Legal & General (LGEN.L)

P/B ratio as of November 2024 : 2.63

According to Legal & General's latest financial reports the company has a price-to-book ratio of 0.34522.
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.

Legal & General - P/B ratio (from 2001 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	3.14	16.43%
2022-12-31	2.70	-17.74%
2021-12-31	3.28	105.71%
2020-12-31	1.59	-19.81%
2019-12-31	1.99	24.9%
2018-12-31	1.59	-25.39%
2017-12-31	2.13	5.81%
2016-12-31	2.02	-15.3%
2015-12-31	2.38	1.56%
2014-12-31	2.34	5.06%
2013-12-31	2.23	42%
2012-12-31	1.57	34.4%
2011-12-31	1.17	0.38%
2010-12-31	1.16	3.47%
2009-12-31	1.13	-6.69%
2008-12-31	1.21	-17.53%
2007-12-31	1.46	-17%
2006-12-31	1.76	9.84%
2005-12-31	1.60	-12.81%
2004-12-31	1.84	-8.33%
2003-12-31	2.01	2.39%
2002-12-31	1.96

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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Legal & General (LGEN.L) - P/B ratio