Coles Group (COL.AX)

P/B ratio as of September 2024 : 7.09

According to Coles Group 's latest financial reports the company has a price-to-book ratio of 7.09.
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.

Coles Group - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	6.57	-6.7%
2022-12-31	7.04	-14.72%
2021-12-31	8.26	-20.21%
2020-12-31	10.3	75.28%
2019-12-31	5.90

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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Coles Group (COL.AX) - P/B ratio