Tessellis (TSL.MI)

P/B ratio as of November 2024 : 2.40

According to Tessellis's latest financial reports the company has a price-to-book ratio of 0.301146.
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.

Tessellis - P/B ratio (from 2010 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	6.10	745.45%
2022-12-31	0.7216	-158.87%
2021-12-31	-1.23	-39.68%
2020-12-31	-2.03	162.23%
2019-12-31	-0.7750	-37.84%
2018-12-31	-1.25	12.28%
2017-12-31	-1.11	30.05%
2016-12-31	-0.8538	-42.88%
2015-12-31	-1.49	158.68%
2014-12-31	-0.5778	10.16%
2013-12-31	-0.5245	7.75%
2012-12-31	-0.4868	0.27%
2011-12-31	-0.4855	-70.17%
2010-12-31	-1.63

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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Tessellis (TSL.MI) - P/B ratio