Spring Airlines (601021.SS)

P/B ratio as of October 2024 : 3.22

According to Spring Airlines 's latest financial reports the company has a price-to-book ratio of 2.64358.
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.

Spring Airlines - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.11	-31.59%
2022-12-31	4.54	19.91%
2021-12-31	3.79	1.52%
2020-12-31	3.73	39.83%
2019-12-31	2.67	21.86%
2018-12-31	2.19	-37.66%
2017-12-31	3.51	-12.55%
2016-12-31	4.02	-46.19%
2015-12-31	7.46
2014-12-31	N/A
2013-12-31	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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Spring Airlines (601021.SS) - P/B ratio