Piedmont Lithium (PLL)

P/B ratio as of December 2024 : 0.7509

According to Piedmont Lithium's latest financial reports the company has a price-to-book ratio of 4.57447.
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.

Piedmont Lithium - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	0.8361	-48.76%
2023-12-31	1.63	-44.37%
2022-12-31	2.93	-39.74%
2021-12-31	4.87	5.28%
2020-12-31	4.62	2.57%
2019-12-31	4.51	12.29%
2018-12-31	4.01	-46.7%
2017-12-31	7.53	-63.94%
2016-12-31	20.9	809.99%
2015-12-31	2.29	-13.95%
2014-12-31	2.67	-4.72%
2013-12-31	2.80	-21.91%
2012-12-31	3.58	58.83%
2011-12-31	2.26	-29%
2010-12-31	3.18	28.38%
2009-12-31	2.48	721.82%
2008-12-31	0.3012	-86.52%
2007-12-31	2.23	-80.77%
2006-12-31	11.6	3164.96%
2005-12-31	0.3559	-600.51%
2004-12-31	-0.0711	-246.78%
2003-12-31	0.0484	80.51%
2002-12-31	0.0268

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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Piedmont Lithium (PLL) - P/B ratio