Snam (SRG.MI) - P/B ratio

P/B ratio as of November 2024 : 1.85

According to Snam's latest financial reports the company has a price-to-book ratio of 3.42384.
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.

Snam - 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	2.04	1.67%
2022-12-31	2.01	-16.25%
2021-12-31	2.40	3.04%
2020-12-31	2.32	-5.7%
2019-12-31	2.47	17.05%
2018-12-31	2.11	-6.06%
2017-12-31	2.24	5.78%
2016-12-31	2.12	-4.87%
2015-12-31	2.23	11.38%
2014-12-31	2.00	-12.75%
2013-12-31	2.29	8.09%
2012-12-31	2.12	7.02%
2011-12-31	1.98	-6.65%
2010-12-31	2.12	3.37%
2009-12-31	2.05

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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