Troax Group AB (TROAX.ST)

P/B ratio as of November 2024 : 5.84

According to Troax Group AB's latest financial reports the company has a price-to-book ratio of 3.798.
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.

Troax Group AB - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	8.69	37.33%
2022-12-31	6.33	-66.69%
2021-12-31	19.0	89.63%
2020-12-31	10.0	38.5%
2019-12-31	7.23	20.57%
2018-12-31	6.00	-26.88%
2017-12-31	8.21	33.09%
2016-12-31	6.16	36.02%
2015-12-31	4.53
2014-12-31	N/A

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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Troax Group AB (TROAX.ST) - P/B ratio