Wärtsilä (WRT1V.HE)

P/B ratio as of November 2024 : 4.17

According to Wärtsilä 's latest financial reports the company has a price-to-book ratio of 1.6204.
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.

Wärtsilä - 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	3.46	60.9%
2022-12-31	2.15	-31.51%
2021-12-31	3.14	42.43%
2020-12-31	2.20	-8.86%
2019-12-31	2.42	-28.46%
2018-12-31	3.38	-22.21%
2017-12-31	4.35	19.23%
2016-12-31	3.65	-1.7%
2015-12-31	3.71	1.63%
2014-12-31	3.65	-2.57%
2013-12-31	3.74	3.98%
2012-12-31	3.60	36.61%
2011-12-31	2.64	-22.1%
2010-12-31	3.38	84.84%
2009-12-31	1.83

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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Wärtsilä (WRT1V.HE) - P/B ratio