Garo Aktiebolag (GARO.ST)

P/B ratio as of November 2024 : 1.57

According to Garo Aktiebolag's latest financial reports the company has a price-to-book ratio of 0.771419.
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.

Garo Aktiebolag - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.57	-59.62%
2022-12-31	8.84	-54.85%
2021-12-31	19.6	32.7%
2020-12-31	14.8	64.88%
2019-12-31	8.95	52.71%
2018-12-31	5.86	-15.61%
2017-12-31	6.94	-16.66%
2016-12-31	8.33
2015-12-31	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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Garo Aktiebolag (GARO.ST) - P/B ratio