China Tourism Group Duty Free (601888.SS)

P/B ratio as of November 2024 : 2.30

According to China Tourism Group Duty Free's latest financial reports the company has a price-to-book ratio of 2.3537.
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.

China Tourism Group Duty Free - 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	2.89	-64.59%
2022-12-31	8.15	-33.8%
2021-12-31	12.3	-41.53%
2020-12-31	21.1	178.36%
2019-12-31	7.57	19.63%
2018-12-31	6.32	12.51%
2017-12-31	5.62	77.29%
2016-12-31	3.17	-34.88%
2015-12-31	4.87	21.23%
2014-12-31	4.02	14.41%
2013-12-31	3.51	-9.9%
2012-12-31	3.90	-12.74%
2011-12-31	4.46	-26.07%
2010-12-31	6.04	31.71%
2009-12-31	4.59
2008-12-31	N/A

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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China Tourism Group Duty Free (601888.SS) - P/B ratio