Skel fjárfestingafélag (SKEL.IC)

P/B ratio as of September 2024 : 0.8560

According to Skel fjárfestingafélag's latest financial reports the company has a price-to-book ratio of 0.8560.
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.

Skel fjárfestingafélag - P/B ratio (from 2016 to 2022)

P/B ratio by year

Year	P/B ratio	Change
2022-12-31	0.9031	-42.93%
2021-12-31	1.58	-3.81%
2020-12-31	1.65	-1.37%
2019-12-31	1.67	2.02%
2018-12-31	1.63	-6.45%
2017-12-31	1.75	-12.81%
2016-12-31	2.00
2015-12-31	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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Skel fjárfestingafélag (SKEL.IC) - P/B ratio