Telesat
TSAT
$7.80
Share price
-0.89%
Change (1 day)
-5.45%
Change (1 year)
Categories
Telesat (TSAT) - P/B ratio
P/B ratio as of May 2024 : 0.2225
According to Telesat's latest financial reports the company has a price-to-book ratio of 0.2225.
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.
Telesat - P/B ratio (from 2021 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.2900 | 6.17% |
| 2022-12-31 | 0.2731 | 7.23% |
| 2021-12-31 | 0.2547 |