Gofore Oyj (GOFORE.HE)

P/B ratio as of January 2025 : 3.28

According to Gofore Oyj's latest financial reports the company has a price-to-book ratio of 1.79262.
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.

Gofore Oyj - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	3.22	-13.97%
2023-12-31	3.74	-13.24%
2022-12-31	4.32	-26.85%
2021-12-31	5.90	-11.57%
2020-12-31	6.67	105.89%
2019-12-31	3.24	-35.75%
2018-12-31	5.04	-1.04%
2017-12-31	5.10
2016-12-31	N/A

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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Gofore Oyj (GOFORE.HE) - P/B ratio