MEG Energy (MEG.TO)

P/B ratio as of September 2024 : 1.52

According to MEG Energy's latest financial reports the company has a price-to-book ratio of 1.52.
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.

MEG Energy - P/B ratio (from 2010 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.47	14.53%
2022-12-31	1.29	36.54%
2021-12-31	0.9426	145.34%
2020-12-31	0.3842	-33.12%
2019-12-31	0.5745	-2.49%
2018-12-31	0.5891	53.87%
2017-12-31	0.3829	-39.87%
2016-12-31	0.6367	29.78%
2015-12-31	0.4906	-46.54%
2014-12-31	0.9178	-35.48%
2013-12-31	1.42	3.36%
2012-12-31	1.38	-31.35%
2011-12-31	2.00	-10.55%
2010-12-31	2.24
2009-12-31	N/A

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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MEG Energy (MEG.TO) - P/B ratio