Meridian Energy (MEZ.AX)

P/B ratio as of November 2024 : 1.84

According to Meridian Energy's latest financial reports the company has a price-to-book ratio of 4.7503.
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.

Meridian Energy - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.49	-2.8%
2022-12-31	2.56	9.5%
2021-12-31	2.34	-44.34%
2020-12-31	4.20	78.64%
2019-12-31	2.35	31.29%
2018-12-31	1.79	25.24%
2017-12-31	1.43	10.84%
2016-12-31	1.29	-0.02%
2015-12-31	1.29	15.78%
2014-12-31	1.12

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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Meridian Energy (MEZ.AX) - P/B ratio