Witbe S.A. (ALWIT.PA)

P/B ratio as of November 2024 : 1.56

According to Witbe S.A.'s latest financial reports the company has a price-to-book ratio of 0.408079.
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.

Witbe S.A. - P/B ratio (from 2016 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	2.63	-38.34%
2022-12-31	4.27	-11.06%
2021-12-31	4.80	-59.45%
2020-12-31	11.8	471.71%
2019-12-31	2.07	-50.9%
2018-12-31	4.22	-20.13%
2017-12-31	5.28	46.83%
2016-12-31	3.60

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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Witbe S.A. (ALWIT.PA) - P/B ratio