Tethys Oil (TETY.ST)

P/B ratio as of November 2024 : 0.6092

According to Tethys Oil's latest financial reports the company has a price-to-book ratio of 1.25576.
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.

Tethys Oil - 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	0.5382	-18.44%
2022-12-31	0.6598	-24.54%
2021-12-31	0.8744	14.97%
2020-12-31	0.7606	-32.25%
2019-12-31	1.12	21.59%
2018-12-31	0.9232	-22.56%
2017-12-31	1.19	-21.01%
2016-12-31	1.51	39.13%
2015-12-31	1.08	-16.17%
2014-12-31	1.29	-40.71%
2013-12-31	2.18	-0.93%
2012-12-31	2.20	-29.81%
2011-12-31	3.14	-35.43%
2010-12-31	4.86	-16.23%
2009-12-31	5.80
2008-12-31	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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Tethys Oil (TETY.ST) - P/B ratio