Telesat (TSAT) - P/B ratio

P/B ratio as of December 2025 : 0.8536

According to Telesat's latest financial reports the company has a price-to-book ratio of 4.29464.
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.

Telesat - P/B ratio (from 2021 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	1.01	115.72%
2024-12-31	0.4693	61.54%
2023-12-31	0.2905	6.04%
2022-12-31	0.2739	7.56%
2021-12-31	0.2547

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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