Pangaea Logistics Solutions
PANL
$5.69
Share price
0.71%
Change (1 day)
15.89%
Change (1 year)
Categories
Pangaea Logistics Solutions (PANL) - P/B ratio
P/B ratio as of September 2023 : 0.7312
According to Pangaea Logistics Solutions's latest financial reports the company has a price-to-book ratio of 0.7312.
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.
Pangaea Logistics Solutions - P/B ratio (from 2013 to 2022)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2022-12-31 | 0.6614 | 15.32% |
| 2021-12-31 | 0.5735 | 6.79% |
| 2020-12-31 | 0.5370 | -1.42% |
| 2019-12-31 | 0.5448 | -4.64% |
| 2018-12-31 | 0.5713 | -25.33% |
| 2017-12-31 | 0.7651 | 8.61% |
| 2016-12-31 | 0.7044 | 20.84% |
| 2015-12-31 | 0.5829 | -64.57% |
| 2014-12-31 | 1.65 | -92.53% |
| 2013-12-31 | 22.0 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Royal Caribbean RCL | 6.58 | 799.99% | 🇺🇸 USA |
 Seanergy Maritime SHIP | 0.4928 | -32.61% | 🇬🇷 Greece |
 Matson MATX | 1.37 | 86.88% | 🇺🇸 USA |
 Tsakos Energy Navigation TNP | 0.3562 | -51.29% | 🇬🇷 Greece |