Mitsui High-tec (6966.T)

P/B ratio as of November 2024 : 1.29

According to Mitsui High-tec's latest financial reports the company has a price-to-book ratio of 0.660953.
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.

Mitsui High-tec - 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	3.02	-0.1%
2022-12-31	3.03	-58.47%
2021-12-31	7.28	134.43%
2020-12-31	3.11	130.83%
2019-12-31	1.35	105.63%
2018-12-31	0.6546	-57.56%
2017-12-31	1.54	142.3%
2016-12-31	0.6366	1.71%
2015-12-31	0.6260	-4.37%
2014-12-31	0.6546	-3.34%
2013-12-31	0.6772	8.92%
2012-12-31	0.6217	76.55%
2011-12-31	0.3521	-27.92%
2010-12-31	0.4885	-30.4%
2009-12-31	0.7019

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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Mitsui High-tec (6966.T) - P/B ratio