Hennessy Advisors (HNNA)

P/B ratio as of December 2024 : 1.02

According to Hennessy Advisors's latest financial reports the company has a price-to-book ratio of 3.13879.
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.

Hennessy Advisors - P/B ratio (from 2002 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	0.9901	69.52%
2023-12-31	0.5841	-20.45%
2022-12-31	0.7342	-22.23%
2021-12-31	0.9441	19.49%
2020-12-31	0.7901	-19.57%
2019-12-31	0.9823	-8.62%
2018-12-31	1.08	-50.34%
2017-12-31	2.16	-45.22%
2016-12-31	3.95	-30.48%
2015-12-31	5.68	69.03%
2014-12-31	3.36	50.94%
2013-12-31	2.23	127.94%
2012-12-31	0.9774	53.76%
2011-12-31	0.6357	-10.76%
2010-12-31	0.7123	1.85%
2009-12-31	0.6994	49.93%
2008-12-31	0.4665	-83.58%
2007-12-31	2.84	-34.07%
2006-12-31	4.31	2.37%
2005-12-31	4.21	9.52%
2004-12-31	3.84	4.02%
2003-12-31	3.70	44.7%
2002-12-31	2.55

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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Hennessy Advisors (HNNA) - P/B ratio