Thule Group AB (THULE.ST)

P/B ratio as of November 2024 : 4.52

According to Thule Group AB's latest financial reports the company has a price-to-book ratio of 3.5138.
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.

Thule Group AB - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.24	21.99%
2022-12-31	3.47	-64.74%
2021-12-31	9.85	60.91%
2020-12-31	6.12
2019-12-31	N/A
2018-12-31	N/A	-100%
2017-12-31	5.44	44.7%
2016-12-31	3.76
2015-12-31	N/A
2014-12-31	N/A
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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Thule Group AB (THULE.ST) - P/B ratio