HighPeak Energy (HPK)

P/B ratio as of November 2024 : 1.22

According to HighPeak Energy's latest financial reports the company has a price-to-book ratio of 1.62027.
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.

HighPeak Energy - 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	1.18	-46.77%
2022-12-31	2.21	-14.16%
2021-12-31	2.58	-16.77%
2020-12-31	3.10
2019-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Patterson-UTI Energy PTEN	0.9127	-25.24%	🇺🇸 USA
Transocean RIG	0.3716	-69.56%	🇨🇭 Switzerland

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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HighPeak Energy (HPK) - P/B ratio