Ocean Power Technologies
OPTT
$0.19
Share price
1.89%
Change (1 day)
-63.04%
Change (1 year)
Categories
Ocean Power Technologies (OPTT) - P/B ratio
P/B ratio as of April 2024 : 0.4355
According to Ocean Power Technologies
's latest financial reports the company has a price-to-book ratio of 0.4355.
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.
Ocean Power Technologies - P/B ratio (from 2007 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 2023-12-31 | 0.5869 | 37.04% |
| 2022-12-31 | 0.4283 | -62.31% |
| 2021-12-31 | 1.14 | -81.28% |
| 2020-12-31 | 6.07 | 891.68% |
| 2019-12-31 | 0.6120 | -65.9% |
| 2018-12-31 | 1.79 | 34% |
| 2017-12-31 | 1.34 | -30.87% |
| 2016-12-31 | 1.94 | 320.1% |
| 2015-12-31 | 0.4612 | -17.21% |
| 2014-12-31 | 0.5571 | -64.78% |
| 2013-12-31 | 1.58 | 67.38% |
| 2012-12-31 | 0.9451 | 29.8% |
| 2011-12-31 | 0.7281 | -33.73% |
| 2010-12-31 | 1.10 | -8.01% |
| 2009-12-31 | 1.19 | 58.58% |
| 2008-12-31 | 0.7531 | -50.26% |
| 2007-12-31 | 1.51 | |
| 2006-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Lockheed Martin LMT | 16.2 | 3,609.71% | 🇺🇸 USA |
 General Electric GE | 6.10 | 1,300.04% | 🇺🇸 USA |
 Woodward WWD | 4.12 | 845.89% | 🇺🇸 USA |
 Broadwind BWEN | 0.8280 | 90.13% | 🇺🇸 USA |
 Capstone Green Energy CGRN | 6.22 | 1,328.86% | 🇺🇸 USA |