Montrose Environmental (MEG)

P/B ratio as of July 2024 : 3.31

According to Montrose Environmental's latest financial reports the company has a price-to-book ratio of 3.31.
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.

Montrose Environmental - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.02	-28.3%
2022-12-31	4.21	-35.9%
2021-12-31	6.57	16.73%
2020-12-31	5.63
2019-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
E. W. Scripps Company SSP	0.2782	-91.60%	🇺🇸 USA
New York Times NYT	5.08	53.42%	🇺🇸 USA
Sinclair Broadcast SBGI	3.76	13.57%	🇺🇸 USA
Entravision Communications EVC	0.8306	-74.91%	🇺🇸 USA
Nexstar Media Group NXST	2.55	-22.87%	🇺🇸 USA
Daily Journal DJCO	2.82	-14.77%	🇺🇸 USA
Lee Enterprises LEE	5.92	78.99%	🇺🇸 USA
Gray Television GTN	0.2433	-92.65%	🇺🇸 USA
Gannett GCI	3.02	-8.79%	🇺🇸 USA

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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Montrose Environmental (MEG) - P/B ratio