Gjensidige Forsikring (GJF.OL)

P/B ratio as of November 2024 : 3.66

According to Gjensidige Forsikring 's latest financial reports the company has a price-to-book ratio of 2.13238.
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.

Gjensidige Forsikring - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.87	-3.55%
2022-12-31	4.01	815.33%
2021-12-31	0.4385	21.65%
2020-12-31	0.3605	1.25%
2019-12-31	0.3560	25.16%
2018-12-31	0.2844	-13.78%
2017-12-31	0.3299	-2.77%
2016-12-31	0.3393	7.09%
2015-12-31	0.3168	1.71%
2014-12-31	0.3115	18.89%
2013-12-31	0.2620	24.86%
2012-12-31	0.2099
2011-12-31	N/A
2010-12-31	N/A
2009-12-31	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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Gjensidige Forsikring (GJF.OL) - P/B ratio