TORM (TRMD) - P/B ratio

P/B ratio as of November 2024 : 1.14

According to TORM's latest financial reports the company has a price-to-book ratio of 1.43483.
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.

TORM - 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	1.57	-7.55%
2022-12-31	1.70	180.92%
2021-12-31	0.6040	10.37%
2020-12-31	0.5472	-33.95%
2019-12-31	0.8285	40.79%
2018-12-31	0.5885	-12.47%
2017-12-31	0.6723	-6.7%
2016-12-31	0.7206	-22.85%
2015-12-31	0.9339	1266.06%
2014-12-31	0.0684	-95.35%
2013-12-31	1.47	76.25%
2012-12-31	0.8345
2011-12-31	N/A	-100%
2010-12-31	0.4339	-20.45%
2009-12-31	0.5454

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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