Tele2 (TEL2-A.ST) - P/B ratio

P/B ratio as of November 2024 : 3.43

According to Tele2's latest financial reports the company has a price-to-book ratio of 2.50423.
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.

Tele2 - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.61	9.53%
2022-12-31	2.38	-19.49%
2021-12-31	2.96	29.44%
2020-12-31	2.28	-14.96%
2019-12-31	2.69	25.9%
2018-12-31	2.13	-30.55%
2017-12-31	3.07	58.73%
2016-12-31	1.94	-8.75%
2015-12-31	2.12	13.68%
2014-12-31	1.87	23.02%
2013-12-31	1.52	-40.67%
2012-12-31	2.56
2011-12-31	N/A
2010-12-31	N/A
2009-12-31	N/A
2004-12-31	1.16	-36.36%
2003-12-31	1.82	59.3%
2002-12-31	1.14

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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