Shimadzu (7701.T) - P/B ratio

P/B ratio as of November 2024 : 2.58

According to Shimadzu's latest financial reports the company has a price-to-book ratio of 2.40347.
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.

Shimadzu - P/B ratio (from 2008 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.56	-4.14%
2022-12-31	2.67	-32.53%
2021-12-31	3.95	4.21%
2020-12-31	3.79	11.78%
2019-12-31	3.39	46.21%
2018-12-31	2.32	-20.46%
2017-12-31	2.92	21.8%
2016-12-31	2.39	-12.67%
2015-12-31	2.74	50.64%
2014-12-31	1.82	14.54%
2013-12-31	1.59	49.15%
2012-12-31	1.07	-13.86%
2011-12-31	1.24	0.31%
2010-12-31	1.23	0.27%
2009-12-31	1.23	12.52%
2008-12-31	1.09

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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