Toromont (TIH.TO) - P/B ratio

P/B ratio as of December 2024 : 3.01

According to Toromont's latest financial reports the company has a price-to-book ratio of 1.76718.
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.

Toromont - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	3.03	-15.13%
2023-12-31	3.57	2.84%
2022-12-31	3.47	-28.1%
2021-12-31	4.83	11.45%
2020-12-31	4.33
2019-12-31	N/A
2018-12-31	N/A
2017-12-31	N/A
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
2008-12-31	N/A
2007-12-31	N/A
2006-12-31	N/A
2005-12-31	N/A
2004-12-31	N/A
2003-12-31	N/A
2002-12-31	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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