Indofood CBP (ICBP.JK)

P/B ratio as of September 2024 : 2.34

According to Indofood CBP's latest financial reports the company has a price-to-book ratio of 2.34.
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.

Indofood CBP - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.98	-1%
2022-12-31	2.00	8.54%
2021-12-31	1.85	-16.78%
2020-12-31	2.22	-54.48%
2019-12-31	4.88	-9.16%
2018-12-31	5.37	5.22%
2017-12-31	5.10	-5.95%
2016-12-31	5.42	13.12%
2015-12-31	4.79	-8.45%
2014-12-31	5.24	12.62%
2013-12-31	4.65

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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Indofood CBP (ICBP.JK) - P/B ratio