Owens Corning (OC) - P/B ratio

P/B ratio as of November 2024 : 2.99

According to Owens Corning 's latest financial reports the company has a price-to-book ratio of 1.7169.
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.

Owens Corning - P/B ratio (from 2006 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.53	44.99%
2022-12-31	1.74	-16.87%
2021-12-31	2.10	0.83%
2020-12-31	2.08	36.92%
2019-12-31	1.52	36.44%
2018-12-31	1.11	-54.22%
2017-12-31	2.43	61.92%
2016-12-31	1.50	4.16%
2015-12-31	1.44	27.54%
2014-12-31	1.13	-9.7%
2013-12-31	1.25	2.32%
2012-12-31	1.22	31.9%
2011-12-31	0.9280	-11.51%
2010-12-31	1.05	-8.69%
2009-12-31	1.15	43.97%
2008-12-31	0.7978	20.62%
2007-12-31	0.6614	-36.96%
2006-12-31	1.05
2005-12-31	N/A
2004-12-31	N/A
2003-12-31	N/A
2002-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Louisiana-Pacific LPX	4.82	61.43%	🇺🇸 USA
PPG Industries PPG	3.57	19.50%	🇺🇸 USA
Corning GLW	3.57	19.56%	🇺🇸 USA
Patrick Industries PATK	2.64	-11.54%	🇺🇸 USA
Aspen Aerogels ASPN	2.22	-25.75%	🇺🇸 USA
Dow DOW	1.67	-44.27%	🇺🇸 USA
Masco MAS	119	3,883.35%	🇺🇸 USA

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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