Telenor (TEL.OL) - P/B ratio

P/B ratio as of November 2024 : 2.10

According to Telenor's latest financial reports the company has a price-to-book ratio of 2.10309.
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.

Telenor - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.29	15.64%
2022-12-31	1.98	-67.78%
2021-12-31	6.16	32.45%
2020-12-31	4.65	-10.05%
2019-12-31	5.17	15.25%
2018-12-31	4.49	7.05%
2017-12-31	4.19	19.23%
2016-12-31	3.51	-0.37%
2015-12-31	3.53	2.25%
2014-12-31	3.45	21.75%
2013-12-31	2.83	24.97%
2012-12-31	2.27	27.28%
2011-12-31	1.78	10.81%
2010-12-31	1.61	1.78%
2009-12-31	1.58	82.26%
2008-12-31	0.8667	-70.32%
2007-12-31	2.92	-6.81%
2006-12-31	3.13	48.26%
2005-12-31	2.11	-10.57%
2004-12-31	2.36	23.48%
2003-12-31	1.91	51.38%
2002-12-31	1.26

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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