Innergex Renewable Energy (INE.TO)

P/B ratio as of September 2024 : 1.36

According to Innergex Renewable Energy's latest financial reports the company has a price-to-book ratio of 1.36.
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.

Innergex Renewable Energy - P/B ratio (from 2007 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.56	-30.14%
2022-12-31	2.23	-15.23%
2021-12-31	2.64	-40.93%
2020-12-31	4.46	16.81%
2019-12-31	3.82	115.77%
2018-12-31	1.77	-48.93%
2017-12-31	3.47	10.72%
2016-12-31	3.13	25.36%
2015-12-31	2.50	22.77%
2014-12-31	2.03	33.6%
2013-12-31	1.52	8.05%
2012-12-31	1.41	-2.1%
2011-12-31	1.44	-12.62%
2010-12-31	1.65	141.47%
2009-12-31	0.6821	43.17%
2008-12-31	0.4765	-62.52%
2007-12-31	1.27

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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Innergex Renewable Energy (INE.TO) - P/B ratio