Menicon Co., Ltd. (7780.T)

P/B ratio as of January 2025 : 1.22

According to Menicon Co., Ltd.'s latest financial reports the company has a price-to-book ratio of 0.831783.
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.

Menicon Co., Ltd. - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	1.25	-43.84%
2023-12-31	2.23	-21.7%
2022-12-31	2.85	-28.48%
2021-12-31	3.98	-2.24%
2020-12-31	4.07
2019-12-31	N/A
2018-12-31	N/A	-100%
2017-12-31	2.70	65.83%
2016-12-31	1.63
2015-12-31	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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Menicon Co., Ltd. (7780.T) - P/B ratio