Grupo Elektra (XEKT.MC)

P/B ratio as of September 2024 : 2.62

According to Grupo Elektra 's latest financial reports the company has a price-to-book ratio of 2.62.
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.

Grupo Elektra - 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	2.93	-1.73%
2022-12-31	2.99	-17.68%
2021-12-31	3.63	5.72%
2020-12-31	3.43	-1.85%
2019-12-31	3.50	26.33%
2018-12-31	2.77	18.91%
2017-12-31	2.33	122.85%
2016-12-31	1.04	-41.82%
2015-12-31	1.79	-28.81%
2014-12-31	2.52	5.98%
2013-12-31	2.38	-19.86%
2012-12-31	2.97	-39.98%
2011-12-31	4.95	45.8%
2010-12-31	3.39	-22.78%
2009-12-31	4.39

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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Grupo Elektra (XEKT.MC) - P/B ratio