Italgas (IG.MI) - P/B ratio

P/B ratio as of November 2024 : 1.69

According to Italgas's latest financial reports the company has a price-to-book ratio of 2.01414.
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.

Italgas - P/B ratio (from 2017 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	1.62	-7.35%
2022-12-31	1.75	-23.5%
2021-12-31	2.29	7.5%
2020-12-31	2.13	-13.3%
2019-12-31	2.45	-19.3%
2018-12-31	3.04	-12.04%
2017-12-31	3.46

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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