TF Bank AB (TFBANK.ST)

P/B ratio as of November 2024 : 2.46

According to TF Bank AB's latest financial reports the company has a price-to-book ratio of 2.88315.
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.

TF Bank AB - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.70	-22.37%
2022-12-31	2.18	-36.68%
2021-12-31	3.45	100.28%
2020-12-31	1.72	-38.46%
2019-12-31	2.80	31.36%
2018-12-31	2.13	-39.45%
2017-12-31	3.52	-14.67%
2016-12-31	4.12
2015-12-31	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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TF Bank AB (TFBANK.ST) - P/B ratio