Nel ASA (NEL.OL) - P/B ratio

P/B ratio as of November 2024 : 0.9441

According to Nel ASA's latest financial reports the company has a price-to-book ratio of 2.94964.
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.

Nel ASA - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.86	-52.68%
2022-12-31	3.93	-10.88%
2021-12-31	4.41	-40.86%
2020-12-31	7.45	30.2%
2019-12-31	5.72	75.93%
2018-12-31	3.25	38.46%
2017-12-31	2.35	13.59%
2016-12-31	2.07	-53.71%
2015-12-31	4.47	101.84%
2014-12-31	2.21	137.05%
2013-12-31	0.9340	29.8%
2012-12-31	0.7196	-52.49%
2011-12-31	1.51	14.64%
2010-12-31	1.32	-36.03%
2009-12-31	2.07

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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