Novozymes (NZYM.VI)

P/B ratio as of November 2024 : 13.6

According to Novozymes's latest financial reports the company has a price-to-book ratio of 11.127.
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.

Novozymes - P/B ratio (from 2009 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	7.16	5.38%
2022-12-31	6.80	-44.22%
2021-12-31	12.2	40.65%
2020-12-31	8.67	8.49%
2019-12-31	7.99	9.23%
2018-12-31	7.31	-20.24%
2017-12-31	9.17	45.1%
2016-12-31	6.32	-26.93%
2015-12-31	8.65	21.86%
2014-12-31	7.10	9.22%
2013-12-31	6.50	25.11%
2012-12-31	5.19	-17.91%
2011-12-31	6.33	1.4%
2010-12-31	6.24	8.6%
2009-12-31	5.75

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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Novozymes (NZYM.VI) - P/B ratio