PSC Insurance Group (PSI.AX)

P/B ratio as of September 2024 : 4.51

According to PSC Insurance Group's latest financial reports the company has a price-to-book ratio of 4.51.
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.

PSC Insurance Group - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.73	-12.77%
2022-12-31	4.27	-1.51%
2021-12-31	4.34	1.17%
2020-12-31	4.29	-20.22%
2019-12-31	5.37	39.12%
2018-12-31	3.86	-57.6%
2017-12-31	9.11	48.61%
2016-12-31	6.13

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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PSC Insurance Group (PSI.AX) - P/B ratio