Gulf Energy Development Public Company (GULF.BK)

P/B ratio as of December 2024 : 4.45

According to Gulf Energy Development Public Company's latest financial reports the company has a price-to-book ratio of 5.88001.
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.

Gulf Energy Development Public Company - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	4.51	24.31%
2023-12-31	3.63	-23.73%
2022-12-31	4.75	-4.77%
2021-12-31	4.99	-10.44%
2020-12-31	5.58
2019-12-31	N/A
2018-12-31	N/A
2017-12-31	N/A
2016-12-31	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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Gulf Energy Development Public Company (GULF.BK) - P/B ratio