Magnolia Oil & Gas
MGY
Magnolia Oil & Gas (MGY) - P/B ratio
P/B ratio as of April 2024 : 2.86
According to Magnolia Oil & Gas's latest financial reports the company has a price-to-book ratio of 2.86.
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.
Magnolia Oil & Gas - P/B ratio (from 2017 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.34 | -35.98% |
| 2022-12-31 | 3.66 | 11.44% |
| 2021-12-31 | 3.28 | 55.29% |
| 2020-12-31 | 2.11 | 76.92% |
| 2019-12-31 | 1.19 | 15.58% |
| 2018-12-31 | 1.03 | 108.69% |
| 2017-12-31 | 0.4953 |