Grindrod Shipping
GRIN
$13.63
Share price
-1.45%
Change (1 day)
79.82%
Change (1 year)
Categories
Grindrod Shipping (GRIN) - P/B ratio
P/B ratio as of June 2024 : 1.10
According to Grindrod Shipping's latest financial reports the company has a price-to-book ratio of 1.10.
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.
Grindrod Shipping - P/B ratio (from 2018 to 2021)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.7128 | -42.35% |
| 2022-12-31 | 1.24 | -12.28% |
| 2021-12-31 | 1.41 | 348.55% |
| 2020-12-31 | 0.3143 | -34.99% |
| 2019-12-31 | 0.4834 | 18.85% |
| 2018-12-31 | 0.4067 | |
| 2017-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Performance Shipping
PSHG | 0.1253 | -88.63% | 🇬🇷 Greece |