Headwater Exploration (HWX.TO)

P/B ratio as of June 2026 : 3.71

According to Headwater Exploration's latest financial reports the company has a price-to-book ratio of 4.36989.
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.

Headwater Exploration - P/B ratio (from 2010 to 2026)

P/B ratio by year

Year	P/B ratio	Change
2026-12-31	N/A
2018-12-31	0.6367
2010-12-31	1.93
2004-12-31	N/A

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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Headwater Exploration (HWX.TO) - P/B ratio