Technogym (TGYM.MI)

P/B ratio as of November 2024 : 5.56

According to Technogym's latest financial reports the company has a price-to-book ratio of 2.89032.
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.

Technogym - P/B ratio (from 2016 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	5.02	21.5%
2022-12-31	4.14	-24.3%
2021-12-31	5.46	-14.67%
2020-12-31	6.40	-28.52%
2019-12-31	8.96	-0.37%
2018-12-31	8.99	-25.95%
2017-12-31	12.1	17.49%
2016-12-31	10.3
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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Technogym (TGYM.MI) - P/B ratio