Toray Industries (3402.T)

P/B ratio as of November 2024 : 0.7982

According to Toray Industries 's latest financial reports the company has a price-to-book ratio of 0.578958.
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.

Toray Industries - P/B ratio (from 2008 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.6655	-6.83%
2022-12-31	0.7143	-6.06%
2021-12-31	0.7604	-4.04%
2020-12-31	0.7924	-16.83%
2019-12-31	0.9528	-6.53%
2018-12-31	1.02	-27.43%
2017-12-31	1.40	0.06%
2016-12-31	1.40	-16.9%
2015-12-31	1.69	6.46%
2014-12-31	1.59	19.87%
2013-12-31	1.32	9.08%
2012-12-31	1.21	-11.65%
2011-12-31	1.37	10.04%
2010-12-31	1.25	-10.67%
2009-12-31	1.40	25.23%
2008-12-31	1.12

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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Toray Industries (3402.T) - P/B ratio