Ocean Power Technologies (OPTT) - P/B ratio

P/B ratio as of November 2024 : 0.6760

According to Ocean Power Technologies 's latest financial reports the company has a price-to-book ratio of 2.71554.
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.

Ocean Power Technologies - P/B ratio (from 2007 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.5869	37.04%
2022-12-31	0.4283	-62.31%
2021-12-31	1.14	-81.28%
2020-12-31	6.07	891.68%
2019-12-31	0.6120	-65.9%
2018-12-31	1.79	34%
2017-12-31	1.34	-30.87%
2016-12-31	1.94	320.1%
2015-12-31	0.4612	-17.21%
2014-12-31	0.5571	-64.78%
2013-12-31	1.58	67.38%
2012-12-31	0.9451	29.8%
2011-12-31	0.7281	-33.73%
2010-12-31	1.10	-8.01%
2009-12-31	1.19	58.58%
2008-12-31	0.7531	-50.26%
2007-12-31	1.51
2006-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Capstone Green Energy CGRN	6.22	820.45%	🇺🇸 USA
Broadwind BWEN	0.5804	-14.14%	🇺🇸 USA
General Electric GE	10.1	1,397.62%	🇺🇸 USA
Lockheed Martin LMT	17.8	2,539.52%	🇺🇸 USA
Woodward WWD	4.77	605.20%	🇺🇸 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.

DISCLAIMER

CompaniesMarketCap is not associated in any way with CoinMarketCap.com
Stock prices are delayed, the delay can range from a few minutes to several hours.
Company logos are from the CompaniesLogo.com logo database and belong to their respective copyright holders. Companies Marketcap displays them for editorial purposes only.

Contact

For inquiries or if you want to report a problem write to hello@8marketcap.com

Links

- Privacy policy

- Terms and conditions