Nitro Games (NITRO.ST)

P/B ratio as of September 2024 : 2.42

According to Nitro Games's latest financial reports the company has a price-to-book ratio of 2.42.
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.

Nitro Games - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.95	-82.07%
2022-12-31	22.0	153.51%
2021-12-31	8.69	62.57%
2020-12-31	5.35	242.13%
2019-12-31	1.56	-56.88%
2018-12-31	3.62	-13.04%
2017-12-31	4.17
2016-12-31	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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Nitro Games (NITRO.ST) - P/B ratio