Tower Bersama Infrastructure (TBIG.JK)

P/B ratio as of December 2024 : 3.42

According to Tower Bersama Infrastructure 's latest financial reports the company has a price-to-book ratio of 6.34171.
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.

Tower Bersama Infrastructure - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	3.46	-9.61%
2023-12-31	3.82	-18.81%
2022-12-31	4.71	-27.74%
2021-12-31	6.52	72.01%
2020-12-31	3.79	-21.33%
2019-12-31	4.82	13.42%
2018-12-31	4.25	-52.69%
2017-12-31	8.98	-35.61%
2016-12-31	13.9	-18.25%
2015-12-31	17.1	-21.6%
2014-12-31	21.8	112.68%
2013-12-31	10.2	58.81%
2012-12-31	6.44	57.42%
2011-12-31	4.09
2010-12-31	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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Tower Bersama Infrastructure (TBIG.JK) - P/B ratio