Nordic Mining ASA (NOM.OL)

P/B ratio as of November 2024 : 1.70

According to Nordic Mining ASA's latest financial reports the company has a price-to-book ratio of 0.
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.

Nordic Mining ASA - 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	1.20	25.35%
2022-12-31	0.9548	-69.76%
2021-12-31	3.16	22.74%
2020-12-31	2.57	2.43%
2019-12-31	2.51	-19.7%
2018-12-31	3.13	-36.01%
2017-12-31	4.89	34.74%
2016-12-31	3.63	-35.54%
2015-12-31	5.63	-37.58%
2014-12-31	9.01	-8.07%
2013-12-31	9.81	114.98%
2012-12-31	4.56	43.28%
2011-12-31	3.18	8.16%
2010-12-31	2.94	41.75%
2009-12-31	2.08

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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Nordic Mining ASA (NOM.OL) - P/B ratio