Gentian Diagnostics ASA (GENT.OL)

P/B ratio as of December 2024 : 3.53

According to Gentian Diagnostics ASA's latest financial reports the company has a price-to-book ratio of 3.89836.
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.

Gentian Diagnostics ASA - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	3.45	-20.87%
2023-12-31	4.36	6.42%
2022-12-31	4.10	-35.45%
2021-12-31	6.35	47.19%
2020-12-31	4.32	-6.47%
2019-12-31	4.62	36.5%
2018-12-31	3.38	15.77%
2017-12-31	2.92	-42.84%
2016-12-31	5.11
2015-12-31	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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Gentian Diagnostics ASA (GENT.OL) - P/B ratio