According to Ringmetall's latest financial reports the company has a price-to-book ratio of 1.29.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 1.12 | -25.66% |
2022-12-31 | 1.51 | -23.39% |
2021-12-31 | 1.97 | 38.86% |
2020-12-31 | 1.42 | -11.27% |
2019-12-31 | 1.60 | -6.33% |
2018-12-31 | 1.71 | -38.85% |
2017-12-31 | 2.79 | 8.32% |
2016-12-31 | 2.58 | 23.05% |
2015-12-31 | 2.09 | 23.34% |
2014-12-31 | 1.70 | 39.55% |
2013-12-31 | 1.22 |