American Battery Technology Company (ABAT)

P/B ratio as of November 2024 : 1.08

According to American Battery Technology Company's latest financial reports the company has a price-to-book ratio of 193.062.
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.

American Battery Technology Company - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.46	-39.76%
2022-12-31	5.75	-52.95%
2021-12-31	12.2	-112.27%
2020-12-31	-99.6	11053.63%
2019-12-31	-0.8927	-89.05%
2018-12-31	-8.15	129.37%
2017-12-31	-3.55	-76.95%
2016-12-31	-15.4
2015-12-31	N/A
2014-12-31	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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American Battery Technology Company (ABAT) - P/B ratio