Magnolia Oil & Gas (MGY)

P/B ratio as of November 2024 : 2.71

According to Magnolia Oil & Gas's latest financial reports the company has a price-to-book ratio of 4.05285.
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.

Magnolia Oil & Gas - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.34	-35.98%
2022-12-31	3.66	11.44%
2021-12-31	3.28	55.29%
2020-12-31	2.11	76.92%
2019-12-31	1.19	15.58%
2018-12-31	1.03	108.69%
2017-12-31	0.4953

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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Magnolia Oil & Gas (MGY) - P/B ratio