LONGi Green Energy Technology (601012.SS)

P/B ratio as of November 2024 : 2.25

According to LONGi Green Energy Technology's latest financial reports the company has a price-to-book ratio of 1.53942.
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.

LONGi Green Energy Technology - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.44	-52.18%
2022-12-31	5.11	-47.88%
2021-12-31	9.81	0.37%
2020-12-31	9.77	195.13%
2019-12-31	3.31	14.45%
2018-12-31	2.89	-43.08%
2017-12-31	5.08	91.87%
2016-12-31	2.65	-38.08%
2015-12-31	4.28	24.33%
2014-12-31	3.44	24.04%
2013-12-31	2.77	121.09%
2012-12-31	1.25
2011-12-31	N/A
2010-12-31	N/A

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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LONGi Green Energy Technology (601012.SS) - P/B ratio