Ultimate Products (ULTP.L)

P/B ratio as of November 2024 : 2.10

According to Ultimate Products's latest financial reports the company has a price-to-book ratio of 0.622734.
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.

Ultimate Products - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.90	-13.82%
2022-12-31	3.36	-39.07%
2021-12-31	5.52	-28.06%
2020-12-31	7.67	2.05%
2019-12-31	7.52	105.86%
2018-12-31	3.65
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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Ultimate Products (ULTP.L) - P/B ratio