Nine Energy Service
NINE
Nine Energy Service (NINE) - P/B ratio
P/B ratio as of May 2024 : -2.18
According to Nine Energy Service
's latest financial reports the company has a price-to-book ratio of -2.18.
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.
Nine Energy Service - P/B ratio (from 2018 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | -2.66 | -87.06% |
| 2022-12-31 | -20.5 | 2356.15% |
| 2021-12-31 | -0.8360 | -119.88% |
| 2020-12-31 | 4.21 | 586.33% |
| 2019-12-31 | 0.6129 | -46.38% |
| 2018-12-31 | 1.14 | |
| 2017-12-31 | N/A | |
| 2016-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 PEDEVCO
PED | 0.8742 | -140.08% | 🇺🇸 USA |