Scandinavian Enviro Systems (SES.ST)

P/B ratio as of December 2024 : 3.24

According to Scandinavian Enviro Systems's latest financial reports the company has a price-to-book ratio of 8.29199.
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.

Scandinavian Enviro Systems - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	3.16	-27.37%
2023-12-31	4.34	-41.32%
2022-12-31	7.40	42.31%
2021-12-31	5.20	-46.24%
2020-12-31	9.68	837.66%
2019-12-31	1.03	193.96%
2018-12-31	0.3511	-85.15%
2017-12-31	2.37	553.96%
2016-12-31	0.3616	-38.3%
2015-12-31	0.5861	-56.51%
2014-12-31	1.35
2013-12-31	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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Scandinavian Enviro Systems (SES.ST) - P/B ratio