Arconic (ARNC) - P/B ratio

P/B ratio as of November 2024 : 2.03

According to Arconic's latest financial reports the company has a price-to-book ratio of 0.369657.
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.

Arconic - P/B ratio (from 2020 to 2022)

P/B ratio by year

Year	P/B ratio	Change
2022-12-31	1.58	-29.82%
2021-12-31	2.25	0.31%
2020-12-31	2.25
2019-12-31	N/A
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Arconic ARNC	2.03	0.00%	🇺🇸 USA
Reynolds Consumer REYN	2.79	37.45%	🇺🇸 USA

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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