TORM
TRMD
$34.65
Share price
1.82%
Change (1 day)
10.53%
Change (1 year)
TORM (TRMD) - P/B ratio
P/B ratio as of April 2024 : 1.94
According to TORM's latest financial reports the company has a price-to-book ratio of 1.94.
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.
TORM - P/B ratio (from 2009 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.57 | -7.55% |
| 2022-12-31 | 1.70 | 180.92% |
| 2021-12-31 | 0.6040 | 10.37% |
| 2020-12-31 | 0.5472 | -33.95% |
| 2019-12-31 | 0.8285 | 40.79% |
| 2018-12-31 | 0.5885 | -12.47% |
| 2017-12-31 | 0.6723 | -6.7% |
| 2016-12-31 | 0.7206 | -22.85% |
| 2015-12-31 | 0.9339 | 1266.06% |
| 2014-12-31 | 0.0684 | -95.35% |
| 2013-12-31 | 1.47 | 76.25% |
| 2012-12-31 | 0.8345 | |
| 2011-12-31 | N/A | -100% |
| 2010-12-31 | 0.4339 | -20.45% |
| 2009-12-31 | 0.5454 |