Tubos Reunidos (TRG.MC)

P/B ratio as of November 2024 : 17.6

According to Tubos Reunidos's latest financial reports the company has a price-to-book ratio of 0.304666.
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.

Tubos Reunidos - P/B ratio (from 2008 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	25.8	-3106.89%
2022-12-31	-0.8578	67.35%
2021-12-31	-0.5126	-58.69%
2020-12-31	-1.24	-355.12%
2019-12-31	0.4864	105.39%
2018-12-31	0.2368	-73.89%
2017-12-31	0.9069	9.56%
2016-12-31	0.8278	98.44%
2015-12-31	0.4172	-63.49%
2014-12-31	1.14	-7.91%
2013-12-31	1.24	-2.26%
2012-12-31	1.27	14.71%
2011-12-31	1.11
2009-12-31	1.64	8.36%
2008-12-31	1.51

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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Tubos Reunidos (TRG.MC) - P/B ratio