Electreon Wireless (ELWS.TA)

P/B ratio as of December 2024 : 12.6

According to Electreon Wireless's latest financial reports the company has a price-to-book ratio of 59.6305.
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.

Electreon Wireless - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	13.2	64.26%
2023-12-31	8.04	250.56%
2022-12-31	2.29	-81.19%
2021-12-31	12.2	-19.83%
2020-12-31	15.2	-74.37%
2019-12-31	59.3	1685.18%
2018-12-31	3.32	-114.68%
2017-12-31	-22.6	-1889.6%
2016-12-31	1.27

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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Electreon Wireless (ELWS.TA) - P/B ratio