ALD Automotive (ALD.PA)

P/B ratio as of September 2024 : 0.4872

According to ALD Automotive's latest financial reports the company has a price-to-book ratio of 0.4872.
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.

ALD Automotive - P/B ratio (from 2017 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.4628	-32.47%
2022-12-31	0.6852	-36.33%
2021-12-31	1.08	-2.57%
2020-12-31	1.10	-20.29%
2019-12-31	1.39	21.16%
2018-12-31	1.14	-34.87%
2017-12-31	1.76

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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ALD Automotive (ALD.PA) - P/B ratio