Maytronics (MTRN.TA)

P/B ratio as of November 2024 : 1.29

According to Maytronics's latest financial reports the company has a price-to-book ratio of 0.644967.
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.

Maytronics - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	5.38	3.94%
2022-12-31	5.17	-63.72%
2021-12-31	14.3	31.86%
2020-12-31	10.8	40.47%
2019-12-31	7.70	23.42%
2018-12-31	6.24	7.2%
2017-12-31	5.82	10.98%
2016-12-31	5.24	28.19%
2015-12-31	4.09

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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Maytronics (MTRN.TA) - P/B ratio