Global Medical REIT
GMRE
$8.20
Share price
0.12%
Change (1 day)
-12.30%
Change (1 year)
Global Medical REIT (GMRE) - P/B ratio
P/B ratio as of April 2024 : 0.9554
According to Global Medical REIT
's latest financial reports the company has a price-to-book ratio of 0.9554.
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.
Global Medical REIT - P/B ratio (from 2016 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.20 | 17.97% |
| 2022-12-31 | 1.02 | -43.03% |
| 2021-12-31 | 1.79 | 26.67% |
| 2020-12-31 | 1.41 | 12.09% |
| 2019-12-31 | 1.26 | 63.61% |
| 2018-12-31 | 0.7694 | 12.36% |
| 2017-12-31 | 0.6848 | -32.4% |
| 2016-12-31 | 1.01 | |
| 2015-12-31 | N/A | |
| 2014-12-31 | N/A | |
| 2013-12-31 | N/A | |
| 2012-12-31 | N/A |