Reece Group (REH.AX)

P/B ratio as of November 2024 : 3.87

According to Reece Group's latest financial reports the company has a price-to-book ratio of 1.7195.
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	4.11	51.04%
2022-12-31	2.72	-53.39%
2021-12-31	5.83	49.95%
2020-12-31	3.89	20.9%
2019-12-31	3.22	13.97%
2018-12-31	2.82	-32.76%
2017-12-31	4.20	1.04%
2016-12-31	4.16	19.06%
2015-12-31	3.49	1.4%
2014-12-31	3.44	-16.54%
2013-12-31	4.12	28.83%
2012-12-31	3.20	20.54%
2011-12-31	2.66	-40.92%
2010-12-31	4.50	-11.83%
2009-12-31	5.10	115.89%
2008-12-31	2.36	-62.91%
2007-12-31	6.37	14.31%
2006-12-31	5.57	26.54%
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