Tofaş Türk Otomobil Fabrikası (TOASO.IS)

P/B ratio as of November 2024 : 2.24

According to Tofaş Türk Otomobil Fabrikası's latest financial reports the company has a price-to-book ratio of 0.587196.
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.

Tofaş Türk Otomobil Fabrikası - 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	2.80	-12.36%
2022-12-31	3.19	-51.53%
2021-12-31	6.59	74.88%
2020-12-31	3.77	20.76%
2019-12-31	3.12	36.97%
2018-12-31	2.28	-50.79%
2017-12-31	4.63	10.6%
2016-12-31	4.19	14.09%
2015-12-31	3.67	3.11%
2014-12-31	3.56	0.85%
2013-12-31	3.53	39.26%
2012-12-31	2.53	52.46%
2011-12-31	1.66	-28.77%
2010-12-31	2.33	40.6%
2009-12-31	1.66

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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Tofaş Türk Otomobil Fabrikası (TOASO.IS) - P/B ratio