Indonesia Energy
INDO
$4.21
Share price
9.07%
Change (1 day)
-5.61%
Change (1 year)
Indonesia Energy (INDO) - P/B ratio
P/B ratio as of May 2024 : 2.51
According to Indonesia Energy's latest financial reports the company has a price-to-book ratio of 2.51.
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.
Indonesia Energy - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.75 | -35.84% |
| 2022-12-31 | 2.73 | 2.37% |
| 2021-12-31 | 2.67 | -40.72% |
| 2020-12-31 | 4.50 | 35.25% |
| 2019-12-31 | 3.32 | |
| 2018-12-31 | N/A |