Telia Company (TELIA.ST)

P/B ratio as of November 2024 : 1.97

According to Telia Company's latest financial reports the company has a price-to-book ratio of 1.30542.
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.

Telia Company - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.77	14.32%
2022-12-31	1.55	-10.55%
2021-12-31	1.73	-20.76%
2020-12-31	2.19	21.64%
2019-12-31	1.80	3.71%
2018-12-31	1.73	17.64%
2017-12-31	1.47	-11.09%
2016-12-31	1.66	-7.26%
2015-12-31	1.79	-4.69%
2014-12-31	1.88	-8.66%
2013-12-31	2.05	17.42%
2012-12-31	1.75	8.04%
2011-12-31	1.62	-10.29%
2010-12-31	1.80	10.42%
2009-12-31	1.63

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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Telia Company (TELIA.ST) - P/B ratio