New Fortress Energy
NFE
$26.41
Share price
2.09%
Change (1 day)
-7.24%
Change (1 year)
Categories
New Fortress Energy (NFE) - P/B ratio
P/B ratio as of May 2024 : 2.98
According to New Fortress Energy
's latest financial reports the company has a price-to-book ratio of 2.98.
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.
New Fortress Energy - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 4.35 | -29.16% |
| 2022-12-31 | 6.14 | 145.26% |
| 2021-12-31 | 2.50 | -89.94% |
| 2020-12-31 | 24.9 | 264.79% |
| 2019-12-31 | 6.82 | |
| 2018-12-31 | N/A | |
| 2017-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 NiSource
NI | 1.26 | -57.76% | 🇺🇸 USA |
 New Jersey Resources NJR | 2.12 | -28.96% | 🇺🇸 USA |
 NW Natural
NWN | 1.15 | -61.49% | 🇺🇸 USA |
 National Fuel Gas
NFG | 1.59 | -46.73% | 🇺🇸 USA |