Longfor Group (0960.HK)

P/B ratio as of December 2024 : 0.2581

According to Longfor Group's latest financial reports the company has a price-to-book ratio of 0.237607.
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.

Longfor Group - P/B ratio (from 2011 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.3154	-45.67%
2022-12-31	0.5806	524.35%
2021-12-31	0.0930	-25.58%
2020-12-31	0.1250	-7.24%
2019-12-31	0.1347	39.26%
2018-12-31	0.0967	-0.44%
2017-12-31	0.0972	16.36%
2016-12-31	0.0835	-21.61%
2015-12-31	0.1065	9.03%
2014-12-31	0.0977	-9.61%
2013-12-31	0.1081	-45.55%
2012-12-31	0.1985	38.22%
2011-12-31	0.1436
2010-12-31	N/A
2009-12-31	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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Longfor Group (0960.HK) - P/B ratio