Nordea Bank (NDA-FI.HE)

P/B ratio as of November 2024 : 1.11

According to Nordea Bank's latest financial reports the company has a price-to-book ratio of 2.95638.
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.

Nordea Bank - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.27	7.36%
2022-12-31	1.18	-7.91%
2021-12-31	1.28	60.48%
2020-12-31	0.7974	-13.81%
2019-12-31	0.9253	4.02%
2018-12-31	0.8895	-26.87%
2017-12-31	1.22	-8.04%
2016-12-31	1.32	0.37%
2015-12-31	1.32	1.45%
2014-12-31	1.30	-3.78%
2013-12-31	1.35	30.06%
2012-12-31	1.04	12.95%
2011-12-31	0.9189	-31.65%
2010-12-31	1.34	5.01%
2009-12-31	1.28

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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Nordea Bank (NDA-FI.HE) - P/B ratio