The a2 Milk Company (A2M.AX)

P/B ratio as of December 2025 : 5.10

According to The a2 Milk Company 's latest financial reports the company has a price-to-book ratio of 4.35218.
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.

The a2 Milk Company - P/B ratio (from 2019 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	N/A	-100%
2024-12-31	3.40	14.18%
2023-12-31	2.98	-34.27%
2022-12-31	4.53	60.95%
2021-12-31	2.81	-58.95%
2020-12-31	6.85	-29.6%
2019-12-31	9.74
2015-12-31	16.0
2014-12-31	N/A
2013-12-31	N/A
2012-12-31	N/A
2011-12-31	N/A
2010-12-31	N/A
2008-12-31	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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The a2 Milk Company (A2M.AX) - P/B ratio