Mynet (3928.T) - P/B ratio

P/B ratio as of November 2024 : 1.97

According to Mynet's latest financial reports the company has a price-to-book ratio of 0.332083.
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.

Mynet - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.27	-26.73%
2022-12-31	3.09	65.28%
2021-12-31	1.87	-36.56%
2020-12-31	2.95	-32.7%
2019-12-31	4.39	7.6%
2018-12-31	4.08	105.34%
2017-12-31	1.98	-55.1%
2016-12-31	4.42

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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