According to Telesat's latest financial reports the company has a price-to-book ratio of 2.3671.
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 |
---|---|---|
2024-12-31 | 0.4174 | 43.67% |
2023-12-31 | 0.2905 | 6.04% |
2022-12-31 | 0.2739 | 7.56% |
2021-12-31 | 0.2547 |