Piovan S.p.A. (PVN.MI)

P/B ratio as of November 2024 : 3.85

According to Piovan S.p.A.'s latest financial reports the company has a price-to-book ratio of 1.20998.
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.

Piovan S.p.A. - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.19	4.4%
2022-12-31	3.05	-43.53%
2021-12-31	5.41	62.33%
2020-12-31	3.33	-27.3%
2019-12-31	4.58	-35.72%
2018-12-31	7.13
2017-12-31	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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Piovan S.p.A. (PVN.MI) - P/B ratio