PrairieSky Royalty (PSK.TO)

P/B ratio as of October 2024 : 2.42

According to PrairieSky Royalty 's latest financial reports the company has a price-to-book ratio of 12.4875.
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.

PrairieSky Royalty - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.01	6.82%
2022-12-31	1.88	49.84%
2021-12-31	1.25	30.37%
2020-12-31	0.9622	-32.63%
2019-12-31	1.43	-11.18%
2018-12-31	1.61	-42.3%
2017-12-31	2.79	-2.88%
2016-12-31	2.87	55.46%
2015-12-31	1.85	-86.27%
2014-12-31	13.4

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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PrairieSky Royalty (PSK.TO) - P/B ratio