Mineral Resources (MIN.AX)

P/B ratio as of November 2024 : 2.07

According to Mineral Resources's latest financial reports the company has a price-to-book ratio of 1.57092.
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.

Mineral Resources - P/B ratio (from 2007 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.99	-9.74%
2022-12-31	4.42	41.28%
2021-12-31	3.13	-8.98%
2020-12-31	3.44	53.77%
2019-12-31	2.24	5.89%
2018-12-31	2.11	-40.27%
2017-12-31	3.54	62.54%
2016-12-31	2.18	229.34%
2015-12-31	0.6609	-38.96%
2014-12-31	1.08	-48.89%
2013-12-31	2.12	6.36%
2012-12-31	1.99	-35.13%
2011-12-31	3.07	-40.48%
2010-12-31	5.16	-35.73%
2009-12-31	8.03	363.35%
2008-12-31	1.73	-82.71%
2007-12-31	10.0

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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Mineral Resources (MIN.AX) - P/B ratio