According to Varta's latest financial reports the company has a price-to-book ratio of 2.01.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 5.26 | 39.35% |
2022-12-31 | 3.77 | -56.6% |
2021-12-31 | 8.69 | -9.21% |
2020-12-31 | 9.57 | -19.08% |
2019-12-31 | 11.8 | 222.91% |
2018-12-31 | 3.66 | 4.36% |
2017-12-31 | 3.51 | |
2016-12-31 | N/A | |
2012-12-31 | N/A | -100% |
2011-12-31 | 1.17 | -16.92% |
2010-12-31 | 1.40 | -17.94% |
2009-12-31 | 1.71 | 82.4% |
2008-12-31 | 0.9374 |