Pyxis Tankers (PXS)

P/B ratio as of September 2024 : 0.5106

According to Pyxis Tankers's latest financial reports the company has a price-to-book ratio of 0.5106.
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.

Pyxis Tankers - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.4418	-46.99%
2022-12-31	0.8336	99.82%
2021-12-31	0.4172	-31.31%
2020-12-31	0.6073	-19.69%
2019-12-31	0.7562	45.09%
2018-12-31	0.5212	-62.66%
2017-12-31	1.40	43.22%
2016-12-31	0.9748	131.37%
2015-12-31	0.4213
2014-12-31	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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Pyxis Tankers (PXS) - P/B ratio