Cardinal Energy (CJ.TO)

P/B ratio as of November 2024 : 1.09

According to Cardinal Energy's latest financial reports the company has a price-to-book ratio of 1.57177.
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.

Cardinal Energy - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.08	-16.11%
2022-12-31	1.29	44.18%
2021-12-31	0.8932	234.66%
2020-12-31	0.2669	-33.36%
2019-12-31	0.4005	23.05%
2018-12-31	0.3254	-56.57%
2017-12-31	0.7494	-37.14%
2016-12-31	1.19	42.05%
2015-12-31	0.8394	-18.22%
2014-12-31	1.03	-14.02%
2013-12-31	1.19

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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Cardinal Energy (CJ.TO) - P/B ratio