Bank Jago (ARTO.JK)

P/B ratio as of November 2024 : 4.26

According to Bank Jago 's latest financial reports the company has a price-to-book ratio of 26.0118.
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.

Bank Jago - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.81	-22.02%
2022-12-31	6.16	-77.07%
2021-12-31	26.9	-29.06%
2020-12-31	37.9	597.02%
2019-12-31	5.43	182.96%
2018-12-31	1.92	31.94%
2017-12-31	1.46	10.7%
2016-12-31	1.32

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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Bank Jago (ARTO.JK) - P/B ratio