Lite-On Technology (2301.TW)

P/B ratio as of November 2024 : 2.62

According to Lite-On Technology's latest financial reports the company has a price-to-book ratio of 1.67221.
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.

Lite-On Technology - P/B ratio (from 2010 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.17	77.18%
2022-12-31	1.79	-10.46%
2021-12-31	2.00	28.1%
2020-12-31	1.56	1.59%
2019-12-31	1.54	21.59%
2018-12-31	1.26	-1.22%
2017-12-31	1.28	-10.22%
2016-12-31	1.42	54.42%
2015-12-31	0.9226	-13.32%
2014-12-31	1.06	-23.16%
2013-12-31	1.39	41.72%
2012-12-31	0.9775	13.04%
2011-12-31	0.8647	-17.68%
2010-12-31	1.05

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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Lite-On Technology (2301.TW) - P/B ratio