Reece Group (REH.AX)

P/B ratio as of September 2024 : 4.84

According to Reece Group's latest financial reports the company has a price-to-book ratio of 4.84.
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.

Reece Group - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.08	50.77%
2022-12-31	2.71	-53.84%
2021-12-31	5.86	50.78%
2020-12-31	3.89	20.34%
2019-12-31	3.23	14.39%
2018-12-31	2.82	-32.96%
2017-12-31	4.21	0.8%
2016-12-31	4.18	20.35%
2015-12-31	3.47	0.75%
2014-12-31	3.45	-16.43%
2013-12-31	4.12	29.12%
2012-12-31	3.19	20.3%
2011-12-31	2.66	-40.05%
2010-12-31	4.43	-12.71%
2009-12-31	5.07	119.09%
2008-12-31	2.32	-63.61%
2007-12-31	6.36	13.51%
2006-12-31	5.61	27.36%
2005-12-31	4.40	-17.89%
2004-12-31	5.36	49.99%
2003-12-31	3.57	20.36%
2002-12-31	2.97

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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Reece Group (REH.AX) - P/B ratio