Thurgauer Kantonalbank (TKBP.SW)

P/B ratio as of November 2024 : 0.2963

According to Thurgauer Kantonalbank's latest financial reports the company has a price-to-book ratio of 1.08461.
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.

Thurgauer Kantonalbank - P/B ratio (from 2015 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.2978	-4.96%
2022-12-31	0.3133	6.2%
2021-12-31	0.2950	-3.41%
2020-12-31	0.3055	-9.27%
2019-12-31	0.3367	2.13%
2018-12-31	0.3296	-6.33%
2017-12-31	0.3519	8.44%
2016-12-31	0.3245	4.68%
2015-12-31	0.3100
2014-12-31	N/A
2013-12-31	N/A
2012-12-31	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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Thurgauer Kantonalbank (TKBP.SW) - P/B ratio