Spirax-Sarco Engineering (SPX.L)

P/B ratio as of November 2024 : 4.24

According to Spirax-Sarco Engineering's latest financial reports the company has a price-to-book ratio of 3.21169.
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.

Spirax-Sarco Engineering - P/B ratio (from 2001 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	6.70	-0.08%
2022-12-31	6.70	-42.82%
2021-12-31	11.7	19.91%
2020-12-31	9.78	23.23%
2019-12-31	7.93	32.35%
2018-12-31	5.99	-11.14%
2017-12-31	6.75	15.47%
2016-12-31	5.84	-3.23%
2015-12-31	6.04	22.72%
2014-12-31	4.92	-11.92%
2013-12-31	5.58	27.83%
2012-12-31	4.37	21.15%
2011-12-31	3.61	-8.29%
2010-12-31	3.93	27.61%
2009-12-31	3.08	32.23%
2008-12-31	2.33	-15.26%
2007-12-31	2.75	-28.86%
2006-12-31	3.87	13.09%
2005-12-31	3.42	16.74%
2004-12-31	2.93	18.81%
2003-12-31	2.46	19.61%
2002-12-31	2.06

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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Spirax-Sarco Engineering (SPX.L) - P/B ratio