Gränges (GRNG.ST)

P/B ratio as of October 2024 : 1.38

According to Gränges's latest financial reports the company has a price-to-book ratio of 0.586933.
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.

Gränges - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.40	26.67%
2022-12-31	1.11	-32.09%
2021-12-31	1.63	-8.81%
2020-12-31	1.78	3.01%
2019-12-31	1.73	10.35%
2018-12-31	1.57	-18.01%
2017-12-31	1.91	-12.25%
2016-12-31	2.18	4.4%
2015-12-31	2.09	17.33%
2014-12-31	1.78

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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Gränges (GRNG.ST) - P/B ratio