PermRock Royalty Trust (PRT)

P/B ratio as of September 2024 : 0.6494

According to PermRock Royalty Trust's latest financial reports the company has a price-to-book ratio of 0.6494.
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.

PermRock Royalty Trust - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.6995	-39.57%
2022-12-31	1.16	15.28%
2021-12-31	1.00	181.15%
2020-12-31	0.3571	-51.11%
2019-12-31	0.7305	-6.5%
2018-12-31	0.7813

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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PermRock Royalty Trust (PRT) - P/B ratio