Renascor Resources (RNU.AX)

P/B ratio as of October 2024 : 1.20

According to Renascor Resources's latest financial reports the company has a price-to-book ratio of 0.
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.

Renascor Resources - P/B ratio (from 2011 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	2.04	-63.55%
2022-12-31	5.61	-27.84%
2021-12-31	7.77	532.33%
2020-12-31	1.23	52.95%
2019-12-31	0.8037	-26.51%
2018-12-31	1.09	-45.14%
2017-12-31	1.99	-10.7%
2016-12-31	2.23	241.91%
2015-12-31	0.6529	41.27%
2014-12-31	0.4622	-60.94%
2013-12-31	1.18	54.67%
2012-12-31	0.7651	37.33%
2011-12-31	0.5571

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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Renascor Resources (RNU.AX) - P/B ratio