Forterra plc (FORT.L)

P/B ratio as of September 2024 : 1.79

According to Forterra plc's latest financial reports the company has a price-to-book ratio of 1.79.
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.

Forterra plc - P/B ratio (from 2016 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	1.81	0.54%
2022-12-31	1.80	-33%
2021-12-31	2.69	-1.67%
2020-12-31	2.73	-38.52%
2019-12-31	4.45	32.9%
2018-12-31	3.35	-41.28%
2017-12-31	5.70	12.9%
2016-12-31	5.05
2015-12-31	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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Forterra plc (FORT.L) - P/B ratio