (002350.KS) - P/B ratio