Furukawa Electric (5801.T)

P/B ratio as of December 2024 : 1.31

According to Furukawa Electric's latest financial reports the company has a price-to-book ratio of 0.429484.
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.

Furukawa Electric - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	1.30	175.45%
2023-12-31	0.4723	-12.02%
2022-12-31	0.5368	-3.07%
2021-12-31	0.5538	-24.06%
2020-12-31	0.7293
2019-12-31	N/A
2018-12-31	N/A	-100%
2017-12-31	1.41	31.11%
2016-12-31	1.07
2015-12-31	N/A
2014-12-31	N/A
2013-12-31	N/A
2012-12-31	N/A	-100%
2011-12-31	0.6697
2010-12-31	N/A
2009-12-31	N/A
2008-12-31	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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Furukawa Electric (5801.T) - P/B ratio