Piaggio (PIA.MI) - P/B ratio

P/B ratio as of September 2024 : 2.21

According to Piaggio's latest financial reports the company has a price-to-book ratio of 2.21.
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.

Piaggio - 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	2.53	6.83%
2022-12-31	2.37	-6.6%
2021-12-31	2.54	-1.86%
2020-12-31	2.59	1.18%
2019-12-31	2.56	53.22%
2018-12-31	1.67	-22.1%
2017-12-31	2.14	48.02%
2016-12-31	1.45	-30.33%
2015-12-31	2.08	-1.39%
2014-12-31	2.11	-4.85%
2013-12-31	2.21	29.08%
2012-12-31	1.72	16%
2011-12-31	1.48	-25.1%
2010-12-31	1.97	5.66%
2009-12-31	1.87

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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