VEON (VEON) - P/B ratio

P/B ratio as of November 2024 : 2.25

According to VEON's latest financial reports the company has a price-to-book ratio of 0.629125.
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.

VEON - P/B ratio (from 2010 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	1.29	130.45%
2022-12-31	0.5606	-71.79%
2021-12-31	1.99	-23.78%
2020-12-31	2.61	30.8%
2019-12-31	1.99	-38.2%
2018-12-31	3.23	-5.1%
2017-12-31	3.40	205.03%
2016-12-31	1.11	-24.36%
2015-12-31	1.47	-19.76%
2014-12-31	1.84	-26.32%
2013-12-31	2.49	116.39%
2012-12-31	1.15	11.99%
2011-12-31	1.03	-40.02%
2010-12-31	1.71
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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