Sjóvá-Almennar tryggingar (SJOVA.IC)

P/B ratio as of December 2024 : 3.25

According to Sjóvá-Almennar tryggingar's latest financial reports the company has a price-to-book ratio of 2.03191.
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.

Sjóvá-Almennar tryggingar - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	3.22	21.63%
2023-12-31	2.65	11.97%
2022-12-31	2.37
2021-12-31	N/A
2020-12-31	N/A
2019-12-31	N/A	-100%
2018-12-31	1.51	-7.33%
2017-12-31	1.63	20.77%
2016-12-31	1.35	10.81%
2015-12-31	1.22	27.72%
2014-12-31	0.9517
2013-12-31	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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Sjóvá-Almennar tryggingar (SJOVA.IC) - P/B ratio