Renold (RNO.L) - P/B ratio

P/B ratio as of September 2024 : 2.36

According to Renold's latest financial reports the company has a price-to-book ratio of 2.36.
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.

Renold - P/B ratio (from 2003 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.48	4.28%
2022-12-31	1.42	-93.12%
2021-12-31	20.6	-885.03%
2020-12-31	-2.62	-42.44%
2019-12-31	-4.56	-150.64%
2018-12-31	9.00	-53.72%
2017-12-31	19.4	-202.71%
2016-12-31	-18.9	-272%
2015-12-31	11.0	50.73%
2014-12-31	7.30	76%
2013-12-31	4.15	305.42%
2012-12-31	1.02	-9.52%
2011-12-31	1.13	-53.22%
2010-12-31	2.42	0.71%
2009-12-31	2.40	602.88%
2008-12-31	0.3417	-84.73%
2007-12-31	2.24	-15.32%
2006-12-31	2.64	229.66%
2005-12-31	0.8013	-16.57%
2004-12-31	0.9605	38.48%
2003-12-31	0.6936

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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