Sarana Menara Nusantara (TOWR.JK)

P/B ratio as of November 2024 : 2.37

According to Sarana Menara Nusantara 's latest financial reports the company has a price-to-book ratio of 3.23895.
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.

Sarana Menara Nusantara - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.98	-20.42%
2022-12-31	3.75	-19.28%
2021-12-31	4.64	-1.65%
2020-12-31	4.72	2.37%
2019-12-31	4.61	5.79%
2018-12-31	4.36	-24.02%
2017-12-31	5.74	-6.66%
2016-12-31	6.15	-51.33%
2015-12-31	12.6	40.73%
2014-12-31	8.98	18.19%
2013-12-31	7.60	5.18%
2012-12-31	7.22

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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Sarana Menara Nusantara (TOWR.JK) - P/B ratio