China Lesso Group (2128.HK)

P/B ratio as of November 2024 : 0.4164

According to China Lesso Group's latest financial reports the company has a price-to-book ratio of 0.321068.
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.

China Lesso Group - P/B ratio (from 2010 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	0.4713	-52.31%
2022-12-31	0.9883	-24.1%
2021-12-31	1.30	-16.36%
2020-12-31	1.56	-4.27%
2019-12-31	1.63	129.51%
2018-12-31	0.7086	-25.25%
2017-12-31	0.9479	-21.73%
2016-12-31	1.21	-15.09%
2015-12-31	1.43	29.24%
2014-12-31	1.10	-38.23%
2013-12-31	1.79	-16.89%
2012-12-31	2.15	30.87%
2011-12-31	1.64	-58.78%
2010-12-31	3.98
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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China Lesso Group (2128.HK) - P/B ratio