Nueva Expresión Textil (NXT.MC)

P/B ratio as of November 2024 : -2.59

According to Nueva Expresión Textil's latest financial reports the company has a price-to-book ratio of 1.61549.
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.

Nueva Expresión Textil - P/B ratio (from 2009 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	-3.44	-26.95%
2022-12-31	-4.72	5.98%
2021-12-31	-4.45	-31.62%
2020-12-31	-6.51	-98.17%
2019-12-31	-356	462.89%
2018-12-31	-63.2	-24.97%
2017-12-31	-84.3	-211.5%
2016-12-31	75.6	296.22%
2015-12-31	19.1	181.92%
2014-12-31	6.77
2013-12-31	N/A
2012-12-31	N/A
2011-12-31	N/A	-100%
2010-12-31	2.03	-86.42%
2009-12-31	14.9

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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Nueva Expresión Textil (NXT.MC) - P/B ratio