According to New Found Gold's latest financial reports the company has a price-to-book ratio of 13.6.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 13.2 | 19.25% |
2022-12-31 | 11.1 | -7.61% |
2021-12-31 | 12.0 | 44.76% |
2020-12-31 | 8.30 | |
2019-12-31 | N/A |