Varengold Bank AG (VG8.DE)

P/B ratio as of September 2024 : 0.4893

According to Varengold Bank AG's latest financial reports the company has a price-to-book ratio of 0.4893.
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.

Varengold Bank AG - P/B ratio (from 2009 to 2022)

P/B ratio by year

Year	P/B ratio	Change
2022-12-31	0.8690	9.3%
2021-12-31	0.7951	-16.82%
2020-12-31	0.9558	-12.15%
2019-12-31	1.09	-24.26%
2018-12-31	1.44	35.49%
2017-12-31	1.06	12.02%
2016-12-31	0.9465	-88.6%
2015-12-31	8.30	301.39%
2014-12-31	2.07	35.81%
2013-12-31	1.52	89.94%
2012-12-31	0.8020	-65.73%
2011-12-31	2.34	-47.94%
2010-12-31	4.50	48.8%
2009-12-31	3.02

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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Varengold Bank AG (VG8.DE) - P/B ratio