United Bankers Oyj (UNITED.HE)

P/B ratio as of November 2024 : 3.55

According to United Bankers Oyj's latest financial reports the company has a price-to-book ratio of 3.97542.
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.

United Bankers Oyj - P/B ratio (from 2014 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	3.00	-0.16%
2022-12-31	3.01	-9.57%
2021-12-31	3.33	16.8%
2020-12-31	2.85	15.19%
2019-12-31	2.47	18.39%
2018-12-31	2.09	-21.74%
2017-12-31	2.67	-29.44%
2016-12-31	3.78	-5.73%
2015-12-31	4.01	27.79%
2014-12-31	3.14
2013-12-31	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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United Bankers Oyj (UNITED.HE) - P/B ratio