Price to Book is defined as:
Price/Book = Market Cap / Common Equity
Applying this formula, HANJOO ART Co.LTD’s Price/Book is calculated below:
Market Capitalization [ ₩22.34 B ]
(/) Common Equity [ ₩26.697 B ]
(=) Price/Book [ 0.8x ]
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 HANJOO ART Co.LTD’s price/book over the last five years:
| Date |
Market Cap |
Book Value |
Price/Book |
| 2019-12-31 |
24.739 B |
10.63 B |
2.3 |
| 2020-12-31 |
20.312 B |
15.757 B |
1.3 |
| 2021-12-31 |
23.256 B |
17.369 B |
1.3 |
| 2022-12-31 |
34.801 B |
9.397 B |
3.7 |
| 2023-12-31 |
34.58 B |
20.33 B |
1.7 |
Click the link below to download a spreadsheet with an example Price/Book calculation for Hanjoo ART Co Ltd below: