According to 3R Petroleum's latest financial reports the company has a price-to-book ratio of 1.63.
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.
Year | P/B ratio | Change |
---|---|---|
2022-12-31 | 1.82 | 11.85% |
2021-12-31 | 1.63 | -56.96% |
2020-12-31 | 3.78 |