Renold (RNO.L) - P/B ratio

P/B ratio as of October 2024 : 2.11

According to Renold's latest financial reports the company has a price-to-book ratio of 0.438672.
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.

Renold - P/B ratio (from 2003 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.48	4.68%
2022-12-31	1.41	-93.15%
2021-12-31	20.6	-884.3%
2020-12-31	-2.63	-41.65%
2019-12-31	-4.50	-150.28%
2018-12-31	8.95	-53.96%
2017-12-31	19.4	-202.72%
2016-12-31	-18.9	-272.13%
2015-12-31	11.0	50.56%
2014-12-31	7.31	76.59%
2013-12-31	4.14	304.39%
2012-12-31	1.02	-9.67%
2011-12-31	1.13	-53.28%
2010-12-31	2.42	0.46%
2009-12-31	2.41	586.81%
2008-12-31	0.3514	-84.21%
2007-12-31	2.23	-15.75%
2006-12-31	2.64	230.24%
2005-12-31	0.7999	-16.21%
2004-12-31	0.9546	36.45%
2003-12-31	0.6996

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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