TietoEVRY (TIETO.HE)

P/B ratio as of November 2024 : 1.26

According to TietoEVRY's latest financial reports the company has a price-to-book ratio of 0.66192.
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.

TietoEVRY - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.58	-13.03%
2022-12-31	1.82	1.69%
2021-12-31	1.79	-8.64%
2020-12-31	1.96	0.66%
2019-12-31	1.94	-46.15%
2018-12-31	3.61	-9.87%
2017-12-31	4.00	1.74%
2016-12-31	3.93	4.51%
2015-12-31	3.76	12.72%
2014-12-31	3.34	43.91%
2013-12-31	2.32	13.82%
2012-12-31	2.04	45.7%
2011-12-31	1.40	-23.5%
2010-12-31	1.83	-9.21%
2009-12-31	2.01

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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TietoEVRY (TIETO.HE) - P/B ratio