ADS-TEC Energy (ADSE)

P/B ratio as of November 2024 : 18.8

According to ADS-TEC Energy's latest financial reports the company has a price-to-book ratio of 24.8027.
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.

ADS-TEC Energy - P/B ratio (from 2021 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	9.31	429.37%
2022-12-31	1.76	-56.71%
2021-12-31	4.06
2020-12-31	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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ADS-TEC Energy (ADSE) - P/B ratio