Pirelli (PIRC.MI) - P/B ratio

P/B ratio as of September 2024 : 0.9785

According to Pirelli 's latest financial reports the company has a price-to-book ratio of 0.9785.
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.

Pirelli - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.8761	19.86%
2022-12-31	0.7309	-39.66%
2021-12-31	1.21	24.37%
2020-12-31	0.9739	-8.55%
2019-12-31	1.06	-13.61%
2018-12-31	1.23	-29.1%
2017-12-31	1.74
2016-12-31	N/A
2015-12-31	N/A
2014-12-31	N/A
2013-12-31	N/A
2012-12-31	N/A
2011-12-31	N/A
2010-12-31	N/A
2009-12-31	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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