Belships ASA (BELCO.OL)

P/B ratio as of September 2024 : 1.63

According to Belships ASA's latest financial reports the company has a price-to-book ratio of 1.63.
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.

Belships ASA - 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	1.50	20.39%
2022-12-31	1.24	-16.24%
2021-12-31	1.48	32.39%
2020-12-31	1.12	0.5%
2019-12-31	1.12	37.69%
2018-12-31	0.8098	29.81%
2017-12-31	0.6239	-41.62%
2016-12-31	1.07	191%
2015-12-31	0.3672	-5.37%
2014-12-31	0.3881	-50.45%
2013-12-31	0.7831	112.16%
2012-12-31	0.3691	2.84%
2011-12-31	0.3589	-34.43%
2010-12-31	0.5474	-23.32%
2009-12-31	0.7138

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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Belships ASA (BELCO.OL) - P/B ratio