Galp Energia (GZ5.F)

P/B ratio as of September 2024 : 2.37

According to Galp Energia's latest financial reports the company has a price-to-book ratio of 2.37.
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.

Galp Energia - 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	2.04	12.24%
2022-12-31	1.82	2.22%
2021-12-31	1.78	0.51%
2020-12-31	1.77	-18.94%
2019-12-31	2.18	15.46%
2018-12-31	1.89	-14.12%
2017-12-31	2.20	22.07%
2016-12-31	1.80	24.8%
2015-12-31	1.45	32.75%
2014-12-31	1.09	-29.27%
2013-12-31	1.54	5.9%
2012-12-31	1.45	-51%
2011-12-31	2.97	-29%
2010-12-31	4.18	7.19%
2009-12-31	3.90

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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Galp Energia (GZ5.F) - P/B ratio