Cargojet (CJT.TO) - P/B ratio

P/B ratio as of September 2024 : 3.03

According to Cargojet's latest financial reports the company has a price-to-book ratio of 3.03.
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.

Cargojet - P/B ratio (from 2006 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.62	8.35%
2022-12-31	2.42	-43.34%
2021-12-31	4.27	-77.69%
2020-12-31	19.1	228.22%
2019-12-31	5.83	-0.98%
2018-12-31	5.88	17.5%
2017-12-31	5.01	-30.26%
2016-12-31	7.18	52.5%
2015-12-31	4.71	24.02%
2014-12-31	3.80	114.16%
2013-12-31	1.77	84.92%
2012-12-31	0.9587	-10.18%
2011-12-31	1.07	-109.71%
2010-12-31	-11.0	-1520.2%
2009-12-31	0.7738	246.45%
2008-12-31	0.2233	-82.8%
2007-12-31	1.30	65.75%
2006-12-31	0.7832

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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