Shanghai Commercial and Savings Bank (5876.TW)

P/B ratio as of November 2024 : 0.7509

According to Shanghai Commercial and Savings Bank's latest financial reports the company has a price-to-book ratio of 3.78262.
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.

Shanghai Commercial and Savings Bank - 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	0.9323	-0.89%
2022-12-31	0.9407	-6.81%
2021-12-31	1.01	12.69%
2020-12-31	0.8958	-21.3%
2019-12-31	1.14	23.23%
2018-12-31	0.9236	10.6%
2017-12-31	0.8351	23.01%
2016-12-31	0.6789	-14.57%
2015-12-31	0.7947	-17.37%
2014-12-31	0.9618
2013-12-31	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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Shanghai Commercial and Savings Bank (5876.TW) - P/B ratio