Postal Savings Bank of China (601658.SS)

P/B ratio as of November 2024 : 0.5029

According to Postal Savings Bank of China 's latest financial reports the company has a price-to-book ratio of 2.17971.
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.

Postal Savings Bank of China - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.4293	-14.86%
2022-12-31	0.5043	-12.53%
2021-12-31	0.5765	-1.48%
2020-12-31	0.5852	-34.03%
2019-12-31	0.8870
2018-12-31	N/A
2017-12-31	N/A
2016-12-31	N/A
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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Postal Savings Bank of China (601658.SS) - P/B ratio