Hexagon Composites (HEX.OL)

P/B ratio as of November 2024 : 2.28

According to Hexagon Composites's latest financial reports the company has a price-to-book ratio of 1.89583.
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.

Hexagon Composites - 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	1.80	14.76%
2022-12-31	1.57	-16.82%
2021-12-31	1.89	-37.92%
2020-12-31	3.04	-0.73%
2019-12-31	3.06	17.39%
2018-12-31	2.61	-18.62%
2017-12-31	3.20	-4.5%
2016-12-31	3.36	-47.86%
2015-12-31	6.44	4.06%
2014-12-31	6.18	-49.93%
2013-12-31	12.4	437.93%
2012-12-31	2.30	86.24%
2011-12-31	1.23	-64.08%
2010-12-31	3.43	-31.53%
2009-12-31	5.01

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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Hexagon Composites (HEX.OL) - P/B ratio