VPBank (Vietnam Prosperity Joint Stock Commercial Bank) (VPB.VN)

P/B ratio as of November 2024 : 1.06

According to VPBank (Vietnam Prosperity Joint Stock Commercial Bank)'s latest financial reports the company has a price-to-book ratio of 2.51844.
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.

VPBank (Vietnam Prosperity Joint Stock Commercial Bank) - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.9220	-20.05%
2022-12-31	1.15	-37.48%
2021-12-31	1.84	22.06%
2020-12-31	1.51	30.83%
2019-12-31	1.16

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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VPBank (Vietnam Prosperity Joint Stock Commercial Bank) (VPB.VN) - P/B ratio