Price to Book is defined as:
Price/Book = Market Cap / Common Equity
Applying this formula, Sampo Oyj’s Price/Book is calculated below:
Market Capitalization [ €23.844 B ]
(/) Common Equity [ €7.059 B ]
(=) Price/Book [ 3.4x ]
Price / Book (P/B) also known as the price-to-book ratio, or P/B ratio, is a financial ratio that compares a company’s current market cap to its book value. It is the inverse of Book to Market and the same as Market Cap / Book Value.
The tables below summarizes the trend in Sampo Oyj’s price/book over the last five years:
| Date |
Market Cap |
Book Value |
Price/Book |
| 2020-12-31 |
18.736 B |
11.418 B |
1.6 |
| 2021-12-31 |
24.756 B |
12.788 B |
1.9 |
| 2022-12-31 |
26.833 B |
9.618 B |
2.8 |
| 2023-12-31 |
21.273 B |
7.263 B |
2.9 |
| 2024-12-31 |
23.844 B |
7.059 B |
3.4 |
Click the link below to download a spreadsheet with an example Price/Book calculation for Sampo Oyj below: