Novolog (NVLG.TA) - P/B ratio

P/B ratio as of November 2024 : 2.29

According to Novolog's latest financial reports the company has a price-to-book ratio of 0.528723.
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.

Novolog - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.83	-39.61%
2022-12-31	3.03	-13.2%
2021-12-31	3.50	-27.39%
2020-12-31	4.81	62.19%
2019-12-31	2.97	-19.22%
2018-12-31	3.67	-44.74%
2017-12-31	6.65
2016-12-31	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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