Festi hf. (FESTI.IC)

P/B ratio as of November 2024 : 2.02

According to Festi hf.'s latest financial reports the company has a price-to-book ratio of 0.559379.
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.

Festi hf. - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.89	9.29%
2022-12-31	1.73
2021-12-31	N/A
2020-12-31	N/A	-100%
2019-12-31	1.49	1.5%
2018-12-31	1.47
2017-12-31	N/A
2016-12-31	N/A	-100%
2015-12-31	6.73	32541.77%
2014-12-31	0.0206	65.19%
2013-12-31	0.0125
2012-12-31	N/A
2011-12-31	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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Festi hf. (FESTI.IC) - P/B ratio