Carsales (CAR.AX) - P/B ratio

P/B ratio as of September 2024 : 4.89

According to Carsales's latest financial reports the company has a price-to-book ratio of 4.89.
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.

Carsales - P/B ratio (from 2010 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.84	-45.69%
2022-12-31	7.07	-3.21%
2021-12-31	7.31	-60.59%
2020-12-31	18.5	46.31%
2019-12-31	12.7	66.79%
2018-12-31	7.60	-40.91%
2017-12-31	12.9	25.49%
2016-12-31	10.3	-11.46%
2015-12-31	11.6	0.1%
2014-12-31	11.6	-25.4%
2013-12-31	15.5	13.62%
2012-12-31	13.6	40.66%
2011-12-31	9.70	-34.05%
2010-12-31	14.7

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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