Ålandsbanken (ALBAV.HE)

P/B ratio as of November 2024 : 1.51

According to Ålandsbanken's latest financial reports the company has a price-to-book ratio of 2.29939.
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.

Ålandsbanken - 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	1.42	-19.79%
2022-12-31	1.77	18.16%
2021-12-31	1.50	32.97%
2020-12-31	1.13	12.13%
2019-12-31	1.01	19.72%
2018-12-31	0.8415	-8.94%
2017-12-31	0.9242	-7.52%
2016-12-31	0.9994	-12.24%
2015-12-31	1.14	40.2%
2014-12-31	0.8122	12.14%
2013-12-31	0.7243
2012-12-31	N/A	-100%
2011-12-31	0.7640	-57.78%
2010-12-31	1.81	-11.41%
2009-12-31	2.04

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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Ålandsbanken (ALBAV.HE) - P/B ratio