Cellnex Telecom (CLNX.MC)

P/B ratio as of February 2026 : 1.34

According to Cellnex Telecom 's latest financial reports the company has a price-to-book ratio of 3.93236.
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.

Cellnex Telecom - P/B ratio (from 2015 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	1.32	-6.13%
2024-12-31	1.41	-15.04%
2023-12-31	1.66	15.99%
2022-12-31	1.43	-34.78%
2021-12-31	2.19	-18.01%
2020-12-31	2.68	-8.55%
2019-12-31	2.93	-65.25%
2018-12-31	8.42	4.3%
2017-12-31	8.07	32.62%
2016-12-31	6.09	-18.13%
2015-12-31	7.44
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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Cellnex Telecom (CLNX.MC) - P/B ratio