RENOVA, Inc. (9519.T)

P/B ratio as of December 2024 : 0.5925

According to RENOVA, Inc.'s latest financial reports the company has a price-to-book ratio of 1.35742.
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.

RENOVA, Inc. - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	0.6217	-39.85%
2023-12-31	1.03	-60.87%
2022-12-31	2.64	-19.71%
2021-12-31	3.29	-83.03%
2020-12-31	19.4	291.41%
2019-12-31	4.95	-10.8%
2018-12-31	5.55	176.53%
2017-12-31	2.01
2016-12-31	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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RENOVA, Inc. (9519.T) - P/B ratio