Clean Energy Technologies (CETY)

P/B ratio as of December 2024 : 8.45

According to Clean Energy Technologies's latest financial reports the company has a price-to-book ratio of 5.65427.
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.

Clean Energy Technologies - P/B ratio (from 2006 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	8.28	-17.2%
2023-12-31	10.0	-81.9%
2022-12-31	55.3	-565.51%
2021-12-31	-11.9	83.04%
2020-12-31	-6.49	138.19%
2019-12-31	-2.72	137.45%
2018-12-31	-1.15	68.2%
2017-12-31	-0.6819	37.6%
2016-12-31	-0.4956	-95.32%
2015-12-31	-10.6	-79.5%
2014-12-31	-51.7	-1409.27%
2013-12-31	3.95
2012-12-31	N/A
2011-12-31	N/A	-100%
2010-12-31	22.2	-308.71%
2009-12-31	-10.6	97.46%
2008-12-31	-5.38	265.58%
2007-12-31	-1.47	-40.4%
2006-12-31	-2.47
2005-12-31	N/A
2004-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Siemens SIE.DE	2.57	-69.65%	🇩🇪 Germany

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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Clean Energy Technologies (CETY) - P/B ratio