Glory Ltd. (6457.T)

P/B ratio as of December 2024 : 0.6130

According to Glory Ltd.'s latest financial reports the company has a price-to-book ratio of 0.364889.
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.

Glory Ltd. - P/B ratio (from 2008 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	0.6114	-16.61%
2023-12-31	0.7332	19.87%
2022-12-31	0.6116	-7.65%
2021-12-31	0.6623	-4.72%
2020-12-31	0.6951	-29.19%
2019-12-31	0.9817	23.53%
2018-12-31	0.7947	-43.7%
2017-12-31	1.41	8.12%
2016-12-31	1.31	10.02%
2015-12-31	1.19	10%
2014-12-31	1.08	12.5%
2013-12-31	0.9590	19.56%
2012-12-31	0.8021	12.02%
2011-12-31	0.7161	-20.03%
2010-12-31	0.8954	-11.15%
2009-12-31	1.01	14.87%
2008-12-31	0.8773

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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Glory Ltd. (6457.T) - P/B ratio