Patriot Battery Metals (PMET.TO)

P/B ratio as of September 2024 : 1.96

According to Patriot Battery Metals's latest financial reports the company has a price-to-book ratio of 1.96.
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.

Patriot Battery Metals - P/B ratio (from 2010 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	5.75	-58.88%
2022-12-31	14.0	635.7%
2021-12-31	1.90	136.43%
2020-12-31	0.8040	94.3%
2019-12-31	0.4138	-61.11%
2018-12-31	1.06	-72.44%
2017-12-31	3.86	17.6%
2016-12-31	3.28	-31.42%
2015-12-31	4.79	150.38%
2014-12-31	1.91	-193.28%
2013-12-31	-2.05	-90.06%
2012-12-31	-20.6
2011-12-31	N/A	-100%
2010-12-31	10.5
2009-12-31	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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Patriot Battery Metals (PMET.TO) - P/B ratio