Norsk Hydro (NHY.OL)

P/B ratio as of November 2024 : 1.28

According to Norsk Hydro 's latest financial reports the company has a price-to-book ratio of 0.703409.
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.

Norsk Hydro - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.29	-7.2%
2022-12-31	1.38	-14.16%
2021-12-31	1.61	52.98%
2020-12-31	1.05	32.67%
2019-12-31	0.7949	-10.09%
2018-12-31	0.8841	-35.72%
2017-12-31	1.38	42.14%
2016-12-31	0.9676	13.49%
2015-12-31	0.8526	-21.27%
2014-12-31	1.08	47.67%
2013-12-31	0.7334	-2.56%
2012-12-31	0.7526	12.96%
2011-12-31	0.6662	-43.44%
2010-12-31	1.18	2.83%
2009-12-31	1.15	100.75%
2008-12-31	0.5706	-63.69%
2007-12-31	1.57	-30.49%
2006-12-31	2.26	36.31%
2005-12-31	1.66	32.61%
2004-12-31	1.25	14.66%
2003-12-31	1.09	3.19%
2002-12-31	1.06

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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Norsk Hydro (NHY.OL) - P/B ratio