Takasago Thermal Engineering (1969.T)

P/B ratio as of December 2024 : 2.43

According to Takasago Thermal Engineering's latest financial reports the company has a price-to-book ratio of 1.08111.
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.

Takasago Thermal Engineering - P/B ratio (from 2008 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	2.40	76.02%
2023-12-31	1.37	64.51%
2022-12-31	0.8304	-13.63%
2021-12-31	0.9614	13.38%
2020-12-31	0.8479	-20.49%
2019-12-31	1.07	-0.64%
2018-12-31	1.07	-13.2%
2017-12-31	1.24	20.78%
2016-12-31	1.02	-17.13%
2015-12-31	1.24	7.29%
2014-12-31	1.15	62.09%
2013-12-31	0.7103	18.98%
2012-12-31	0.5970	-8.96%
2011-12-31	0.6557	-1.46%
2010-12-31	0.6655	-16.89%
2009-12-31	0.8007	0.29%
2008-12-31	0.7984

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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Takasago Thermal Engineering (1969.T) - P/B ratio