IHS Towers (IHS) - P/B ratio

P/B ratio as of November 2024 : -3.22

According to IHS Towers's latest financial reports the company has a price-to-book ratio of 0.509641.
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.

IHS Towers - P/B ratio (from 2021 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.41	194.23%
2022-12-31	1.50	-43.43%
2021-12-31	2.65
2020-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
American Tower AMT	9.25	-387.30%	🇺🇸 USA
Crown Castle CCI	8.69	-369.74%	🇺🇸 USA
China Tower 0788.HK	0.8418	-126.14%	🇨🇳 China

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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