Demant (DEMANT.CO)

P/B ratio as of November 2024 : 5.96

According to Demant's latest financial reports the company has a price-to-book ratio of 2.47921.
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.

Demant - P/B ratio (from 2010 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	7.10	37.08%
2022-12-31	5.18	282.45%
2021-12-31	1.35	44.56%
2020-12-31	0.9369	6.04%
2019-12-31	0.8836	2.72%
2018-12-31	0.8602	7.59%
2017-12-31	0.7995	25.54%
2016-12-31	0.6368	-12.04%
2015-12-31	0.7240	17.88%
2014-12-31	0.6142	-22.13%
2013-12-31	0.7888	-12.87%
2012-12-31	0.9053	-17.74%
2011-12-31	1.10	-17.53%
2010-12-31	1.33

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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Demant (DEMANT.CO) - P/B ratio