HELLA (HLE.F) - P/B ratio

P/B ratio as of September 2024 : 3.22

According to HELLA's latest financial reports the company has a price-to-book ratio of 3.22.
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.

HELLA - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.16	1.88%
2022-12-31	3.11	12.53%
2021-12-31	2.76	-1.91%
2020-12-31	2.81	38.04%
2019-12-31	2.04	45.47%
2018-12-31	1.40	-44.69%
2017-12-31	2.53	32.08%
2016-12-31	1.92	-16.59%
2015-12-31	2.30	3.2%
2014-12-31	2.23
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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