Gudang Garam (GGRM.JK)

P/B ratio as of November 2024 : 0.3860

According to Gudang Garam 's latest financial reports the company has a price-to-book ratio of 0.222165.
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.

Gudang Garam - 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	0.6421	-8.87%
2022-12-31	0.7046	1145376.27%
2021-12-31	0.0001	-20.27%
2020-12-31	0.0001	-39.87%
2019-12-31	0.0001	-40.03%
2018-12-31	0.0002	-9.22%
2017-12-31	0.0002	7.68%
2016-12-31	0.0002	19.19%
2015-12-31	0.0002	-21.21%
2014-12-31	0.0002	42.91%
2013-12-31	0.0002	-48.55%
2012-12-31	0.0003	-24.12%
2011-12-31	0.0004	40.28%
2010-12-31	0.0003	78.26%
2009-12-31	0.0002

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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Gudang Garam (GGRM.JK) - P/B ratio