Dor Alon Energy In Israel (DRAL.TA)

P/B ratio as of October 2024 : 0.8546

According to Dor Alon Energy In Israel's latest financial reports the company has a price-to-book ratio of 0.159704.
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.

Dor Alon Energy In Israel - 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	0.8381	-21.74%
2022-12-31	1.07	-9.74%
2021-12-31	1.19	5.81%
2020-12-31	1.12	-5.16%
2019-12-31	1.18	32.55%
2018-12-31	0.8920	-9.52%
2017-12-31	0.9858	-9.34%
2016-12-31	1.09

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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Dor Alon Energy In Israel (DRAL.TA) - P/B ratio