Fortescue (FMG.AX)

P/B ratio as of December 2025 : 2.26

According to Fortescue's latest financial reports the company has a price-to-book ratio of 2.49518.
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.

Fortescue - P/B ratio (from 2022 to 2021)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	N/A	-100%
2024-12-31	1.81	-46.37%
2023-12-31	3.38	36.71%
2022-12-31	2.47	-23.22%
2021-12-31	3.22	-46.89%
2020-12-31	6.07	96.14%
2019-12-31	3.09	145.38%
2018-12-31	1.26	-20.38%
2017-12-31	1.58	-25.18%
2016-12-31	2.12	189.34%
2015-12-31	0.7315	-25.09%
2014-12-31	0.9765	-70.83%
2013-12-31	3.35	-14.27%
2012-12-31	3.91	-24.44%
2011-12-31	5.17	-56.99%
2010-12-31	12.0	-33.18%
2009-12-31	18.0	-3518.49%
2008-12-31	-0.5260	-94.51%
2007-12-31	-9.59	-139.08%
2006-12-31	24.5	41.01%
2005-12-31	17.4	-62.17%
2004-12-31	46.0	89.8%
2003-12-31	24.2	879.97%
2002-12-31	2.47

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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Fortescue (FMG.AX) - P/B ratio