Vietnam National Petroleum Group (PLX.VN)

P/B ratio as of December 2024 : 1.66

According to Vietnam National Petroleum Group's latest financial reports the company has a price-to-book ratio of 0.170597.
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.

Vietnam National Petroleum Group - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	1.69	12.59%
2023-12-31	1.50	3.54%
2022-12-31	1.45	-37.63%
2021-12-31	2.32	-15.72%
2020-12-31	2.76	7.23%
2019-12-31	2.57	-8.79%
2018-12-31	2.82	-24.12%
2017-12-31	3.72

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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Vietnam National Petroleum Group (PLX.VN) - P/B ratio