California Resources Corporation (CRC)

P/B ratio as of November 2024 : 2.52

According to California Resources Corporation 's latest financial reports the company has a price-to-book ratio of 2.26318.
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.

California Resources Corporation - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.69	-1.4%
2022-12-31	1.71	-15.69%
2021-12-31	2.03	22.33%
2020-12-31	1.66
2019-12-31	N/A
2018-12-31	N/A
2017-12-31	N/A
2016-12-31	N/A
2015-12-31	N/A
2014-12-31	N/A
2013-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
W&T Offshore WTI	64.9	2,472.43%	🇺🇸 USA
Matador Resources MTDR	1.37	-45.62%	🇺🇸 USA

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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California Resources Corporation (CRC) - P/B ratio