MTN Group (MTN.JO)

P/B ratio as of September 2024 : 1.15

According to MTN Group's latest financial reports the company has a price-to-book ratio of 1.15.
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.

MTN Group - P/B ratio (from 2009 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	1.40	-26.29%
2022-12-31	1.90	-21.92%
2021-12-31	2.44	191.69%
2020-12-31	0.8350	-38.55%
2019-12-31	1.36	-7.09%
2018-12-31	1.46	-17.61%
2017-12-31	1.78	7.19%
2016-12-31	1.66	19.46%
2015-12-31	1.39	-29.09%
2014-12-31	1.96	1.74%
2013-12-31	1.92	22.71%
2012-12-31	1.57	21.07%
2011-12-31	1.29	4.43%
2010-12-31	1.24	0.46%
2009-12-31	1.23

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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MTN Group (MTN.JO) - P/B ratio