GLP J-REIT (3281.T)

P/B ratio as of November 2024 : 1.24

According to GLP J-REIT's latest financial reports the company has a price-to-book ratio of 10.776.
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.

GLP J-REIT - P/B ratio (from 2013 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	1.52	-15.37%
2022-12-31	1.79	-12.72%
2021-12-31	2.05	4.31%
2020-12-31	1.97	24.25%
2019-12-31	1.58	0.58%
2018-12-31	1.58	-0.05%
2017-12-31	1.58	-13.48%
2016-12-31	1.82	-1.47%
2015-12-31	1.85	-11.45%
2014-12-31	2.09	14.52%
2013-12-31	1.82

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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GLP J-REIT (3281.T) - P/B ratio