Akastor ASA (AKAST.OL)

P/B ratio as of November 2024 : 0.6107

According to Akastor ASA's latest financial reports the company has a price-to-book ratio of 3.93108.
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.

Akastor ASA - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.7994	30.43%
2022-12-31	0.6129	73.64%
2021-12-31	0.3530	-32.67%
2020-12-31	0.5243	-15.12%
2019-12-31	0.6177	-24.72%
2018-12-31	0.8205	-2.66%
2017-12-31	0.8429	7.05%
2016-12-31	0.7874	78.69%
2015-12-31	0.4407	-29.41%
2014-12-31	0.6242	-71.69%
2013-12-31	2.20	-13.51%
2012-12-31	2.55	64.83%
2011-12-31	1.55	-41.36%
2010-12-31	2.64	18.36%
2009-12-31	2.23

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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Akastor ASA (AKAST.OL) - P/B ratio